Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Analysis of the Bitcoin Strategy on November 27



From a structural analysis perspective, this round of upward movement is more of a passive rebound triggered by the strong squeeze on short positions for two consecutive days: the daily chart is still in the repair process at the lower edge of the descending channel, and the main trend has not reversed; after a rapid increase in volume on the 4-hour level, it quickly entered a consolidation phase, with high-level trading volume continuously shrinking and significant signs of KDJ indicator flattening; on the 15-minute level, a divergence signal has appeared, revealing the risk of short-term pullback.

Overall, Bitcoin is currently in a rebound market under a weak trend, and the upward sentiment has warmed up too quickly, so we should be cautious of the possibility of a pullback after a rise.

Operational suggestion: Around 91000-91600, look down to around 90000-89000, continue to look down if it breaks. #Gate广场圣诞送温暖 #非农数据超预期
SOL1.08%
ETH3.92%
BTC0.09%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)