Crypto world Red Sister 11.19: Bitcoin 4H recovers golden cross long positions to aim for a big pump? Today's Bitcoin (BTC) latest market analysis and trading suggestions!

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The current price of Bitcoin is around 93300. After the price broke below the 90000 level yesterday, it has rebounded to the current position. The K-line is near the intersection of the upper band on the 1H chart and MA60. In the short term, it may continue to face pressure in the range of MA90 and MA120. The three lines of KDJ are already close to overbought, and the three lines of RSI are showing a slowing upward pace, which may indicate a potential short-term reversal. It is recommended to continue monitoring the support below at MA30 and the middle band, and to enter long positions if it doesn't break below.

In the 4H chart, the BOLL three lines continue to move downward, with the lower track retracting above 90,000. Currently, the K-line faces pressure from the middle track, but both KDJ and RSI are converging upwards, and the green bars in MACD are already increasing in volume. The DIF and DEA have already formed a golden cross, indicating that there is still upward space. If the middle track and MA30 are broken intraday, it can continue to rise towards the high point around the 17th. In terms of strategy, Hongjie suggests focusing on low buys during pullbacks!

Selling point: ≥95500 light short, stop loss above 96000; take profit 94000-93000-92000; if it breaks below 91500, it can continue to be held.

Buying points: ≤92000 light long positions, stop loss below 91000; take profit at 92900-93900-95500. If it breaks above 96000, it can continue to hold.

There is a delay in article review notifications, the above points are for reference only, please grasp the timing of buying and selling yourself, ensure proper risk management when entering the market, and avoid heavy position trading! Thank you for reading!