Long order meets expectations, the pullback can continue lying in ambush! 11.19 BTC ETH strategy

The bottom-fishing strategy provided yesterday met expectations. Although ETH broke below 90,000, it fortunately did not break 89,000. The long order strategy given for ETH was accurate. If ETH had continued to break below yesterday, then the long order would really have been prepared for a stop loss. In the end, it still rose slowly, earning a bit! If you held onto this wave, the gains are still quite good!

The daily BTC chart has formed a doji with a longer lower shadow. The three tracks are moving downward, and the coin price is operating above the lower track. The KDJ lines are extending at the bottom, and the MACD volume is also decreasing. Overall, the trend is bearish, but there are signs of building a bottom. Additionally, despite the decline in US stocks yesterday, the coin price did not follow suit, indicating that there is a strong possibility of capital intervention pulling the price up. Therefore, Conan suggests focusing on long orders at this low position; it is clearly inappropriate to chase short orders at such a low level!

11.19 long order strategy:

Buy BTC on the pullback at 90500-91000, for conservative traders enter at 89500-90000, with a stop loss near 89000. The target is around 92000-92500-93000, and if it breaks, look for 94000-95000. Continue to adjust the stop loss based on the situation!

Enter long order at 2960-3000 on ETH retracement, for conservative traders enter at 2900-2940, with a stop loss around 2870. The target is around 3100-3150-3200, if broken look for 3250-3300, continue to move stop loss to protect profit based on the situation!

11.19 short order idea:

Open a short order for BTC at the rebound of 95500-96000, with a defense near 96500. The target is around 94500-94000-93000, and if broken, look for 92500-92000.

Short one hand on ETH rebound at 3200-3250, defend near 3280, target around 3150-3100, break level looking at 3050-3000.

When playing with leverage, the worst thing is to heavily position on a single order. If your psychological quality is not strong enough, you will absolutely not earn anything beyond your understanding. How much you earn depends on the market, but how much you lose is up to you! To gradually grow your capital, you must earn small and lose big; otherwise, you will always be the fodder for others! #美联储会议纪要将公布