11.19 Morning BTC/ETH Analysis
15-minute line analysis, Bollinger Bands lower track descending, MACD indicator continues to hover in the red bar position, KDJ is struggling to form a golden cross.
Hourly level has not broken through the upper track, bullish strength is weakening, moving in a downward trend, MACD indicator green bar is diminishing, bearish strength is prevailing, KDJ forms a dead cross.
ETH follows BTC's downward trend, it is recommended to focus on short positions.
BTC: Short near 92700-93200, target downward to 8800.
ETH: Short near 3120-3130, target downward to 3000.
