Those who can buy are apprentices, those who can sell are masters, and those who understand cash management are the ancestors! In trend swing strategies, the choice of entry points is secondary, while exit points are key. However, good capital management is the soul of trend swing trading.

Auntie’s supplementary rise breaks the box structure, short-term long positions are notified to capture this wave of increase before the trend change. The longer the box consolidation lasts, the more certain a trend change will occur, but whether it goes up or down depends on experience and skills combined with position control to test the market. Currently, after a series of positive candles, it is encountering resistance at 3389 and is adjusting. From the candlestick perspective, the previous high at 3450 can be used as a temporary short-term reference.

Let's predict the weekly chart. If the weekly chart is to close with double needles, there are two probabilities: testing the previous high without breaking it, or faking a break of the previous high and then retreating. Therefore, the short-term trend feedback is strongly bullish, but it can also be attempted while managing risk. The short-term focus below is on the conversion of the top and bottom at the 3230 line. Note! Short positions against the trend must be reasonably planned.

11.22 Auntie's short-term suggestion: If it doesn't break 3440, short at 3390-3410, looking for 80-120 points

If it doesn't break 3530, short at 3480-3500, looking for 80-150 points

3230 support, go long at 3280-3250, looking for 80-120 points

The above suggestions are for reference only, please manage your risk well

Wishing you smooth trading!

Alright, friends, we will say goodbye until next time. Wishing everyone more success in trading and a smooth journey in the crypto world! More real-time suggestions will be sent internally. Today's brief update ends here. For more real-time suggestions from Auntie Bitcoin, contact Gege.

Written by / I am trader Gege, a friend willing to accompany you in your comeback