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Midnight Bitcoin and Ethereum trading suggestions and directional sharing on November 17, public discussion by Lao Zhao on market trends.
The evening thought process has been validated again. If it doesn't break through 96000, we will enter the market with a long position. The market trend has once again hit accurately. We suggested entering the market for the first position at 95800, and for the second position at 3200. We will exit when it drops to 93600/3100. The first position has captured over 2100 points, and Ether has captured over 105 points. All of Lao Zhao's strategies are publicly shared in advance and can be traced. The market remains easy to grasp, and Lao Zhao's market sense is still very strong. Friends who are struggling and have no direction can discuss together.
From the perspective of the previous market, the current trend remains unchanged. After a short-term drop to a low point, a rebound is occurring for market correction. The Bollinger Bands show no signs of convergence, and the three bands continue to move downward. In the short term, it may enter a sideways consolidation. Looking at the 1-hour level, the evening market continued to decline with three consecutive candles down to around the 93500 line before stopping the drop. It has now started to rebound, rising to around the 95650 line, and is attempting to break above the 96000 line again. Currently, it has not effectively broken through or stabilized. Therefore, Old Zhao's midnight operation suggestion still focuses on the rebound, and the key points to watch are still referenced from the previous level.
The pancake is around 95400 to 95900, pay attention to 94500. Need to note the resistance at 96000, if it breaks and stabilizes, then you can enter long positions accordingly.
The range between 3190 and 3220 for the two coins can be monitored, pay attention to 3100#BTC #ETH .