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Intraday trend analysis on November 20
- Daily level: Although a new lower low has appeared recently, the decline is not deep, and it ultimately formed a longer lower shadow, indicating strong buying support below. Therefore, one can consider positioning long orders near the recent lower low at the daily level.
- 1-hour level: The rebound during the night was significant, and the current upward wave at the 1-hour level has basically completed. A small-level pullback is expected next, targeting the area near the white line. As long as the pullback does not break below the white line, the small-level bullish trend will continue, with the possibility of further upward movement; if the key level is broken, it will indicate a weakening of the bullish trend and may lead to further declines.
- Key levels for Bitcoin today: Pay close attention to the 91140 position. If it pulls back without breaking this level, the small-scale bullish trend will continue, with resistance levels at 93800, 95170, and 96590; if it breaks below 91140, a pullback may occur on the 1-2 hour scale, with support levels at 90000, 88580, and 87765.
Ethereum
Key levels for today: Pay close attention to the 3010 level. If it does not break on a pullback, the small-scale bullish trend will continue. The upper resistance levels are 3058, 3113, and 3168 in order; if it breaks below 3010, a pullback may begin in the 1-2 hour timeframe, with support levels at 2975, 2940, and 2902.
SOL
Key levels for today: pay close attention to the 139 level. If it bounces back without breaking, the small-scale bullish trend will continue, with resistance levels at 144, 148, and 152. If it breaks below 139, a pullback may start in the 1-2 hour timeframe, with support levels at 135, 132, and 128. #逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察