November 19, 2024 08:00-12:00
Hello siblings, here is a work report:
Trading Insights: Be patient and wait for signals, avoid chasing highs and selling lows.
1. Before entering the market, confirm that conditions are ripe to avoid chasing highs or cutting losses due to short-term market emotions.
2. The market has opportunities every day, but not every opportunity suits you.
Monitoring Binance’s 330 altcoins for entry signal alerts:
Last entry signals were 86, current entry signals are 50.
Market entry signals remain, and altcoins continue to maintain a bullish correction momentum.
Overall market summary: High divergence consolidation, correction imminent.
The 4-hour price has repeatedly tested highs but is under pressure, with ongoing selling pressure above at 92000, 93000, 95000, and a clear correction momentum. Daily and weekly support remains valid, short-term correction, medium-term bullish outlook.
Market weekly structure: Weekly structure complete.
Market monthly structure: Monthly structure complete.
Ethereum overall summary: Seeking support.
The 4-hour price is looking for daily and weekly support, currently gaining short-term daily support. The structure shows selling pressure at 3200 and 4500. Testing daily and maintaining above weekly will trigger a rapid rise.
Ethereum weekly structure: Weekly structure complete.
Ethereum monthly structure: Monthly structure complete.
Altcoin overall structure: Altcoin season, continue to maintain supplementary rise.
Monitoring range: 330 altcoins on Binance.
Comparison of yesterday and today’s structure:
Weekly structure: 283/217 Quantity decreased.
Monthly structure: 154/161 Quantity slightly increased.
Weekly monthly structure: 130/141 Quantity slightly increased.
Judgment range for altcoin season initiation:
Monthly structure above 150, or weekly monthly structure above 100.
Altcoin summary: Hold good spot positions, first take profit position to take profit, wait for the remaining take profit position.
Operational aspects: This week’s structure has been sent out, according to the entry range, set limit orders to take positions, hold on and don’t fear market fluctuations. For the overall market structure, take profit at the take profit position.
Order logic: When the structure shows, enter fully across multiple coins, when the structure disappears, exit gradually, and remain in cash when there is no structure.
Free teaching trading system:
Recently planning to personally teach 10 people to create your own trading system, completely free. Detailed requirements: Please refer to the pinned article.
Requirements: Accumulate comments and shares on short messages for three months, guarantee no contracts during the three-year learning period, and teach 10 people for free based on this logic once learned.
Attention ⚠️ All issued orders are personal experience and should not be considered investment advice. Trading involves risks, and entry should be cautious.
