11.28 How to choose the direction of high-level consolidation Is it long or short?

2023-11-28 08:52:34

**Article editing time: 2023.11.28 12:48, all views do not constitute any investment advice! **

**Don’t complain about God, complain that your parents didn’t give you too smart, blame God for not giving you a good chance, and don’t be jealous that others fly faster than you, be a stupid bird with peace of mind, and fly forward bravely!

Market Analysis:

**Time flies really fast, Tuesday, the market in yesterday’s trend performance is weaker, continued shock downward, the low to 36700 after the rebound, yesterday morning to step back on the 37000-37200 area long, the trend of the market is basically in the expected range, fell to 36700 in the early morning began to rebound, the rhythm of the market is still a little slower, although yesterday’s market is in line with expectations, but there are also small bamboo shoots in the pan, fortunately continue to be bullish in the evening, and the bamboo shoots have been lost. The chronic market still can’t be aggressive. **

Market Review:

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**From the 4-hour point of view, the currency price is under pressure in the middle of the four consecutive negative lines to confirm the support of the lower track, the Bollinger band three-line trend runs downward, although the current rebound has signs of pulling, but there is still some resistance above, the morning wave of pull up did not refresh the high, but stopped at the 37200 area to do high shocks, short-term maintenance at 36400-37400 to do interval adjustment, interval repeated, accumulate energy, for the follow-up to break the construction of the support platform. The continuity of the breakthrough after a long time is still very strong, and the short-term may be accompanied by a slow rise in the consolidation style.

Operation Suggestion:

BTC: 36600-36800 area more, defend 36400 target 37500-37800 area

ETH: 1975-1995 area more, defense 1950, target 2020-2040 area

Disclaimer

**The market is changing rapidly, the market fluctuates rapidly, the full text only relies on personal speculation, this article does not have any reference value, investment risks need to be cautious when entering the market, we can not go on the light warehouse operation, I wish you a lot of money!

Source: Golden Finance

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