BTC market analysis-November 24th

 2020-11-24 09:56:44

From the 1-hour chart, the daytime market fluctuated slightly. It fell to the lowest price of $18,045.02 in the morning and then rebound. It is currently operating near $18,900 and it is expected to break through $19000 and hold tight.


The Bollinger Bands runs open, and the currency price moved near the upper rail. In the chart, the MACD bull energy column continues to increase, the fast and slow lines cross below the zero axis and start to rise, and the KD line radiates upwards. On the whole, the short-term market is still in a volatile pattern.


Action suggestions:

Fallback near $18,400-18,500, enter the market with buy/up orders, the target position is $18,700-18,800, stop loss 100 points

Rebound near $18,700-18,800, enter the market with sell/down orders, the target position is $18,500-18,400, stop loss 100 points


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

The technical analysis of cryptocurrencies in real time should be taken for informational purposes only, and in no case should it be taken as an investment signal.

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