The BTC market last night can be described as a roller coaster. It first broke through to the 93400 range, and then plummeted in the early hours of the morning, successfully drawing a gate on the hourly chart. Many brothers who wanted to witness 95000 were disappointed, but from the daily candlestick chart, the Bull Market of BTC is still the trend, and 95000 will only be slightly delayed.
After the evening baptism, the price of the coin fell back to the 88000 support and started to rise to stabilize around 90000, showing a slow rising trend. This also indicates that the bottom has been built and the energy of the dot head has been released. The coin price is still under pressure and running on the upper track at the hourly level, and the opening is still upward. At present, the coin price has relatively stabilized above 90000, so there is a great chance of reaching the 95000 level this week, and the distance to 100000 is not far away. On the other hand, if it does not continue to stabilize around 90000, the market will once again test the support level below, so we still need to focus on the pullback after the dot head.
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11.14 Strategy
The BTC market last night can be described as a roller coaster. It first broke through to the 93400 range, and then plummeted in the early hours of the morning, successfully drawing a gate on the hourly chart. Many brothers who wanted to witness 95000 were disappointed, but from the daily candlestick chart, the Bull Market of BTC is still the trend, and 95000 will only be slightly delayed.
After the evening baptism, the price of the coin fell back to the 88000 support and started to rise to stabilize around 90000, showing a slow rising trend. This also indicates that the bottom has been built and the energy of the dot head has been released. The coin price is still under pressure and running on the upper track at the hourly level, and the opening is still upward. At present, the coin price has relatively stabilized above 90000, so there is a great chance of reaching the 95000 level this week, and the distance to 100000 is not far away. On the other hand, if it does not continue to stabilize around 90000, the market will once again test the support level below, so we still need to focus on the pullback after the dot head.
Operation train of thought;
BTC 89700-89200 Dor Target 93000-95000
ETH 3160-3140, target 3240-3280.
#BTC #ETH #GateioInto11