$BTC

It rained in Shanghai today, so I stayed at home. Let's talk about the trend of the big cake when I have time~

·Weekly level: Suppressed by the upper pressure of 93300, this week's closing is particularly critical. The US market has entered the Christmas season. The closing of the next week on November 25th will form a cross star, which will start the weekly decline. The first support level is 81700, and the second support level is around 79500.

·Daily level: Suppressed by the pressure of the upper 92000 trend line, this morning, a small K line was closed below the left big Yang line. Here, the daily line will go up for two days, that is, at 8 am on November 19, and the closing price will be below the closing price of the left big Yang line at 91080. It is highly likely that the daily level will start the high hanging restoration. The first target is around 87380. If the entity falls below, as shown in the figure, the subsequent targets are around 85160, 81720, and 79300.

(It should be noted here that 69300 is supported by smart money. Once the 4-hour high three entity breaks the neckline, the decline will be very fast. Therefore, when it reaches each daily target, it is recommended to enter long orders in combination with the bottoming pattern of 4 hours and 15 minutes. It is not recommended to place orders)

·Four-hour level: On November 16, there was a wave of rise during the day, and a rise of three scholars encountered the left big Yinxian pressure level at the same time, which was a stop-rise signal (as shown in the red box). After the three scholars encountered the pressure level, there were two consecutive cross stars, and there was a high probability that it would fall. Wait for the 4-hour closing price to continue to rise without falling below the closing price of the left big Yang line at 90450. The first target is 91250. If it falls below 90450, the support level below is around 88500, 87750, and 86180.

·It should be noted here that the daily and weekly level callbacks are based on the premise that the 4-hour chart breaks the neckline and does not break the opening price of the middle Yin or big Yin. The 4-hour chart plays a role in connecting the upper and lower levels.