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#美国ADP就业数据表现超出市场预期 11.12 Morning $BTC trend analysis



Recently, the bearish forces have taken the upper hand, with consecutive bearish candles on the four-hour chart piercing through the middle Bollinger Band. However, it is worth noting that several candlesticks have long lower shadows, indicating that there is still buying support below. The Bollinger Bands do not show any clear signs of reversal for now, and the KDJ has entered the oversold zone. This drop from the high point has roughly amounted to around 5000 points.

The risk of continuing to short from this position is considerable; today we are mainly focusing on rebound opportunities.

Trading Idea Reference:
Consider opening a long position in the range of 102000 to 102500.
The rebound space is seen around 105000-106000.
If the upward momentum weakens after reaching the target position, you can switch to a bearish outlook.

$BTC $ETH $XRP
BTC-3.4%
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MemecoinTradervip
· 11-12 01:50
Juicy bear trap loading
Reply0
LeekCuttervip
· 11-12 01:49
Waiting to cut the leeks and lose money
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FlyingLeekvip
· 11-12 01:49
Be very careful about the risks when cutting.
View OriginalReply0
EthSandwichHerovip
· 11-12 01:48
Just go all-in within this range.
View OriginalReply0
MetaverseLandlordvip
· 11-12 01:43
Waiting for a long order rebound
View OriginalReply0
OnchainDetectiveBingvip
· 11-12 01:43
Good market conditions are right in front of you.
View OriginalReply0
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