November 13, 2024 08:00-12:00
Hello siblings, here’s a work report:
Maintain a calm mind, respect trading, respect the market,
The structural orders for this week have been sent out, please refer to the article for operations.
The overall market structure is complete, cash positions should take profits at the stop-loss positions.
Monitoring Binance's 330 altcoin entry signal alerts:
Last entry signals were 32, current entry signals are 95
Market entry signals continue to recover, altcoins are still catching up.
Overall market summary: Divergence rising, high-level consolidation
The 4-hour price continues to surge and pull back, high-level consolidation, 90000 has selling pressure, 91000 has selling pressure, daily and weekly support is effective, continue to look bullish in the medium term.
Weekly market structure: Weekly structure appears, remains intact
Monthly market structure: Monthly structure appears, remains intact
Ethereum overall summary: Breakthrough weekly resistance, continue to rise
The 4-hour price has broken through daily and weekly resistance levels, washing away the long-standing weak attitude,
Structure shows 3300 has selling pressure, 3500 has selling pressure, selling pressure above is effective, breaking through 3500 may initiate a second surge.
Ethereum weekly structure: Weekly structure is intact
Ethereum monthly structure: Monthly structure is intact
Altcoin overall structure:
Monitoring range: 330 altcoins on Binance
Comparison of yesterday and today’s structure:
Weekly structure: 280/290 Slight increase in quantity
Monthly structure: 106/118 Slight increase in quantity
Weekly monthly structure: 109/113 Slight increase in quantity
Judgment range for the start of altcoin season:
Monthly structure above 150, or weekly monthly structure above 100.
Altcoin summary: Altcoin season has started! Hold onto your cash positions, take profits at the first stop-loss position, and wait for the remaining stop-loss positions.
Operational aspect: This week’s structural orders have been sent, hold tight and don’t fear market fluctuations.
The overall market structure is complete, cash positions should take profits at the stop-loss positions.
Order logic: When structure appears, enter fully into multiple coins, when structure disappears, exit gradually, if no structure, stay out.
Free teaching trading system:
Recently, I plan to personally teach 10 people to create their own trading system, completely free, detailed requirements: please refer to the pinned article.
Requirements: Comment and share short messages for three months, guarantee no contracts during the three-year learning period, and upon completion teach 10 people for free based on this logic.
Without accumulating small steps, there’s no way to reach a thousand miles; without accumulating small streams, there’s no way to form rivers and seas. Let’s encourage each other 🙏
Note ⚠️ All sent orders are personal experiences and should not be considered as investment advice, trading involves risks, please enter with caution.
