Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场调整 November 18 after-hours outlook



Bitcoin has experienced four consecutive weeks of decline on the weekly chart, interrupting its long-term upward trend, and the signal for a major shift to bearish is already quite clear.

What about the hourly chart? The price has bounced back multiple times but has been pushed down again. Although the price has recovered, the strength is really too weak; compared to the previous crash, it's simply just a tickle.

In terms of operations, $BTC can consider placing short positions in the range of 92000-93000, looking at the area around 89500-90800; $ETH can short at the resistance level of 3060-3130, with a target range of 2900-2960.
BTC0.22%
ETH-2.7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
WhaleWatchervip
· 11-18 14:30
Still need to patiently wait for the pullback.
View OriginalReply0
BuyTheTopvip
· 11-18 14:27
Cut Loss and can't run anymore.
View OriginalReply0
MEVictimvip
· 11-18 14:23
Long positions are dead, stop loss is the priority.
View OriginalReply0
CryptoTarotReadervip
· 11-18 14:15
Short Position is the winner.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)