Morning outlook on November 26th


From the 4-hour chart, after a surge in price during the early morning, upward momentum suddenly exhausted, and the market experienced a strong rebound, forming a three consecutive bearish candles pattern. The bulls are powerless to resist! Blindly chasing highs can easily lead to a passive position; the current core trading logic remains to lay out high shorts. Do not overlook the market pattern dominated by bears!

There is no need to rush to enter the market. Wait for the coin price to drop to key support levels for confirmation before choosing the right time to enter. For intraday operations, just follow the trend and look for a pullback. When there is a retracement, buy on the dip and sell on the rebound.

Operation Suggestions

BTC: 89000-88000 range, target 84000-87000

Erbing: 3050-2980 Kong, target 2600-2900

(Personal opinions are for reference only, everything is subject to actual transactions!) #BTC #ETH
BTC-0.19%
ETH-0.15%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments