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11.19 Tuesday Rich Fortune Silk Road Analysis Suggestions:
As of now, the overall market has not broken through, still in a wide range of fluctuations, currently in the stage of building momentum upwards.
From the 4-hour chart, it shows that the Bollinger Band upper band is widening, and the middle band is an effective support, currently testing the breakthrough of the upper band. The hourly chart shows a strong one-sided pump trend, with the middle band serving as a short-term lifeline. Without a rapid volume surge, it will maintain a slow rise and oscillation rhythm.
During the day, pay attention to the resistance at 93000 above, and the support at 89500 below. Our overall intraday operation strategy still revolves around entering the market on pullbacks.
Operation Suggestions:
BTC#BTC :89500-90000 area, with support around 89500, next target is 92500
ETH#ETH : Around 3150-3170, with a possible upward movement towards 3300.