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#ETH巨鲸扩大持仓 November 24th $BTC trend review


Last Friday, we entered a long position near 81000. After two days of consolidation over the weekend, the target of 88000 was successfully reached, yielding a profit of 7000 points. On the other hand, Auntie started from 2640 and surged to a maximum of 2880, also gaining around 240 points.
Today, on the daily level, it reached a high of 88100 and a low of 85900, with a large bullish candle reversing the weakness of the previous two days. However, there is still some distance to the 0.618 golden ratio line at 94200.
From a technical perspective, the MACD histogram is shrinking, the DIF and DEA lines are starting to converge, the Bollinger Bands continue to widen downwards, and the K-line has already moved away from the lower band area, but the middle band is still above, creating resistance. In the short term, the bullish trend is quite apparent.
From a general perspective, the bullish momentum is still continuing to ferment. The positive news has already been partially released, and the remaining reactions are likely to occur after the opening of the US market in the evening. The key resistance area to watch above is between 88800 and 93000.
Operation Idea:
$ETH : A pullback to the 85500-86500 range can be considered for buying, looking at the area around 88600-91200.
$BTC : The 2750-2800 range is a good area for long positions, with target levels at 2960-3060.
BTC1.57%
ETH6.44%
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