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Market Analysis for November 15, 2023.

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Post time 17-11-2023 20:54:15 | Show all posts |Read mode
"November 15, 2023

As mentioned earlier, a mid-month pullback. For those who are still on the sidelines, now is the first opportunity to bottom fish in the altcoin spot market. You can enter with 10% of your position, but it might be advisable to observe tonight before making a move. The big coin has just finished consolidating, and the tactics of the market whales are gradually returning to a state of large opening and closing. This is typical at the beginning of a bullish trend, always leaving those who are still skeptical and observing behind.

Technical Analysis:

Daily Chart: I am still more inclined towards the bullish side. At the beginning of a bullish trend, the tactics of the market whales tend to return to a state of large opening and closing. The target is 38,000-39,000.

Four-Hour Chart: After last night's waterfall, there will be a period of consolidation and volatility.

15-Minute Chart: It is not ruled out that there might be another dip to 34,500-34,600.

Action Plan: Go long at 34,500-34,600, and observe before taking further action."
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Post time 17-11-2023 23:16:09 | Show all posts
What kind of market analysis is this? Surprisingly, there is no subject.
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Post time 18-11-2023 05:19:33 | Show all posts
Those involved in cryptocurrency trading can take a look.
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