You can buy long around 56,000 to 58,000 USDT if the price falls

2021년 11월 16일

15-minute Trend
MA5 and MA10 indicate a small golden cross;
Bollinger Bands are narrowing;
KDJ and RSI are both flat;

Day Trend
MA5 is moving downward and has crossed the MA10, but it has not crossed the MA30 yet;
Bollinger Bands are narrowing;
MACD runs below the zero axis;

Market Data
The long/short ratio of BTC Futures is 0.85:100;
Six out of the top ten addresses have inflows and four of them have outflows;
Fear & Greed Index is at 71, indicating greed;

Analysis
The exact trend has not yet been determined;
The trend may be determined tonight if the market develops faster;
At present, the price is fluctuating and waiting for a clear trend;
Currently, the support is at 60,000 USDT, but there are too many investors are buying the dip around this price;
You can buy long around 56,000 to 58,000 USDT if the price falls under 60,000 USDT.