ETH market analysis-November 11th

 2020-11-11 03:17:12

From the 1-hour chart, the currency price hit the 440 resistance level in the early morning and started to rebound. It pulled up to around 466 in the morning and then began to pull back. From a technical point of view, the Bollinger Bands are running, and the currency price is running above the Bollinger Bands and there is a return. The trend within the Bollinger Band, the MACD bull energy column continues to increase the fast and slow lines and radiate upward.

Bexplus


From the 4-hour chart, the upper and lower tracks of the Bollinger Bands continue to be parallel, and the K line breaks through the upper track of the Bollinger Bands. MACD is about to form a golden cross downward, and the red energy column continues to shrink. Comprehensive analysis of the daytime trends tend to be bullish.

Bexplus


Action suggestions:

Step back near US$ 444-446, enter with buy/up orders, target near US$ 453-460, stop loss 4 points

Rebound near US$ 463-465, enter with sell/down orders, target near US$ 455-450, stop loss 4 points


Tips: Quotes are time-sensitive, thus please pay attention to take good risk control and make good use of "Take profit" and "Stop loss".

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Direction
Token:

Open price:
Close price:
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Position days:
Profit:

0.00000000 BTC

Profitability:

0.00 %

Amount required (margin):

0.00000000 BTC

Service charge:

0.00 BTC

Daily interest:

0.00 BTC

Token:

Volume:
Occupation margin:

0.00000000 BTC

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