Market Analysis on November 16th, 2021

ZT
2 min readNov 16, 2021

BTC

BTC to see below 4 hours today an important support level, a lot of people are looking for reasons, especially vallely hit plate’s panic, this is one of the things, for the day is BTC provids upgrades, good plan after landing and the United States passed 1.2 trillion 1.7 trillion funds did not fall to the ground is also triggered by hit one of the reasons, However, the time for fund shipment has not yet arrived. At present, BTC has fallen to the early support once again, and it can continue to buy at low prices if it does not break 60,000 yuan.

BNB

The weekly level immediately fell to the support of the average, and has been saying that every BNB drop is an opportunity.

Win

The TRX ecocoin that Win said yesterday has reached the support that it said yesterday. The point of view remains unchanged, but you can hold it patiently.

ZEN

Looking back at zen, we said the target was 120 before, but it rose to around 116 and fell back, and now it is back to support again. The currency fluctuation is not particularly strong, but it is stable, so we can also consider the dips. The target is still 120, mid November will be favorable.

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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ZT

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