Morning reminder: rebound, the first target is a direct take profit, cashing in on a 1300-point range.
For those who missed this wave and want to catch the upcoming wave range, act quickly.
11.19 Bitcoin remains in a weak pattern, and a technical rebound may occur during the day.
On the daily level, Bitcoin has recorded two long upper shadow bearish candles consecutively, clearly showing a pressure situation. The current coin price is running near the lower Bollinger Band, with significant weak characteristics.
On the indicator level, although the KDJ three lines are in a low range, the downward divergence momentum has shown signs of slowing down, with short-term oversold signals emerging; the MACD double lines maintain a dead cross running downwards, and the green column pattern has not changed significantly, with overall volume showing a slight increase, and the bulls still show no strong signs of counterattack for the time being.
From the trend structure, the current market is still in a weak downward channel, but there has not been a strong breakdown action, and panic selling pressure has eased, so there is no need to be overly bearish for now.
Based on the signals from the market, there is a high probability of a technical repair rebound occurring during the day, with a focus on the volume follow-up during the rebound process and the performance of breaking through the resistance above.
Bitcoin suggests near 85200, 84800, target around 86500, 88000.
$BTC #美国非农数据超预期
$ETH #巨鲸动向
$SOL #美SEC推动加密创新监管
On the daily level, Bitcoin has recorded two long upper shadow bearish candles consecutively, clearly showing a pressure situation. The current coin price is running near the lower Bollinger Band, with significant weak characteristics.
On the indicator level, although the KDJ three lines are in a low range, the downward divergence momentum has shown signs of slowing down, with short-term oversold signals emerging; the MACD double lines maintain a dead cross running downwards, and the green column pattern has not changed significantly, with overall volume showing a slight increase, and the bulls still show no strong signs of counterattack for the time being.
From the trend structure, the current market is still in a weak downward channel, but there has not been a strong breakdown action, and panic selling pressure has eased, so there is no need to be overly bearish for now.
Based on the signals from the market, there is a high probability of a technical repair rebound occurring during the day, with a focus on the volume follow-up during the rebound process and the performance of breaking through the resistance above.
Bitcoin suggests near 85200, 84800, target around 86500, 88000.
$BTC #美国非农数据超预期
$ETH #巨鲸动向
$SOL #美SEC推动加密创新监管
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BTC
88,308.65
+0.32%