On November twenty-ninth, Friday, Lao Mou BTC analysis:



Yesterday, BTC fluctuated around 95500, with a range of thousands of points. It formed a short-term consolidation pattern, and Lao Mou's three live trading positions also successfully reached the target level. Although the gains were not significant, there were still some achievements.

In the short term, BTC has entered a period of hesitation and decision-making. Since the recent strong upward movement stopped at 99,000, it has repeatedly tested the support level of 90,000 below. It has not been able to break through the upward movement. In the personal opinion of Lao Mou, as long as it does not break 90,000, it is a good thing. The main focus is on observing the hesitation point at 90,000, with control as a supplement. Follow closely.

In the hourly chart, the one-hour BOLL moving average has a clear opening posture, consistent with the four-hour chart, standing above the middle track without breaking the short-term suppression unilaterally. Next, there will be a retracement to test the short-term support trend. In the future, you can first look for a retracement and then go low and short.

BTC get on board suggestion: first look at the pullback, pull back around 94000, and then look at the range of 97000-97500. The conversion of 'do' is frequent, so get on board and be prepared defensively according to your own situation. If you can't grasp the direction of get on board, you can DD Lao Mou. #BTC
BTC-0.19%
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