$BTC 🏁Let's get straight to the point, the large pancake is moving a bit subtly on the 4-hour level, we cannot just be bearish. In the morning, the daily line closed: it has returned above point B at 96600, and the pattern shows a three scholar stop-loss signal, along with a long lower shadow. As long as the close does not fall below the left-side medium bearish close price of 97500, the direction will continue upwards. 4-hour level: Although it did not break above the left-side large bearish close price, it has a bit of a head and shoulders bottom pattern. Currently, it is oscillating in the 97100-97800 range choosing a direction; only a close below 97100 can be shorted, 📍 and a 1000-point stop loss must be set 📍. Then, in the 4-hour chart structure, although it has broken below the pink range slope support, the horizontal point A has not been broken. According to the channel lower bound outlined by the head and shoulders pattern, it has not been breached, and it quickly returned above point B last night. The 15-minute chart also shows a bit of a head and shoulders bottom; only breaking below the left shoulder will lead downwards.
🏁Therefore, we need to closely monitor the closing situation of the weekly line on Monday morning, the key point at the 97300-96800 range. If it closes above, combined with the daily and 4-hour levels, it would signal a phase bottom, and the direction is still upward. The bears must operate cautiously. If it falls below, then the next support will adjust to the 92600-90700 range. Just a word, we can't be precise with the levels, as the market is too volatile now, there may be a 500-1000 point difference. When it reaches above the 4-hour level support, you can switch to the 15-minute chart to observe the details. The method is written in the pinned article; like last night, when it suddenly v-reversed, you can only rely on your courage. If the position is not good, then if you miss it, you miss it. There will always be opportunities in the crypto world. Today's chart is a bit more detailed; this time point is very critical. I used to be bearish even when it dropped and got stuck at the bottom several times 🥹
I was walking my dog downstairs at that time, and I missed thousands of points🤣🤣 97800 is almost there, and if the 4-hour level closes and does not break, it will fluctuate widely, and my aunt is already there. $BTC $ETH
$BTC Big Pie 96500, the midline of the weekly channel and the support at point B on the daily line are in place, short positions can be reduced. Just posted as soon as it was in place, why is the quote forwarding always a bit slow! It jumped a few hundred points all of a sudden, which is a hassle! Pay attention to the daily closing situation tomorrow morning, at the position of 94300, which was the breakout point of the major trend pressure at that time, where support and resistance swapped.
This is a smokeless US-Asia financial war. Fortunately, I was reminded to reduce long positions last night, and the weekly support was given in advance. The first support level is in place. 🏁The daily level has now fallen below the red line slope rising trend line. Pay attention to whether it is recovered at 8 o'clock in the morning, that is, a large negative line + a small K line with a long lower shadow + a high volume column + closing above the red support level. It will rise only if these four conditions are met. You can review the patterns of points A and B. If the red line slope falls, even if there is a rebound, the 4-hour level will continue to fall as long as it does not effectively break through 98200📉 (the 4-hour rising trend has been broken). If you want to be lazy and place an order, the two positions of big cake 90700 and concubine 3030 are; before they are in place, take one step at a time and don't blindly buy the bottom.
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19 Dec
The 20-point closing line of the big cake did not break through 102800, and the 15-minute chart effectively fell below the neckline of 102200. Long orders can be reduced. The concubine is even weaker, and the 4-hour level has gone three scholars
The 20-point closing line of the big cake did not break through 102800, and the 15-minute chart effectively fell below the neckline of 102200. Long orders can be reduced. The concubine is even weaker, and the 4-hour level has gone three scholars
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莫立夏
19 Dec
In the current market situation of $BTC , when trading, don't focus on smaller time frames. It’s best to determine the direction on the daily chart and look for entry points on the 4-hour chart. 🏁 On the daily chart, the day before yesterday already indicated a closing with three scholars + high volume bar + closing below the resistance level, which is a stagnation signal (can also be seen as a medium bearish candle + long upper shadow). A large bearish candle directly broke below the previous high platform, and high 3 has been established. Currently, it will oscillate in the range of 101100-99200 to choose the direction. Observe the patterns of the previous points A and B. A long bearish candle + long lower shadow small candlestick + closing above the support level indicates a stop-loss signal. Support and resistance are as shown in the picture below 👇🏾 Trading is simply about simplicity. Indicators have lagging characteristics; the candlestick volume price is the most immediate reflection of market supply and demand. The weekly chart also gives a big direction first (as shown). Connecting this is a large profit. If there is no major market movement afterwards, I won't share frequently, but will focus on my own trades, after all, writing takes time, and in just a few minutes I missed 🙈 a hundred points 🤪
In the current market situation of $BTC , when trading, don't focus on smaller time frames. It’s best to determine the direction on the daily chart and look for entry points on the 4-hour chart. 🏁 On the daily chart, the day before yesterday already indicated a closing with three scholars + high volume bar + closing below the resistance level, which is a stagnation signal (can also be seen as a medium bearish candle + long upper shadow). A large bearish candle directly broke below the previous high platform, and high 3 has been established. Currently, it will oscillate in the range of 101100-99200 to choose the direction. Observe the patterns of the previous points A and B. A long bearish candle + long lower shadow small candlestick + closing above the support level indicates a stop-loss signal. Support and resistance are as shown in the picture below 👇🏾 Trading is simply about simplicity. Indicators have lagging characteristics; the candlestick volume price is the most immediate reflection of market supply and demand. The weekly chart also gives a big direction first (as shown). Connecting this is a large profit. If there is no major market movement afterwards, I won't share frequently, but will focus on my own trades, after all, writing takes time, and in just a few minutes I missed 🙈 a hundred points 🤪
$ETH Long Yin plus long lower shadow, closed above the support level, if the closing volume at 20 o'clock in the evening is determined to be a high volume column, and the support is not broken, it will rise 📈 (support pressure as shown in the figure). The exchange rate has broken the neckline in the 15-minute chart, and the weekly line of the 4-hour chart has broken through 0.03718, which is more certain to rise 📈. The upper pressure level of the daily line is 3985 and 4000. If it does not break upward, it will fall. The support level is around 3830. If the closing line falls below, it will go to a high hanging recovery, and the target is 3730, 3690, 3630 (the last defensive position of the daily bulls).
$BTC $BTC Trading is not about taking things at face value. There must be logic in the middle. This way, it is clearer and more intuitive. Pay attention to whether the closing line of the 4-hour chart falls below 103,800. If it does not fall below, there are two trends as shown in the figure. If it falls below, it will go to the next interval, go up and down, and then break the neckline with an M head, and the downward force will be greater.
The pancake is also as expected 👇🏾 Just go back to the trading logic and points.
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17 Dec
If it does not fall below 106300 by 8 PM, it will continue to rise, and 108200 will arrive as expected👇🏾 On the 4-hour level, it still hasn't fallen below 106300, and there might be a chance to reach 108800 during the night. Pay attention to whether tomorrow morning's daily line will show a high volume bar corresponding to the stagnation signal of the three scholars.
Secondary level of 4 hours, the closing price has fallen below 3942, the exchange rate has also fallen below, forming a high hanging reversal, high 4 is established, with upper resistance levels at 3960 and 3986 (which are also daily level resistance), if the rebound does not break, it will continue to decline, with lower support levels at 3910, 3880, and 3830 (which are also daily support levels). 3846 is the head and shoulders line for high 3 and high 4. If the closing price cannot hold here, I will provide a few further support levels, 3760, 3630, and 3500 (the latter two can be used for pending orders to receive spot, also daily level C point support). For those trading contracts, please be sure to control your position well. Tomorrow morning's daily closing is quite crucial. If the closing price breaks through 3986, combined with the interest rate decision at 3 a.m. on the 19th, there may be a spike upward, with resistance levels still around 4100, 4150, and 4270. In the cryptocurrency market, there are no absolutes, always respect the market and be prepared for both scenarios.
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17 Dec
$ETH The secondary wife retreated to 3885 yesterday for 4 hours, a few dollars above the expected first support level. Similarly, you can switch to the 15-minute chart to find entry points. Daily level: This morning's closing did not break the left high and the opening price of the large bearish candle, and a long upper shadow was formed. Pay attention to whether tomorrow morning's closing will still not break through, and if the volume forms a high volume bar, there will be a pullback. The support levels below are 3900, 3835, 3690, and 3630 (key neckline). If there is an effective breakthrough, the resistance levels above are 4100, 4150, and 4270. This should be combined with the exchange rate and the closing situation tomorrow morning. 0.03756 is a key level; if it supports the candlestick to form a small doji corresponding to the high volume bar, there will be a wave of increase, with higher resistance levels above. 4-hour level: Only if the closing is below 3974 will it continue to decline. The support levels below are 3942, 3910, and 3850, while the resistance levels above are 4055, 4070, and 4108. This daytime market is too intoxicating; set your alarm clock and do what you need to do, don’t let the Americans harvest the leeks and waste a lot of beautiful youth 🫠
If it does not fall below 106300 by 8 PM, it will continue to rise, and 108200 will arrive as expected👇🏾 On the 4-hour level, it still hasn't fallen below 106300, and there might be a chance to reach 108800 during the night. Pay attention to whether tomorrow morning's daily line will show a high volume bar corresponding to the stagnation signal of the three scholars.
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17 Dec
$BTC The newly introduced caramel coffee ☕️ is not bad~~ The big pancake reached a new high last night, exceeding the 107000 resistance level I provided by a few hundred dollars. This is the needle point slope resistance level on the daily chart. In the absence of any data or major good news, the first time it reaches this level will usually result in a pullback. On the 4-hour chart, it retracted to 103333 last night, which is over 300 away from my first resistance level. At this point, switching to the 15-minute chart to observe the double bottom breakthrough structure can also capture this wave of increase.
Now, we need to pay attention to whether the 4-hour chart can close below 106300. If it breaks below, there will be a high hanging restoration, with support levels at 105500, 105000, and 103800 (which is also the dual support of the daily channel midline). If it breaks below 103800, the support levels below are around 103000, 101500, and 100600. If it is still hovering above 106300 at 8 PM tonight, it may be another late-night scenario of manipulation in the U.S. market, with upward spikes around 108200 and 108800, followed by a downward pullback. Currently, both the 4-hour and daily charts have the potential for a bullish three-wave structure. Tomorrow morning's daily close is crucial; we will see if it closes below 108200, corresponding to the high volume bar indicating a three scholar stagnation signal. 📝 Weekly support can boldly split the position and connect with spot trading, ratio of 235 or 334
$ETH The secondary wife retreated to 3885 yesterday for 4 hours, a few dollars above the expected first support level. Similarly, you can switch to the 15-minute chart to find entry points. Daily level: This morning's closing did not break the left high and the opening price of the large bearish candle, and a long upper shadow was formed. Pay attention to whether tomorrow morning's closing will still not break through, and if the volume forms a high volume bar, there will be a pullback. The support levels below are 3900, 3835, 3690, and 3630 (key neckline). If there is an effective breakthrough, the resistance levels above are 4100, 4150, and 4270. This should be combined with the exchange rate and the closing situation tomorrow morning. 0.03756 is a key level; if it supports the candlestick to form a small doji corresponding to the high volume bar, there will be a wave of increase, with higher resistance levels above. 4-hour level: Only if the closing is below 3974 will it continue to decline. The support levels below are 3942, 3910, and 3850, while the resistance levels above are 4055, 4070, and 4108. This daytime market is too intoxicating; set your alarm clock and do what you need to do, don’t let the Americans harvest the leeks and waste a lot of beautiful youth 🫠
$BTC The newly introduced caramel coffee ☕️ is not bad~~ The big pancake reached a new high last night, exceeding the 107000 resistance level I provided by a few hundred dollars. This is the needle point slope resistance level on the daily chart. In the absence of any data or major good news, the first time it reaches this level will usually result in a pullback. On the 4-hour chart, it retracted to 103333 last night, which is over 300 away from my first resistance level. At this point, switching to the 15-minute chart to observe the double bottom breakthrough structure can also capture this wave of increase.
Now, we need to pay attention to whether the 4-hour chart can close below 106300. If it breaks below, there will be a high hanging restoration, with support levels at 105500, 105000, and 103800 (which is also the dual support of the daily channel midline). If it breaks below 103800, the support levels below are around 103000, 101500, and 100600. If it is still hovering above 106300 at 8 PM tonight, it may be another late-night scenario of manipulation in the U.S. market, with upward spikes around 108200 and 108800, followed by a downward pullback. Currently, both the 4-hour and daily charts have the potential for a bullish three-wave structure. Tomorrow morning's daily close is crucial; we will see if it closes below 108200, corresponding to the high volume bar indicating a three scholar stagnation signal. 📝 Weekly support can boldly split the position and connect with spot trading, ratio of 235 or 334
$ETH Auntie, 4-hour level, the last defensive position of 3832 mentioned yesterday was inserted 4 times but did not break down. After breaking through the 15-minute chart, it also gave 2 opportunities to step back and confirm that it would not break the previous low. The closing line at 16:00 did not break through the left neckline. Pay attention to whether the closing line at 3935 at 20:00 can support it. The upper pressure level is around 4035, 4060, and 4090, and the lower support level is around 3878 and 3832.
The weekly channel pressure level of 4024 hit this morning, I gave this position on the 14th, and the daily line did not pass the left high big Yang line pressure level of 4004. The closing of the daily line tomorrow morning will not pass this position. It will close as a small K line below 3960, and will continue to decline. The lower support level is around 3832, 3700, and 3630 (daily neckline). The position of 3630 is very critical. If it holds here and forms the daily level B point, it will continue to rise. If it breaks through the upper pressure level near 4090, it will reach a new high. It is temporarily seen near 4190. We will see as we go.
The big pancake of $BTC , this morning the weekly line closed below the pressure level of 106000. The daily line broke through the pressure level of 103000, then quickly pulled back to above the closing price of the large bullish candle at the 4-hour level. After this large bullish candle, only one K-line was formed. Normally, a long bullish candle with a long upper shadow closing below the support level is a signal for a downward trend. In terms of volume, a high volume bar was also recorded at 16 points. We can patiently wait for the closing situation of the third K-line at 20:00. If it closes below 104600, it will continue to decline, with support levels around 103000, 101800, and 100600. If the closing effectively breaks through 104600, the upper pressure levels are around 106000 and 107000. This is all referring to the 4-hour level.
From an overall structural perspective, there is a possibility of a high three formation at the 4-hour level. The weekly line also reached the upper boundary of the channel this morning without breaking through. If going long, be sure to set a stop loss, which can be placed near the previous low of 104000.
🗓️ This Thursday, the 19th, at 3 AM there is an interest rate decision. If the daily line support at 101400 does not break, and if there is positive news, it is possible to quickly spike to around 111500. If this breaks effectively, the upper pressure levels are around 121500 and 123000. In case of negative news, the lower support levels are around 98500 and 95000.
At the weekly level, the support levels are around 96600, 91700, and 89900.
$ETH $BTC Daily level as shown below 👇🏾 If the 15-minute chart makes another high without breaking the previous high, or if the M-head triple tops break the neckline, long positions can be reduced, and add back on dips.
$BTC Big pancake focuses on the 4-hour chart closing. If it effectively breaks below 101100, it will first target a high hanging restoration level of 99880. If it holds here, it will then move into a 4-hour range, with resistance levels around 101800 and 102500. If the neckline at 99500 is effectively broken, the high three M-head formation at the 4-hour level will be established, which means the daily line will form a high three. The first target, with a high probability, will be around 96600, which is the C point of the daily line. If it doesn't break down, the short position still can't be too structured; it's not the time for a long short yet.