Date: November 11, 2024
The rise of Bitcoin has confirmed a breakout, and we can also pay attention to trading opportunities in altcoins.
Daily Level: Yesterday, the daily chart closed with a medium bullish candle at 8 AM today, with the closing price reaching a historical high. The breakout of the '1+3' model has been officially confirmed, indicating that the upward trend will continue. The support level is at the previous reference price's highest point (around 73650). At this point, we can start to pay attention to trading opportunities in altcoins. For currencies that show a 'dark horse emerging' or a bottom '1+3' model, when they fall back to the target accumulation range of the model, we can look for opportunities to increase positions.
Summary
Currency: BTC
Date: November 11, 2024
Technical Analysis: Indicator: '1+3' Model Conclusion: Breakout continuation confirmed Support Level: Around 73650