📕What is a neckline, effective breakout, effective breakdown
If you don't understand, you can ask me in the comments $BTC $ETH

$FTT Daily support is no longer secure, hold your hands and don’t make a move🙅

$ETH Concubine 🏁 The daily level has broken out of a double bottom and surpassed the neck line, encountering channel resistance at the close. Support is around 3500 and 3458, waiting for a pullback confirmation; if it does not break, it will continue to rise.

🏁 On the intraday 4-hour level, it has broken through the neck line of the multiple bottoms in Zone C, and has surpassed the important resistance level of 3555, returning to the 4-hour channel. Support is around 3566, 3510, and 3475; this also follows the strategy of buying on dips. If it remains stable above 3623, the next important resistance level is around 3765-3780.

The weekend is a low output, trying to slack off 🤪

$BTC Calcium supplementation is back 🤓

Quickly switch back to the market – Bitcoin, as mentioned before 🏁 The daily line closing only breaks and holds above 99430 here, then it's a reversal; otherwise, it's just a rebound.
From a structural perspective, there is a head and shoulders pattern, with the right shoulder not surpassing the left shoulder, trending downwards.
From a candlestick pattern perspective, the upward momentum is weakening. The daily level support is around 97000, 95500, 94600, and 93000, with the final defense still around 92000. If we just say if, a valid drop below here confirms the head and shoulders pattern, and we can basically see a Bitcoin starting with 8.

🏁 On the intraday 4-hour level, there was a previous indication of forming a head and shoulders bottom structure, which is now nearly at shoulder level. The support below is around 97600, 97300, and 96300; as long as these positions do not break, the intraday strategy remains to buy on dips.

Key focus 📍96300, breaking this level establishes a higher three, which will move downwards. If it doesn't break the left shoulder range of 93500-92900, the direction continues upwards; we'll just have to see as we go along.

$DOGE The sun ☀️ is very good, taking the dog out for a walk～
The dog 🐶 has reached the daily resistance level, take some profits, buy back when it goes down, back and forth trading 🤭 the big pancake is the same $BTC

$ETH Although 3555 is a big resistance level, according to my trading strategy, I will not hang short on the left side here. The daily line has broken through the neckline at 3497, and there is no stagflation signal in the 4-hour or even 15-minute chart.
Daily nagging🤪The most frightening thing about trading is that you have to cut and want both. Developing good trading habits is much more important than occasionally betting right a few times. I am talking about my past blood and tears🫣

Always respect the market. There is no 100% right or wrong in any technical analysis. At least half of the stop loss should be placed near the previous low of 1.465 (the same applies to other positions). If the position is broken, continue to wait for the next few supports to confirm the stop loss signal and make up for the lost part. If it breaks through 1.539, continue to hold it and slowly raise the stop loss price. After breaking through the key position, protecting the principal is always the first priority. Don't be afraid of missing out. There are too many opportunities in the currency circle. $THE
I really don't bother to pay attention to those who say that technology is useless, but I can't control my mouth and reply politely. If you think it is useless, you can continue to be emotional and trade in your own way. I don't know what the point of you coming here to throw nonsense is🤪

The $FTT line was drawn a few days ago. Because it did not break through the middle track of the 4-hour channel, it has been observed. It has now fallen below the lower track of the channel. Below is an important support of the daily line. The downward momentum at the 4-hour level is weakening. Wait steadily for the daily closing confirmation tomorrow morning⌛️

They played the $DOGE game of three bottoms. If they break through and fall back but don’t break, they will take off.

$ACT Draw the line, and then just wait patiently😜

$THE The head and shoulders top drawn on the last day of last year, the pressure level is perfectly reached, wait patiently⌛️Is this trend support line also reached? As long as the closing line here does not break, the spot first position can be involved? What if it falls below? If it falls below, then continue to wait for the horizontal support below~
Understand the structure, no worries about food and drink🤓

$BTC The daily line of the big cake has a three-samurai rising pattern. It reached the weekly pressure level last night and closed below the middle track of the 4-hour channel. These lines have been drawn before and have not changed. In the 4-hour period, it broke through the neckline and moved upward. The bottom is ready, and it needs to be stepped back twice to confirm. In terms of operation, it is still mainly buying on dips.

✍🏽 The support below the 4-hour level is around 96500, 95850, and 95400. The daily support is around 94800 and 92800. The key resistance above is 99450. If it stands firm, it will reverse.

$ETH The daily level of the concubine reached the highest pressure level of the high 1 level last night. The bottom structure of the 4-hour level is also ready to break through the neckline. The operation idea is also mainly buying on dips. The support below the 4-hour level is around 3440, 3390, and 3360. The daily support is around 3405 and 3333. The key resistance level is 3555, and if it stabilizes, it will reverse.

$BTC The pancake has broken through 95400 intraday, and a triple bottom has formed at the 4-hour level. It is advisable not to short. The previous three candlesticks have shown increased volume in an upward trend, but it is encountering neckline and channel pressure here, which will slow down the upward momentum. As long as it does not break the two levels of 95450 and 94450 on a pullback, it will gather strength and continue to rise. Going with the trend is also a trading principle. If tomorrow's daily closing does not break around 94800, the direction will still be upward.
$ETH The auntie's daily line has reached the high 1 level resistance, with 3534-3555 being a key resistance level. If it pulls back without breaking the two levels of 3428 and 3406, the strategy is still to buy on dips.

$BTC Review the daily rise that started in March 24th year📈, after completing the top structure and then the bottom structure, it began to climb and break through the historical high. Compared with the current market trend, before the bottom structure comes out, is everything possible🤔

$ETH Trading is about facing difficulties and overcoming them 🧐

Currently, the 4-hour level has stabilized at 3357. If it stabilizes again at 3428, it will push towards the 3500 level. If it cannot hold, it will retract below 3388, and we will continue to choose a direction within the blue triangular zone.

From a daily perspective, the oscillation range between the slope of resistance and support at 3405 and the level support at 3335 is getting narrower. If 3335 is not effectively broken, the spot holdings can continue to be held.

Whether it will surge or not is uncertain; we will see if it can hold above the significant resistance at 3555 and then return to the 4-hour channel for further observation.

I see many people shorting again near 3300 in the square 🥹. Do not short above support and do not go long above resistance; this is the iron rule of trading. Wanting to short above support is only valid if it effectively breaks down and fails to rebound, and wanting to go long above resistance is only valid if it effectively breaks through and fails to pull back. If you only engage in left-side trading, you will easily develop a habit of trying to catch the top or the bottom, chasing highs and selling lows.

The second season of "Squid Game" is finished, and the main storyline is simply a real-life reflection of human nature in the cryptocurrency world.
Gamblers, the poorer they are, the more they gamble, seeking instant wealth and shortcuts, believing that the advice from seasoned investors who have experienced the brutal market is just blocking their path to riches.
There are also those who think that as long as they are familiar with the technology and understand the game rules, they can crush the behind-the-scenes manipulators and succeed in turning the tables, only to be brutally crushed in the end.
I can only say that Korean movies are just too good at making films!!

$ETH The mistress has nothing much to say 🤣

On the 4-hour level, it still hasn't broken the important support of 3326, but the current oscillation range is narrowing, choosing a direction between 3356 and 3326. If 3326 breaks effectively, a high three will be established, with resistance above at 3412, 3425, and 3500, and support below at 3268, 3140, and around 3035.
The daily line is still choosing a direction between 3405 and 3335. Only an effective hold above 3555 would indicate a reversal; otherwise, it's just a rebound. The last defense for the bulls is at 3035.

On the first day of the New Year $BTC , the weather is clear, mainly focusing on accompanying parents 🌝 It's quite late, but I'm still habitually sharing the analysis.

🏁 First, let's talk about the monthly chart level. Two weeks ago, there was a reminder that the monthly chart might form a long upper shadow small K-line, closing below the closing price of the large bullish candle. Historical data may not be completely the same, but it can be referenced. In March 2021, a similar pattern occurred, and at that time, the coin price was not as high as it is now, with a nearly 50% drop in the following month. In October 2021, a similar pattern appeared, with a nearly 42% drop the following month.

At the weekly chart level, the recent support is between 90000-90600. If it closes here and breaks down effectively, based on the monthly closing line's 20% drop estimate, reaching around 75000 is not impossible, right?

Of course, this is just one possibility. Those who have experienced a bear market understand that this possibility serves as a reminder for us to always respect the market, to respect the bloodiness and ruthlessness of the market. If you think this is nonsense, then according to your own understanding, feel free to boldly place left-side orders.

🏁 The monthly closing line is not good, and small-level rebounds cannot be ruled out. At the daily chart level, last night it peaked at 96250. Yesterday, it was stated that it must be a medium bullish or large bullish candle stabilizing at 95800 for a decent rebound to occur. Not only did it fail to stabilize, but it also closed below the lower track of the channel. Currently, it is oscillating between 92000 and 95800, still needing to break the upper pressure of 99400 to reverse, with lower support levels around 89000 and 85300.

🏁 At the 4-hour level, the right shoulder and left shoulder are almost aligned, giving a bit of a head and shoulders bottom feeling. If it stabilizes at 95200, it will continue to rise. Breaking 95500 will form a double bottom. The top structure at the 4-hour level has already emerged, so the trend should be dominated by the daily line. Not breaking 99500 is just a rebound, with upper pressure levels around 97200 and 98500, and lower support around 92000 and 90600.

🏁 The weekly chart level's downward momentum is weakening. Pay attention to whether this week's closing forms a signal of three scholars to stop the decline. Stabilizing at 95200, with upper pressure levels at 98000 and 104500, and lower support around 90000-90600 and 81800-80600.

Just when I wanted to say $THE , it went up
The 4-hour level is forming a head and shoulders pattern, with the right shoulder position around 1.64. It must break through and hold above to continue upward; otherwise, it will come down (in terms of the pattern, you can refer to the left shoulder, and the pressure level has formed two doji candles before heading down) to around 1.48-1.4. It shouldn't break here; spot trading can be considered.
Combining with the daily level, the support level is 1.452; the closing line must not break this level, or it will continue downward.
This is it for this year; I'm going out to have fun. Wishing everyone a happy new year in advance, peace and joy 💜🖤🤍