FLOKI has broken through the descending channel line and is currently stepping back to confirm the support of the 17055-17850 range. It is expected to continue to rise after the retracement, with the first target at the 25122-25990 range. The subsequent strategy will be formulated in combination with the BTC trend and the meme sector.
WIF has broken through the descending channel line and stepped back to the 3.07-3.23 range to confirm the support strength. It is expected that there is a high probability of support in this area. The subsequent bullish trend continues, with the first target at the 4.2-4.58 range.
DOGE has been strong in the past three days. Due to the support of Tesla's payment methods, it is expected that the demand for DOGE will be even stronger in the future. Technically, it has reached the trend line of the descending channel and is trying to break through. After the first breakout, it fell back slightly. It is expected to break through successfully. After breaking through, the retracement is a buying point. Wait for the breakout and retracement to buy.
BOME has broken through the chip demand range and is currently testing the pressure of the 0.011444-0.012478 range. It is likely to break through this position and reach the 0.013270-0.013755 range in the short term. After that, it needs to step back to confirm before it can rise better. The range is shown in the figure. Keep a close eye on it. There is a lot of room above and the profit and loss ratio is relatively good.
BONK slightly pulled back and tested the pressure range of 2792-2950. It is expected to slightly pull back to the second channel line 2547-2629 range to see the support strength. Continuing the previous view, there is a high probability of breaking through the 2792-2950 pressure range after the pullback, and it is expected to rise to the 3852-4025 range. Keep a close eye!
PEPE continues to be strong. It has broken through the first small pressure range of 780-800 and continues to be bullish. It has now reached the second small pressure range of 880-900, and pays close attention to market feedback. It is expected that the first breakthrough will fail at this position, but the second will succeed. After breaking through 880-900, it will test the previous high, and decide whether to reduce the position based on the trend of BTC. Remember, only after breaking through 1000 and standing firm, will you increase your position when it falls back, and you must also consider the market situation at the time. Continue to maintain long positions and wait for the test of the 1000-1050 range.
ETH weekly line verified the support range of 2900-3100. The key this week is to see whether it can break through the 3230-3280 range and stand firm. The daily level is close to the 3230-3280 range, and it is expected that there will be a demand for a retracement to the support range. Strategically, continue to maintain the existing position until the above pressure range is broken and the trend is stronger than $BTC , then reduce the BTC position and increase the ETH position.
The weekly line closed with a small positive line with a long lower shadow, verifying the previous view. This round of adjustment is basically over, and a new wave of rise has begun. The daily level is close to the band pressure range of 64500-65500, and it is expected to step back. The support level of the step back is in the range of 60500-61688. If the market is strong enough, it may not reach this position. If it reaches this position, it is a very good profit and loss ratio position. Continue to hold long orders and wait for BTC to break through the pressure of 65500 and stand firm.
JL has always been a front-line cannon. Controlling the retracement is the way for traders to survive. I wish you all a smooth transaction!
BTC has confirmed the upward trend. Looking at the closing line of the weekly line tomorrow, it is likely to be a positive line with a long lower shadow, and the subsequent trend will continue to rise!
WIF's trend is quite normal. It is currently in the big cycle triangle and is trying to break through the descending line. From the outline, it needs to fall back to the lower demand area to confirm support. The possible trend is shown in the figure. There is a large space above, so keep a close eye on it in the short term.
BONK performs well in the Meme sector, so keep an eye on it. Technically, the big cycle is still in a big box oscillation, and the small cycle has broken through the second downward trend line, so it is judged to be an upward trend. It is currently in the third wave of the rise. The possible trend is shown in the figure, and the short-term target is the previous high. Keep a close eye on it.
DOGE follows the market to rise, and the trend is quite normal, not strong, nor weak. It is still in the lower part of the large cycle box. As mentioned yesterday, the lower edge of the box is a very good position for opening a long profit and loss ratio. It is still on the left side, waiting to break through the descending channel line and then enter the right side for operation. Keep an eye on it.