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Friday, 11.7, Zhang Heng Evening Trading Strategy:
From the four-hour chart, the candlesticks are continuously hovering around the lower Bollinger Band. The three consecutive bearish candles indicate a dominant downtrend. Next, we should observe the retracement strength to see if it can create a new low and stabilize below. If it cannot break strongly downward, consider taking a light long position at the support level below. If there are clear trend reversal signals, add to the position!
Trading suggestions:
Bitcoin: Buy around 99,000-99,500, target near 101,500-102,500
Ethereum: Buy around 3,150-3,180, target near 3,350-3,380