Market Analysis on November 17th, 2021

Do repost and rate:

BTC one hour level again returned to the end of October 58000–60000 box, if you can maintain the shock near 60000, the overall market is not a problem, can continue to bargain bottom hunting.

Avax just fell to the 4-hour level of important support capital volume to undertake in the case of BTC crash, compared to the market after the 9.7 waterfall, the later trend may be more strong, pay attention to the 60 average support, not below the low can be low, short term, not more than 7 days of the cycle.

Mana has been in adjustment after the early surge. Recently, it made a breakthrough and stepped back along with a big drop. It may start the second wave of market with support level 3–3.05 and stop loss if pressure level 4 falls below 2.8.

Risk Warning

The above analysis is for reference only. Please be cautious when invest as there are risks in the currency market.

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