12.15: Weekend market overview:
The downturn of the SOL main chain also caused the continuous decline of MEME on the chain. The most violent callback was WIF; WIF directly callback from this wave 4 to 2.57, a deep callback of 63%, and is about to reach the gold 618 position; if you connect at the high position on the right, it will be a bit uncomfortable. The fluctuations are too large for ordinary people to accept, but the bull market is like this
The callback is the best opportunity to get on the spot. Last time I entered the first position at 3.008 and added to the position at 2.5, but now it is still at 2.7. If there is no unexpected accident, it should be a great opportunity to add to the position around 2.5 in the evening; this round of big cakes at high levels sideways sucking blood from the cottage, MEME was the most implicated, but after Trump won, MEME was the first to lead the wealth creation effect, so the callback is the best time to enter the spot warehouse, and then continue to wait for the next round of MEME to start; spot enters the first position at the market price, and adds 2.5
4H stands at 2.7, 4H can be seen as a standard bat, and the final D point is 3.846, D point open short, defense 4.02, T1 target 3.357, T2 target 3.054, the profit and loss ratio is still very ideal, reaching about 1:1.5 and 1:5
If the D point is extended to 4.9, it can be seen as a crab pattern, which is just a target; combined with the two pattern analysis, WIF is definitely bullish, so the current callback is a great opportunity for us to cover our positions. If we miss it, we may not have another chance
The above information is only for market analysis and is not used as a trading reference; Follow me and I will not get lost. I will give you the latest information and point analysis every day, as well as the wealth code you want. Remember to follow and like it!