Black Friday really lives up to its name, the real rock is also ushered in the bamboo shoots, after the bullish idea of the day has been verified by the Luo belt, once again to the idea of stepping back to receive more, but the market in the upper probe to the 106486 line, first to a small step back, the price after the pressure finishing, the market did not give a wave of strong pull up as expected, but increased the strength of the step, we are not a big pie Duodan in the vicinity of 105000 to receive more, but the market continues to fall all the way, in the fall to 104400 when we make up for a cang, There is still no sign of a rebound in the market, the small-level structure has formed a downward trend, here we can no longer have too much head iron, the influence of Black Friday in the past has been vivid, we are solid and timely stop the bamboo shoot cake 800 points, and the backhand is not the cake empty Dan near 104200 to enter the short, to see the continuation of a wave of price comparison, when the pie fell to 102800 to leave, Kong Dan won 1400 points of space, in the fight back to lose at the same time is also Luo with 600 points of space; There is always a time when the market looks away, Lao Li is not omnipotent, there is no winning general, but the mentality of being a Dan must be good, there must be gains and losses, analyze the current market in time to respond, and never be the one who is the first iron, in order to go long-term in this circle.
BTC daily line has once again shown a pattern of probing higher and then retreating. The upper shadow on the daily line is extended, and Ethereum is similar in this aspect. Currently, the price is once again testing near the previous low point, falling to a minimum of around 102255, but it has not continued to move downwards. Currently, the price has rebounded to some extent, combining with the previous low of 100,000 stabilizing to give a rebound. Currently, the price is oscillating and correcting around the 103 mark. The bullish trend has not changed; it's just that this pullback has deepened again, probing down to the regional low, deepening the fluctuation amplitude. Ethereum and BTC share the same trend, both returning to the regional low. The trend has not changed. If the previous upper resistance at 106 cannot be stabilized, it will also lead to a pullback again. Currently, the pullback has ended, and there is not much space below. Here, we can confidently take a long position and wait for the market to rise. If the price tests the support at the 100,000 mark again, we will respond according to the pattern and structure at that time. You can buy BTC in the range of 103000-102500 in the early morning, target Around 105000; Ethereum can be bought at 2420-2400, with a target near 2500. #GateLive
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.
Black Friday really lives up to its name, the real rock is also ushered in the bamboo shoots, after the bullish idea of the day has been verified by the Luo belt, once again to the idea of stepping back to receive more, but the market in the upper probe to the 106486 line, first to a small step back, the price after the pressure finishing, the market did not give a wave of strong pull up as expected, but increased the strength of the step, we are not a big pie Duodan in the vicinity of 105000 to receive more, but the market continues to fall all the way, in the fall to 104400 when we make up for a cang, There is still no sign of a rebound in the market, the small-level structure has formed a downward trend, here we can no longer have too much head iron, the influence of Black Friday in the past has been vivid, we are solid and timely stop the bamboo shoot cake 800 points, and the backhand is not the cake empty Dan near 104200 to enter the short, to see the continuation of a wave of price comparison, when the pie fell to 102800 to leave, Kong Dan won 1400 points of space, in the fight back to lose at the same time is also Luo with 600 points of space; There is always a time when the market looks away, Lao Li is not omnipotent, there is no winning general, but the mentality of being a Dan must be good, there must be gains and losses, analyze the current market in time to respond, and never be the one who is the first iron, in order to go long-term in this circle.
BTC daily line has once again shown a pattern of probing higher and then retreating. The upper shadow on the daily line is extended, and Ethereum is similar in this aspect. Currently, the price is once again testing near the previous low point, falling to a minimum of around 102255, but it has not continued to move downwards. Currently, the price has rebounded to some extent, combining with the previous low of 100,000 stabilizing to give a rebound. Currently, the price is oscillating and correcting around the 103 mark. The bullish trend has not changed; it's just that this pullback has deepened again, probing down to the regional low, deepening the fluctuation amplitude. Ethereum and BTC share the same trend, both returning to the regional low. The trend has not changed. If the previous upper resistance at 106 cannot be stabilized, it will also lead to a pullback again. Currently, the pullback has ended, and there is not much space below. Here, we can confidently take a long position and wait for the market to rise. If the price tests the support at the 100,000 mark again, we will respond according to the pattern and structure at that time.
You can buy BTC in the range of 103000-102500 in the early morning, target
Around 105000; Ethereum can be bought at 2420-2400, with a target near 2500.
#GateLive