【Buying STX near the points 1.5774 and 1.492, what is the basis for setting the spot target at 1.6949 - 1.79 - 1.88? : Interpretation by the Cryptocurrency Director】
The Cryptocurrency Director provided a Bitcoin trading strategy yesterday at noon: short near the rebound at 75450, with a stop loss if the 15-minute candlestick closes above 75700; option two is to go long near Bitcoin at 73180, with a stop loss if it effectively drops below 72800; option three to go long near Bitcoin at 71600, with a stop loss if it effectively drops below 71000. The Director believes this wave of increase has peaked and is due for a correction, as 73000 was not reached yesterday.
Next, pay attention to Ethereum's box points 2791 - 2935 - 3081 - 3363, starting to test the support at the lower edge of the box at 2791 (the position of the 5-minute Fibonacci 0.5).
Buying STX near the points 1.5774 and 1.492, with a spot target of 1.6949 - 1.79 - 1.88. Pay attention to AGI, this coin is in the AI sector, and its trend shows potential breakthroughs, the wedge looks good, and if it breaks out, there is a chance to double.
Last night at 7:30 PM, a notice was sent to cancel the short position of Bitcoin option one, allowing everyone to go long near Ethereum at 2695, with a stop loss if it effectively drops below 2670, and take profit at 2715 - 2725 - 2735 - 2790.
This morning at 6:30 AM, the Director continued to analyze, with the interest rate cut of 25 on November 8, Trump being elected, and the favorable outcomes being realized, Bitcoin basically formed a doji star, and attention should be paid to the correction and consolidation ahead. BTC provided two long positions, the first for a rebound, and the second slightly bullish.
If you want to short, watch the trend line, and after breaking it, a rebound to 75500 - 76000 can be attempted.
The Director remains bearish, believing that Bitcoin needs to break below 75500 and then rebound before it can short; many shorters think that Trump's election is a favorable outcome, and Bitcoin is struggling to rise and needs to correct. The Director believes that if there is a correction, it will absolutely break below 74000.
Don't forget to follow, let's achieve financial freedom together in this round of bull market.