The rise of the red line is currently a three-stage structure. It needs to be maintained above 57353 to be considered as the fifth stage of the rise. If it breaks below the new high, it will be invalid. The high point of 58519 is still a little bit away from 58912, which confirmed 55606 as the bottom yesterday. At present, it is very likely to be a driving wave from 55606. Let's observe whether it can break upward today. The large-scale pattern is still the two types mentioned yesterday, triangle or platform#BTC#ETH
The rise of the red line part is not enough. It is currently a small-level consolidation. After the consolidation, it will continue to rise. The first target is 66363, and the second target is 68448#BTC#ETH🔥🔥🔥🔥
The red line is a guiding pattern or a three-tooth structure, and the probability of guidance is relatively high. 1. The red line is a guiding pattern, and a retracement is made here. The retracement area is 59627-58272, and then the red line gains will continue. The high point will inevitably break through 66363. 2. The red line is a three-tooth rebound, which is regarded as the second part of the adjustment, and then the third part is adjusted. After the adjustment, the white line gains will continue. First treat it as the first type and observe the support level below. The first trend usually does not fall below 58272#BTC#ETH🔥🔥🔥🔥
The white line is still adjusting. The yellow line is the first part, the red line is the second part, and the red line is a single sawtooth. Now we are adjusting the third part. After the adjustment, the white line will continue to rise. The whole adjustment structure is a combination, platform or triangle. The white line will definitely rise to 66343. We will see the rise of 12370 later. #
The rise of the red line is the continuation of the white line. Calculated from the highest point, the retracement is no greater than 2498 before the end of red line 1 is not considered. The rise of the red line is usually a three-stage structure. After the retracement is greater than 2498, there is a rise of red line 3. The rise from 49000 is a double sawtooth structure, which is regarded as a rebound from 73777 to 49000. The minimum target is 66343, the white line rises by 13745, and the entire red line has a minimum amplitude of 12370#BTC#ETH🔥🔥🔥🔥
Today's rebound is greater than 2136. The bottom of the yellow line is likely to have appeared. After the yellow line ends, the white line will continue to rise. The white line is a rebound of 73777-49000, at least 66343 #BTC☀️ #ETH🔥🔥🔥🔥
The orange line is the adjustment wave for the white line. After the adjustment, the white line continues to rise. There is no driving wave since 49000. It cannot be defined as a new rise for the time being. It is a rebound of a relatively large level. The rebound target is at least 66343. The white line is the first part of the rebound, and the orange line is the second part. After the orange line ends, it is the third part of the rebound. The support below is 57503-54256 area #BTC☀ #ETH🔥🔥🔥🔥
The rise of the orange line has ended. If it starts from 49000, there should be a driving wave on the orange line. The driving wave is not seen in the orange line at present. It may be a rebound from 73777-49000. The rebound target should be at least 66343. The rebound from 49000 may only go through the first part. Now adjust the orange line. After the adjustment, continue the orange line rise. The support below is 57503-54256 area#BTC#ETH🔥🔥🔥🔥
The rebound is greater than 3358, and 49000 is a possible bottom. There are currently two possibilities here. 1. The green line part is a joint pattern. From 49000, an upward driving wave needs to be developed and the white line increase will continue. The driving wave has not yet been seen. 2. Green line 5 is the C wave. The decline of the C wave may not have ended. This is just a rebound in the decline. Both possibilities mean that the adjustment is about to end, and after the end, the white line increase will continue.
Today's decline ruled out many previous possibilities. The green line is a consolidation for the white line. The green line is a horizontal consolidation. Green line 5 is the C of the platform or the combined Z. No matter which one goes on, it indicates that green line 5 is the last part of the adjustment. After a rebound greater than 3358 appears, speculate on the bottom. Don't consider it before it appears. Don't be in a hurry to buy the bottom. Wait for the right side. After a rebound greater than 3358 appears, give support. The large-level support below is 51506 #BTC #ETH🔥🔥🔥🔥
The red line is a three-zigzag pattern. A rebound greater than 3358 is needed to prove the bottom. Yesterday's rebound was too weak. It broke the support level directly after touching the high point. The large-scale support level below is 59824#BTC#ETH🔥🔥🔥🔥
The red line part of the decline is a double sawtooth structure. At present, the double sawtooth has been completed. If the general trend follows the first trend, 62302 may be the bottom. Assuming 62302 is the bottom, then it cannot effectively fall below 63584 (it can be pierced by a pin). The second requirement for the bottom is that the rebound needs to break through 67746#BTC#ETH
The market has retreated more than 5018 from the highest point, which completely negates the yellow line as the first part of the rise. At present, there are only two other possibilities left on the market. Find the end point of the adjustment. The retracement may be deeper. The support below is 61782-59824 area 1. The orange line is a complete push wave. After the orange line is the diffuse adjustment wave, the blue line is the first part of the adjustment, and the yellow line is the second part. Now the third part of the adjustment is being carried out. It usually returns to around 63456 or falls below, and then looks for support and continues the orange line increase 2. The blue line is the fourth part of the orange line, and the yellow line is the fifth part. This possible retracement needs to be greater than 5018, usually going to the 63320-59565 area, and then continuing the orange line increase Wait for the decline to go on for two days before giving the conditions to judge the bottom. Don't rush for the time being#BTC#ETH
Today's market is similar to yesterday's market, with little change. The observation point is still at 65061. If it falls below, the yellow line will be denied as the first part of the rise. Although it has not fallen below at present, the probability is very low. The other two trends are still within the observation range. 1. The orange line is a complete driving wave. After the orange line is a diffuse adjustment wave, the blue line is the first part of the adjustment, and the yellow line is the second part. Now the third part of the adjustment is being carried out. It usually returns to around 63456 or falls below, and then looks for support and continues the orange line increase. 2. The blue line is the fourth part of the orange line, and the yellow line is the fifth part. This possible retracement needs to be greater than 5018, usually going to the 63320-59565 area, and then continuing the orange line increase. #BTC #ETH🔥🔥🔥🔥