Analysis of BTC and Ether on the evening of November 19
BTC's morning pullback wasn't strong enough, after a brief dip it quickly rebounded, with repeated bottom shadows appearing above the middle band, highlighting the solid support of the middle band. The Bollinger Bands are narrowing upward, indicating that the market needs to consolidate in a range for a while before the subsequent rebound can continue.
Tip:
BTC retraces to around 89500 - 91000 to buy, target looking at 93000 - 96000;
Two cakes: Buy around 3000 - 3050, targeting 3150-3200.
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