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

11.11


Midday thoughts
On the 4-hour chart, the price has rebounded from the previous low of $104,200 and is now consolidating. The latest candlestick is bullish with a bullish engulfing pattern. Currently, the trading volume on the 4-hour timeframe has increased compared to earlier periods, and the price is rising in sync with the volume, indicating short-term trading activity is active and the upward momentum is temporarily strengthening. However, it has not yet broken out of the recent consolidation range and no clear directional trend has formed.
Bitcoin: Around 105,000-105,500, with an outlook towards 108,000-109,000
Altcoin: Around 3,520-3,560, with an outlook towards 3,750-3,850
BTC-2.27%
ETH-1.8%
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
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)