11.27 Bitcoin and Ethereum Evening Trend Analysis and Trading Ideas!

CN
16 days ago

On the daily level, Bitcoin continues to close positively above 90,000, and the market has broken through expectations. The current resistance level is 92,000-93,000, and if it continues to rise, we look at 94,500-95,500, with support at 88,000-90,000! Ethereum closes positively above 3,000, and the market has also broken through expectations. The current resistance level is 3,030-3,100, and if it continues to rise, we look at 3,170, with support at 2,950!

On the 4-hour level, Bitcoin's trend has shifted from steady upward movement to a strong surge, with resistance at 92,500-93,000 and support at 90,500-89,000. Ethereum is moving in sync, with resistance at 3,050-3,080 and support at 2,950-2,980!

Yesterday's analysis indicated that the current bearish trend has temporarily come to an end. Bitcoin and Ethereum have been showing a steady upward trend, so we have consistently suggested going long at lower levels. Bitcoin and Ethereum have successfully reached the expected target for profit-taking, and this approach can continue moving forward!

Trading Strategy:

Go long on Bitcoin at 90,000-90,500, targeting 91,500-93,000, with a stop loss below 88,000;

Go long on Ethereum at 2,950-2,980, targeting 3,050-3,100, with a stop loss below 2,900;

The strategy is time-sensitive, and specific guidance should be based on real-time updates privately!

Professional team gold medal analyst Ruo Yu focuses on contract trading guidance. Follow the WeChat public account "Coin Circle Ruo Yu" to understand real-time market analysis and trading strategies!

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