Days Analysis 14

Market Analysis of November 27, 2019

The marketcap has been moving down (-1.02%) since yesterday. The total capitalization is 194 623 308 343 USD.

Bitcoin totals 128 343 819 149 USD of capitalization for a dominance of 66.20%. Ethereum’s marketcap is 16 015 745 529 USD, followed by Ripple with  9 525 447 368 USD.

Market Sentiment

HOW TO READ THE MARKET SENTIMENT ?

Bitcoin Analysis

The Bitcoin has closed up but comes back to test the 6800$ zone. In the absence of a rebound we can expect a 6500$ test. In case of a rebound we can expect a 7400$ test again.

The daily technical situation is rather negative despite a WaveTrends that is increasing.

Over a time horizon of 4 hours, the technical situation remains rather negative.

 

What to do about it?

Wait to see if the $6,800 level will serve as resistance before positioning yourself.

  • The supports of the day are at 6500$ – 6200$
  • The resistances of the day are at 7400$ — 8000$

Ethereum Analysis

ETH closed up but is already coming back to test the $140. If the level holds well, we can expect a return of $152.
The daily technical situation is rather negative with signs of recovery. The WaveTrends has just crossed over to the rise. Over a time horizon of 4 hours, the technical situation remains rather negative.

The supports and resistors do not change for the moment.

  • The supports of the day are at 144$ — 133$
  • The resistances of the day are at 152$ — 163$

Conclusion

Wait for a rebound for BTC and ETH 

You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.


Butler Bot


VIP Plans


Dashboard

Subscribe to our newsletter and receive 10 Free Crypto Tutorials over 10 weeks!

Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy.