Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#美联储恢复降息进程 After-hours observation on Friday shows that the trend is still quite stable.



First, let's look at the overall market. After the previous long bullish candle broke through, the pullback over the past two days has been quite small, and the trading volume has clearly contracted. The key point is that several important support levels have been held, indicating that the bulls still have a foundation. The price is currently stuck between the middle and upper bands of the Bollinger Bands, which is actually a normal consolidation during an upward trend and not necessarily a bad thing.

The MACD signal here is clearer - the DIF has consistently remained above the DEA, and both are above the zero line without falling down. Although the red bars have shrunk a bit compared to before, this only indicates that the short-term momentum has slowed down a bit, and there hasn't been a death cross or a turn to green; the bears have not formed a significant counterattack at all.

So tonight's strategy is still the same: wait for a pullback to the key position before entering a long position.

$BTC can focus on the range of 90000 to 90800. If it pulls back into this range, consider positioning, looking at around 91800-92900. $ETH is watching the 2980-3000 line, with the target set at 3080-3120 after entering.

The technical structure is not broken, just wait patiently for the right position.
BTC-0.76%
ETH0.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
OnchainHolmesvip
· 12-01 02:08
I'll buy more on the next pullback, I like this market rhythm.
View OriginalReply0
DustCollectorvip
· 11-28 10:51
The Bollinger Bands are still grinding, the long positions are not dispersed... The logic of continuing to hold the support level in this wave is still good, just afraid of a big dump triggering a bear trap.
View OriginalReply0
TokenUnlockervip
· 11-28 10:48
Well, the Bollinger Bands didn't give short positions a chance this time; I'm also keeping an eye on around 90000.
View OriginalReply0
BearMarketBuyervip
· 11-28 10:48
Support holds firmly, the Bollinger Bands sharpen the axe for the woodcutter, this wave is stable.
View OriginalReply0
CascadingDipBuyervip
· 11-28 10:46
Support level is being held firmly, the Bollinger Bands are grinding up, I'm familiar with this rhythm. Enter the market at 90000-90800, just wait, don't rush.
View OriginalReply0
ImpermanentLossFanvip
· 11-28 10:36
The Bollinger Bands are grinding back and forth, and I just want to know when it can really break through, without another false breakouts.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)