After these two days of gradual decline and probing, some preliminary support has been confirmed. Let's take a look at the charts to see if there are opportunities to go long. First, let's take a look at the daily closing:
We can see that there were two pin bars testing the support around 922 (double pin bottom), and the closing price is also above 942, showing signs of a halt in the decline, indicating that the selling pressure during the holidays is starting to decrease. As long as 922 does not break, we can consider entering long positions. Let's look for intraday trading opportunities at a smaller time frame. Now, let's look at the 4-hour level:
The red trend line has broken; as long as it doesn't break below 937 on a pullback, it can be considered a confirmation of a halt in the decline. Therefore, we can consider a long position near 937. If it breaks below, we need to be cautious of the possibility of a continued pullback and decline. The upper resistance levels are 957, 964, and 996.
Hello, hello! Welcome to the exclusive channel of the new crypto UP master—Classmate Xiaobai! Here, I will bring you free 'real-time analysis' every day. Please do not take it seriously; it's purely for entertainment (disclaimer). If there are similarities in predictions, it's purely coincidental (dog head). First, let's look at the weekly closing:
The top volume has broken through the head and feet, closing below 972. This is a relatively dangerous signal. Assuming a weekly level pullback, the first target is 738 (there is this expectation, but it's hard to say when it will arrive). This price is a former top, a key price with multiple pressure and support changes, and it is also the gap for Bitcoin futures (the gray part in the image below).
Yesterday's close was above 975, which indicates that the bearish pressure has eased to some extent. Both bulls and bears are evenly matched. In terms of the naked K line, there is a significant lower shadow, proving the bulls' strength, with strong support below. So, is the market confirming support and preparing to rise, consolidating and recovering, or gathering strength for a downturn? Let's take a look at the smaller timeframes.
Four-hour level:
The upper trend line is at 975, which is a key price. Once it stabilizes, the trend is likely to shift back to bullish. For short positions, observe the real market; if it stabilizes, be sure to withdraw. How was the bottom of 922 confirmed? Look at the two charts below.
The first chart shows the extreme prices obtained by drawing a line on the Fibonacci four-hour chart. You can see that both 161.8 and 261.8 had certain support effects when they first appeared.
After the decline over the past two days, the risk-averse sentiment has been somewhat relieved. Let's see if there are opportunities for a rebound to go long. First, let's look at the daily closing:
The bullish candle on December 11th confirmed the signal for an upward movement, rising from 942 to 1080. Therefore, the bottom of this bullish candle provides some support. The price is at 957; if it breaks 957, we need to see if 942 holds. However, it's okay; those who have held onto the previous short position at 1059 can adjust slightly. The gap below in futures is at 738, and the weekly correction target is also at this price, so the short position can be held a bit longer. Currently, Japan has no plans for interest rate hikes, but it has become more certain that the meeting in January next year will likely include one, along with Christmas and Spring Festival. Therefore, the speculation on long positions should mainly focus on short-term longs.
Hello, hello! Welcome to the exclusive channel of the new crypto UP master—Classmate Xiaobai! Here, we will provide you with free 'real-time random analysis' every day. Please do not take it seriously, it's purely for entertainment (disclaimer). If there are any similarities in predictions, it is purely coincidental (dog head). First, let's look at the daily closing:
The entity broke below 1004, clearly showing a strong bearish trend. It has formed a pattern similar to the Evening Star, which is about the same as what was said yesterday, with a floating profit of 6000 points on short positions.
Today is the Japanese monetary policy meeting. The last time the interest rate was set, it dropped sharply by 8.5. This time, the market has a risk-averse sentiment. The daily level big target is 85k, so now rolling positions to short is advisable.
Let's continue to look at today's big pie trading opportunities Daily Line:
We can see that yesterday's closing cross star, 1060 has never been physically broken, so it is clear that standing firm at 1060 is the key, and only by standing firm can it continue to rise. This cross star should be cautious for bulls. Combined with the divergence of the daily line, there is a high probability of a decline. Let's look at how to confirm the falling signal at a small level:
It can be seen that the effective price is now testing the support of the lower trend line and 1054. It can be said that once it falls below 1054, it will confirm the start of a correction. The upper pressure is 1066, 1075, and 1083. The overall market is still bearish. For safety reasons, you can wait for an opportunity to chase shorts on the right side. If it falls below 1054, chase shorts, and the stop loss is 1057.
Let's take a look at today's early market analysis. Daily:
We saw a significant increase in volume yesterday. The daily target above is at 1060, and 1077 shows signs of being overbought. There are signs of divergence in the MACD. Be cautious on the 18th, 19th, and 20th; the market may shift at any time. Now looking at the smaller time frames:
Still within the upward channel; pay attention to the support around 1046 to 1036 and resistance around 1077 to 1085. Personally, I lean towards setting up short positions. There’s no market that only falls without rising, and there won’t be one that only rises without falling. For those holding long positions above 1036, try not to overexpose; for those below, set a stop loss at 1025.
Hello hello! Welcome to the exclusive channel of the new crypto UP master—Little White! Here, I will bring you free 'real trading analysis' every day. Please don’t take it seriously, it is purely entertainment (disclaimer). If there are any similarities with predictions, it’s purely coincidental (dog head). By following my channel now, you will be a senior fan in the future! Remember, trading is just a journey of growth in our lives. Don't focus too much on gains and losses. Happy trading is what matters. Today, let’s first look at the weekly chart as it opens:
The highest point last week was 1046, and it closed at 1044, so there is still some pressure.
Let’s take a quick look at the market over the weekend, starting with the daily chart:
Although the closing volume yesterday was not large, it recovered the lost ground to a certain extent. Now it depends on whether it can stand firm at 1020 and break through 1025. If it breaks, it will look at 1046. There is still pressure here. You can consider shorting nearby with a stop loss of 1050. Let's review the market of the past two days at a small level to see if there are any trading opportunities:
A few days ago, I said to pay attention to the support and resistance of 1020 and 996. You can see that the highest is 1025, and the lowest is 992, which are very close. I don’t know how your profit situation is. Friends who like to do real trading may be relatively painful, because most of the market conditions appear at night.
The big pancake is still supporting 996, with pressure at 1020. Today, I won't specifically analyze the market. To celebrate the view count breaking a thousand, I'm preparing to share some valuable content later, the super dry/intense kind. So, look forward to it~ It will definitely elevate your understanding to a new dimension $BTC
Confirmed support near 940 early yesterday morning. After stabilizing at 972, it broke 975, leading to a four-hour level rise. Finally, it confirmed pressure near 1019 again. The strategy should have suggested going long at 972, but I didn't get my subsequent short position at 1020 filled. Now let's see if the pullback to 996 will break. If there's support, go long. Friends with short positions can check for a breakout; if it doesn't break, it's time to exit. Last night, I saw support near 996 and went long. Now I have set my stop loss at 1008 and entered a short position at 1012 because we can go up or down now, creating a hedging game with a stop loss at 1013.
Hello, hello! Welcome to the exclusive channel of the new crypto UP master—Little White! Here, I will bring you free 'real-time blind analyses' every day. Please don't take it seriously; it's purely for entertainment (disclaimer). If it's similar to any predictions, it's purely coincidental (dog head emoji). Now that you're following my channel, you're on your way to becoming a seasoned fan! Let's embark on this wonderful journey together, progressing step by step from a beginner to the peak of being a 'trading expert'! (Dreams are important!) Remember, trading is just a growth journey in our lives. Don't focus too much on gains and losses. Happy trading leads to good trading.
Hello, hello! Welcome to the exclusive channel of new crypto UP host—student Xiaobai! Here, I will bring you daily unpaid 'real market analysis'. Please do not take it seriously; it's purely for entertainment (disclaimer). If there are any similarities to predictions, it’s purely coincidental (dog head). Now focus on my channel, you will be a seasoned fan in the future! Let's embark on this wonderful journey together, progressing step by step from a novice to the peak of 'trading master'! (Although it sounds a bit exaggerated, but it's good to have dreams!) Remember, trading is just a growth journey in our lives. Don't pay too much attention to gains and losses; happy trading is what matters.
Hello, hello! Welcome to the exclusive channel of the new crypto UP host—Little White! Here, I will bring you free 'live random analysis' every day. Please don't take it seriously, it's purely for entertainment (disclaimer). If my predictions match yours, it’s purely coincidental (dog emoji). If you follow my channel now, you will be a future experienced fan! Let’s embark on this wonderful journey together, progressing from a novice to the peak of being a 'trading boss'! (Although it sounds a bit exaggerated, dreams are still important!) Remember, trading is just a journey of growth in our lives. Don't take the gains and losses too seriously. Happy trading is what matters.
Is there still trading opportunity in this roller coaster market?
I didn't expect it, but the major crypto has still stabilized and moved upward. But the bigger the waves, the more expensive the fish (the greater the volatility, the more opportunities there are).
First, let's look at the daily chart of the major crypto:
The solid drop from the day before yesterday did not break 957, and yesterday's closing was again above 990, which means it may continue to rise. This kind of pin bar is really hard to trade. First, focus on the resistance at 1046 before making a decision. Let's take a look at the smaller time frames:
All the squares drawn are valid price turning points. The strategy that should have been given yesterday was to buy long at the red line support, but the influence of the extremely long lower shadow led to a decision error in considering a short position. However, as long as a stop-loss is set, it is still relatively safe.
Is it a technical pullback or the beginning of a bear market?
Hello, hello! Welcome to the exclusive channel of the new crypto UP master - Little White! Here, I will bring you free 'real-time analysis' every day. Please don't take it seriously; it's purely for entertainment (disclaimer). If it resembles predictions, it is purely coincidental (dog emoji). By following my channel now, you will become a seasoned fan in the future! Let's embark on this wonderful journey together, stepping from a novice to the peak of being a 'trading expert'! (Although that sounds a bit exaggerated, it's good to have dreams!) Remember, trading is just a journey of growth in our lives. Don't pay too much attention to gains and losses; trading happily is what matters.
Bitcoin Breakthrough Upward? Or Spike and Pullback?
Hello hello! Welcome to the exclusive channel of the new cryptocurrency UP master—Xiao Bai! Here, we will provide everyone with free 'real-time random analysis' every day. Please do not take it seriously, it's purely for entertainment (disclaimer). If there are any similarities with predictions, it's purely coincidental (dog head). Now that you are following my channel, you are the future senior fan! Let’s embark on this wonderful journey together, progressing step by step from a novice to the peak of a 'trading master'! (Although this sounds a bit exaggerated, dreams are important!) Remember, trading is just a growth journey in our lives. Don't pay too much attention to gains and losses; trading happily is what matters.
Hello, hello! Welcome to the exclusive channel of the new crypto UP master — Little White! Here, I will bring you free 'live market analysis' every day. Please don't take it too seriously; it's purely for entertainment (disclaimer). If there are any similarities in predictions, it is purely coincidental (dog emoji). Now that you are following my channel, you are on your way to becoming a senior fan in the future! Let's embark on this wonderful journey together, advancing step by step from a beginner to the peak of being a "trading expert"! (Although this might sound exaggerated, it's good to have dreams!) Remember, trading is just a growth journey in our lives. Don't pay too much attention to gains and losses; trading happily is what truly matters.
Hello hello! Welcome to the exclusive channel of the newly minted crypto UP master—Student Xiaobai! Here, we'll provide everyone with free 'live trading analysis' every day. Please don't take it seriously, it's purely for entertainment (disclaimer). If it coincides with your predictions, it's purely coincidental (doge head). Now that you're following my channel, you will be a seasoned fan in the future! Let's embark on this wonderful journey together, progressing step by step from a novice to the peak of a 'trading master'! (Though it sounds a bit exaggerated, it's good to have dreams!) Remember, trading is just a journey of growth in our lives. Don't focus too much on gains and losses; trading happily is what matters.
Hello, hello! Welcome to the exclusive channel of the new crypto UP master—Little White! Here, I will bring you daily unpaid 'live analysis'. Please don't take it too seriously; it's purely for entertainment (disclaimer). If it coincides with predictions, it is purely coincidental (dog emoji). Now that you are following my channel, you are future's seasoned fan! Let's embark on this wonderful journey together, progressing step by step from a novice to the peak of being a 'trading master'! (Though this may sound a bit exaggerated, it's good to have dreams!) Remember, trading is just a growth journey in our lives; don't worry too much about gains or losses. Happy trading is what matters.