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Analysis of BTC/ETH thoughts on the morning of 11.19
15-minute line analysis shows that the lower band of the Bollinger Bands is trending downwards, the MACD indicator continues to hover in the red column, and the KDJ is struggling to form a golden cross.
The hourly level has not broken through the upper limit, and the bullish strength is weakening, showing a downward trend. The MACD indicator's green bars are diminishing, and the bearish strength is gaining the upper hand, with KDJ forming a death cross.
ETH follows the downward trend of BTC, it is recommended to focus on short positions.
BTC: Short around 92700-93200, target down to 8800
ETH: Short near 3120-3130, target looking down at 3000