From the 4-hour chart, the Bollinger Bands are narrowing downwards. The MACD indicator formed a golden cross above the zero line but then quickly turned downwards. The red bars, after a brief increase in volume, are gradually narrowing. The short-term bearish trend is in absolute dominance and has certain downward continuation momentum. The approach is to follow the trend and go short.
Bitcoin: Short at 88300-89500, target 84000-85000 Auntie: 2930-3020 empty, target 2720-2800 #非农数据超预期
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.
Analysis of the evening thoughts on November 25
From the 4-hour chart, the Bollinger Bands are narrowing downwards. The MACD indicator formed a golden cross above the zero line but then quickly turned downwards. The red bars, after a brief increase in volume, are gradually narrowing. The short-term bearish trend is in absolute dominance and has certain downward continuation momentum. The approach is to follow the trend and go short.
Bitcoin: Short at 88300-89500, target 84000-85000
Auntie: 2930-3020 empty, target 2720-2800
#非农数据超预期