11.14 Evening BTC Market Analysis
During the day, Bitcoin started to fall back to the lowest level of 36200 after opening in the morning, and then oscillated all the way up to the highest level of 36754 in the white market, and then fell back under pressure. The current market is running near 36350. And my morning strategy of going long near 36300 for Bitcoin also perfectly took 400 points of profit, congratulations to the friends who followed me.
From the technical structure of the four-hour chart, the Bollinger Bands are diverging downward, and the K-line probes below the lower track after two consecutive yin, but it does not continue to break below the strong support of 36000, but rebounds to run above the lower track. However, the rebound strength is not strong, and the overall market is still a wide-range oscillation trend. The attached chart indicator MACD double line crosses downward, the bearish energy column changes from solid to hollow, and goes for a shock correction, and the KDJ three lines are downward. As long as the low point below is not broken, the operation can still participate in the low and long!
Operation suggestions
BTC: Go long near 36200, target up to 36600-37200-38000 area.
