The laws of the market are full of twists and turns, a cycle of replacement. Internally cultivate the heart, externally cultivate the practice. The journey is long and arduous. Doubt can filter risks, but it can also miss opportunities. To seize opportunities, one must be brave enough to try. Different attitudes towards life yield different results. If one has no great ambition, even with help, they will ultimately be a useless person. All challenges are not difficulties; a successful investor's history is actually a history of learning and growth. The journey is tough but scenic. Stay true to the original intention, and you will achieve your goals.
2024.11.28 BTC ——————
After successfully predicting the support for the large pancake, the price rose sharply by 5000 points from the support level of 91000. If it can stabilize above 96200 before 8 AM today on the daily chart, then the subsequent situation will favor the bulls. In simple terms, the main market forces are really protecting the trend and do not want the trend to reverse. Thus, we can see that the market's goal is definitely more focused on the layout in the spot market.
After breaking through the Bollinger downward channel on the four-hour chart, the subsequent support around 94800 needs to be monitored today. This is the key support level that determines whether the price can continue to rise. The MACD indicator shows a bullish crossover of the slow and fast lines at the bottom. Currently, the price is encountering resistance around 97500 after a high and is starting to fall to find support. The first support level to watch is 94700, and the second is 91900. In summary, focus on 96200 resistance and 94700 support range for operations today.
Pending order:
96300-96800 short, target 1500 points (aggressive)
94700-94200 long, target 1000 points (steady)
(Strategy activation can only be used once, arrange to take profit if there is space)
2024.11.28 ETH ——————
Auntie successfully captured 400 points from the layout at 3280, congratulations! Auntie still maintains the previous viewpoint on the daily chart, overall the trend remains bullish. Even if the price further tests the support around 3430, our position is confident enough to hold. Of course, those who take profits have different discussions. On the four-hour chart, after the Bollinger Bands opened upwards, the price stretched sharply. Short-term attention should be on whether it can stabilize around 3620 and the support strength near 3530 as it transitions between top and bottom. Be cautious of the mindset on the hourly chart; there are obviously short positions stuck around 3530. After the market continues to stretch, those waiting to short should either add positions or cut losses. In summary, Auntie suggests focusing on long positions during pullbacks today.
Pending order:
3580-3520 long, target over 100 points
(Strategy activation can only be used once, arrange to take profit if there is space)
This article is exclusively written by senior analyst Qin Chuan, who has researched investment fields such as Bitcoin, Ethereum, contracts, spot, gold and foreign exchange, stocks, etc. for many years. Currently, he mainly guides contract operations and has a solid theoretical foundation and practical experience. He excels at combining technical and news-based operations, focusing on capital management and risk control. His operational style is steady and decisive, recognized by many investment friends for his easygoing and responsible personality along with sharp and decisive operations. For more real-time investment strategies, trading techniques, operational skills, and K-line knowledge, follow the public account: Zhao Qin Chuan.
Disclaimer: The above analysis only represents the author's personal opinion and does not constitute specific operational advice. Trading based on this carries risks, and profits or losses are borne by the investor. Investment involves risks, and caution is required when entering the market.
