Hello everyone, I am Eleven. Update Bitcoin and various counterfeit currencies daily
Hello everyone, I am Eleven. Update Bitcoin and various counterfeit currencies daily. Interested parties can take a look together.
In response to yesterday's Bitcoin market, it seems that after experiencing a correction the day before yesterday, Bitcoin showed a fluctuating upward trend. At present, we see that Bitcoin is above the bullish and bearish split line, below the large and small channels, and is about to show a hypermarket signal. Therefore, during the day today, 11 believes that this wave is likely to continue a legitimate upward trend.
We can refer to the figure and use the relative strength index (RSI), moving weighted average (MWA), Williams fractal (fractal), and moving average convergence divergence (MACD) to determine the price pattern of (BTC) and determine its later trend.
We know that the price relationship between Bitcoin and counterfeit coins is indeed highly correlated. Bitcoin is the largest cryptocurrency by market value and is seen as a market vane, so other counterfeit currencies often follow the trend of Bitcoin to rise and fall.
Eleven believes that the night before yesterday, after the insertion of that pin, it shook many people out of the car. However, from yesterday to this morning, it was discovered that various counterfeit coins were also undergoing some replenishment. Therefore, in Eleven's view, as long as Bitcoin does not fall, whether it fluctuates or rises, counterfeit coins will definitely follow suit. Therefore, in this market, Eleven has always told everyone to pay attention to ambushing spot counterfeit coins.
So in the end, in terms of both the military and air forces, the 11th believes that the power of the air force is still more than that of the military. The 11th predicts that if it falls back to 36300, it will completely report most of the people who have opened up the market. This means that the market may fall, so the banker has adopted a selling strategy. If it rises to around 37900, it will completely report most of the bearers. On November 11th, many of the bearers closed their positions yesterday, indicating that the market may rise. Therefore, on November 11th, the air force is still stronger than the bearers if Bitcoin is used. Therefore, a buying strategy was adopted. This operational strategy is only based on market trends and predictions.
The above analysis only represents personal opinions and does not represent any investment suggestions.
If you have any questions, you can ask me directly. As long as you know it on November 11th, you will definitely know everything!
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