Hello everyone, I am your cat. I finished the live broadcast early last night, but I stayed up too late to play with the code, so I got up late. However, there is no market on the weekend, so it won’t delay anything to slack off for a while. The National Day holiday is almost over, where did everyone go to play?
Written in front:
1. Try not to place orders halfway up the mountain, because both long and short positions may be wrong at this time.
2. It is better to wait for the market to become clear before making a decision than to take that 1% to 2%.
3. 99% of the time, you only need 1% more patience than 90% of people, and you can earn their money.
4. Regretting something that has already happened cannot change the outcome. Instead of dwelling on the past, it is better to look forward to the future.
5. Don’t review the market with a “God’s eye”. You may have known this or that earlier, but there are not so many things you could have known earlier. If you want to guess the top, bottom, or trend, you will have to bear the losses caused by your guesses. Every extra bite has a price.
Emm, let's continue to look at the market, first look at $BTC
At the 4-hour level, we noticed that the price was still very obviously suppressed by the middle line. The price of the middle line continued to decline after touching the line but failed to break through. The price of the upper edge of the descending box dropped to 623, and the price of the middle line was 624. There was no obvious drop in the bottom. Here we can pay attention to 617. If it falls below 617 and rebounds no more than 620, this is the first signal of the continuation of the callback. If the big positive line breaks through 624 and can maintain 2 4-hour periods without breaking, then it is a signal of long continuation. Here we notice the shape of the Kent channel, which is lowered at the top and raised at the bottom, indicating that there is an obvious divergence between long and short positions in the market, so the channel shape appears in a large "convergent triangle" shape. However, if it continues to be suppressed by the middle line and fails to go up after touching the top for many times, the probability of re-bottoming will be higher than a direct breakthrough.
On the daily chart, we can see that the trend line is more obviously suppressed, which is very, very obvious. The trend line is still falling by about 70 points every day. On the daily chart, there is no volume, both long and short, and the volume is very small. The fact that the bulls can maintain the bottom price does not mean that the bulls will not be able to break through. Here we should pay more attention to the situation after the opening of the US stock market. If the Nasdaq does not fall, we still have the possibility of breaking through. If it falls, then there is a high probability that we will continue to pull back. This section has become a 4-hour level rebound in the daily line pullback. After all, the rebound has not been able to complete a daily level "Yang Bao Yin" so far, so we still need to pay more attention to the operation of prices.
Continue to read $$ETH
The trend of Ethereum in the past few days is probably very painful for both long and short sides. It can't go up. It can't go down. It is sideways here. It should be noted that this sideways state is not a fund-raising. There is simply no volume here, whether it is buying or selling, there is no volume. That's why it has formed this pattern. In late May, the four giants had this pattern for nearly a week, and then they reached the top and started a big correction (6.7). No one knows whether it will be the same this time. So we still need to pay more attention to it, and take breaking 2391 and being suppressed by 2413 as a signal of the continuation of the correction.
It is more obvious on the daily chart, with no volume at all. In this case, except for the fortune teller who can tell you whether it will rise or fall, it is estimated that there is no way to infer whether it will rise or fall. At the daily level, a big positive line breaking through 2450 to achieve a positive cover will confirm the resumption of the long position, and a drop below 2352 and being suppressed by 2361 will confirm the continuation of the daily level correction.
Then look at $SOL
sol4-hour level judgment is better. If it breaks through 144 and falls back, it will resume long. If it falls below 142 and is suppressed by 142, the callback will continue. Before that, it is a narrow-band oscillation, which can also be understood as a garbage market.
At the daily level, it is still obvious that it is suppressed by the daily middle track, and it has not been able to break through for 3 days. This 4-hour level middle track and the daily middle track both have a "self-suppressing" effect. If there is no big positive line/big negative line, it is actually very difficult to break through or fall below. So just keep an eye on this 144.5. If it comes close and there is no big positive line, go short here with a stop loss of 145.5. If it breaks through, then wait for it to step back. If it does not break 144.5, go long at this price with a stop loss of 143.5. In extreme cases, you may be slapped in the face by both sides. This is why I have always been against placing orders near the middle track. This kind of order is not fun and is more difficult to place than orders halfway up the mountain in a clear market.
Finally, let’s take a look at BNB
At the 4-hour level, we can see that the price has been running along the middle line. If the price fails to break through the middle line for many times, the probability of a gate is relatively high. The normal left side order is to enter the short position at the middle line price of 564.5, with a stop loss of 568-571. Here, the signal to judge the continuation of the callback is to break through 560 and the rebound is suppressed by 560.
The daily line is more obvious. We need to pay attention to whether BNB can break through 567 and stand firm, and achieve the daily level of "Yang Envelope Yin" to confirm the resumption of long positions. It can be confirmed by falling below 557 again and being suppressed by 557 to continue the daily level correction. Before it happens, it is better to wait than to enter the order blindly.