November 24 morning trading strategy



I just took a look at the 4-hour chart of Bitcoin, and the current price is around 86600, with a slight increase of 1.5% in 24 hours, which indicates a "quietly bullish state within the fluctuations."

You can now make a small long position by buying low, but don't chase the highs; you can try a small short position at the pressure level above.

Current long opportunities to get in:

Wait for the pullback to buy in batches in the range of 85500-86000, or wait for it to stabilize at 87500 before chasing the breakout for more stability.
Stop loss directly set at 84700, if it falls below, recognize the loss and exit, which is just a risk of a little over 2 points. The target is initially set at 88300, if it can break through, then look at 89900.

Where can I short?

Wait for the price to rise to the resistance level of 88300-88500. If it can't break through and the K-line shows a long upper shadow or a bearish candle, take a small short position. Set the stop-loss at 89000 and target around 87000 for quick in and out.

Why do you see it this way?

1. The technical aspect gives some confidence: the MACD has just crossed bullishly, the moving averages are starting to align upwards, and the price is still above the middle band of the Bollinger Bands, which indicates a "strong but not crazy" state.
2 Short-term money coming in: 1-hour contract net inflow of 112 million dollars, but medium to long-term funds are still running away, so don't go heavy on positions.
3 The trading volume is acceptable: there is no volume during the decline, and volume increases during the rise, indicating a healthy state of buyers.

#美联储会议纪要将公布 $BTC
BTC-3.68%
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