The longest pause in the White House has ended, and the heavy data next week will certainly lead to a market explosion! 11.16 BTC ETH ideas

On the evening of November 12 local time, President Trump signed a temporary funding bill for the federal government, ending the longest government shutdown in U.S. history, which lasted 43 days. After the end of the shutdown, economic data continues to suffer from a state of chaos. On Friday, the U.S. Department of Commerce announced that the revised value of the GDP for the third quarter will be released on November 26 at 21:30, while data on personal income and spending and the PCE index for October will be released on the same day at 23:00. The U.S. Department of Labor stated that the non-farm payrolls report for September will be published next Thursday at 21:30, while the real wage data for September will be released on November 21. However, it is uncertain whether the Consumer Price Index data for October will be issued. Yesterday's buying sentiment once again yielded profits, as BTC rose by more than a thousand points, and ETH increased by nearly a hundred points!
The series of four negative candles on the daily chart for Bitcoin has ended. This morning, Bitcoin and Ethereum closed with a positive candle that has an upper line. The price of the currency is close to the lower limit, while the upper limit is experiencing significant contraction. Additionally, the KDJ and MACD indicators are showing a clear slowdown, indicating that selling pressures are easing. Therefore, it may be worth attempting to place long-term buy orders, although the possibility of a pullback cannot be ruled out after the data is released. However, it is expected that the market will witness institutional entries to buy currencies at low prices, so a contrarian approach to investment should be considered.
11.16 Purchase Idea:
BTC retreats to 94500-95000 to enter a buy trade, cautious traders should enter at 93500-94000, with defense near 92700, target at 96000-96500-97000, if the level is broken we watch 97500-98000-98500, and continue to move the stop loss based on the situation!
Enter a buy when Ethereum retreats between 3070-3110, while cautious traders can enter between 3000-3030, placing a stop loss near 2950, and the target at 3200-3250-3300. If the level is broken, the target will be between 3350-3400. Continue to adjust the stop loss according to the situation!
11.16 Short Selling Idea:
Sell short contracts on BTC at 98000-98500, with a defense around 99000, target at 97000-96500-96000, if broken, look around 95500-95000, continue to break the stop-loss level based on the situation!
Sell one of ETH at 3300-3330, defense near 3360, target 3250-3200, in case of a breakout look at 3150-3100, continue to move with a stop loss according to the situation!
Playing with leverage is most dangerous when clinging to large positions; if your mental strength is not strong, you won't be able to gain anything beyond your knowledge. Profit depends on the market, while loss is in your hands! Small profits and large losses mean you will always remain like grass! #美国结束政府停摆