November 12, 2024 08:00-12:00
Hello brothers and sisters, here is a work report:
The altcoin season has started, the altcoin season has started, the altcoin season has started,
This week's structural orders have been sent out, please refer to the article content for operations.
The overall market structure is complete, and spot trading should take profits at the take-profit positions.
Monitoring Binance's 330 altcoins for entry signal alerts:
Last entry signals: 6, current entry signals: 32
Market entry signals are recovering in small amounts, altcoins are still making up for gains.
Overall market summary: Divergence upward
4-hour price continues to rise, there is selling pressure at 90,000, selling pressure at 95,000, daily and weekly supports are valid, and a pullback after the rise is imminent.
Market weekly structure: Weekly structure appears, remains complete
Market monthly structure: Monthly structure appears, remains complete
Ethereum overall summary: Breaking through weekly resistance, maintaining upward movement
4-hour price breaks through daily and weekly resistance levels, washing away a long-standing weak attitude,
The structure shows selling pressure at 3,400, selling pressure at 4,000, effective selling pressure above, a breakthrough at 3,500 may initiate a second rise.
Ethereum weekly structure: Weekly structure complete
Ethereum monthly structure: Brewing monthly structure
Overall structure of altcoins:
Monitoring range: 330 altcoins on Binance
Comparison of yesterday's and today's structures:
Weekly structure: 273/280 Slight increase in quantity
Monthly structure: 78/106 Quantity has doubled
Weekly-monthly structure: 69/109 Quantity has doubled
Judgment range for the start of altcoin season:
Monthly structure greater than 150, or weekly-monthly structure greater than 100.
Summary of altcoins: The altcoin season has started! Hold onto your spot, take profits at the first take-profit position, and wait for the remaining take-profit position.
In terms of operations: This week's structural orders have been sent, hold on and don't fear the market fluctuations.
The overall market structure is complete, and spot trading should take profits at the take-profit positions.
Trading logic: When the structure appears, enter fully with multiple currencies; when the structure disappears, exit gradually; if there is no structure, stay in cash.
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Diligence sharpens skills, neglect leads to ruin; thought leads to action, carelessness leads to destruction. Let's encourage each other 🙏
Note ⚠️ All orders shared are personal experiences and should not be considered as investment advice. Trading carries risks; please be cautious when entering.