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Analysis of BTC and ETH on the evening of November 17th and the morning of November 18th.


The daily chart shows that the price is oscillating at a high level. After the large bearish candle on the 14th, there has been a gradual rebound, but overall it is still in a downtrend. The 4-hour cycle shows that the lows are rising, indicating signs of stabilization in the short term; however, there is strong resistance above. Currently, the price is close to the EMA7 moving average, which may provide support in the short term; the EMA30 and EMA120 moving averages are trending down, indicating a bearish bias in the medium to long term.
Operation Suggestions:
BTC short in the 95900-95400 range. First target 94000, second target 92000.
Sell ETH in the 3160-3140 range. First target 3020. Second target 2960$BTC .
BTC-4.79%
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