Hello, brothers
The early morning alarm has just been processed. Binance monitors 330 coins. There are only 66 alarms in the early morning, which is less than the alarm at 8 o'clock in the morning.
Let's talk about the market first. At present, the 4-hour price of the market continues to be supported on the daily and weekly lines. The price has been testing upward for a whole day and has not broken through the resistance position. The strong resistance above is effective.
The alarm information structure analysis is as follows:
The weekly structure of the market: the weekly structure is brewing continuously
The monthly structure of the market: the monthly structure has not appeared
The weekly structure of the altcoin: a large number of altcoin structures are extremely weak, and they do not follow the market at all. The market lacks momentum.
The monthly structure of the altcoin: no structure has appeared
The conclusion is: do not make a single order
In terms of operation: wait for the weekly and monthly structures of the market to appear first, and then see the altcoin structure to follow. Those who have made profits should take profits at the previous high position.
Order logic: do not make a single order if the structure does not appear, buy in full position if the structure appears, and exit position by position if the structure disappears
Thank you for your hard work. Please pay more attention and forward. If the number of people following me in Binance Square reaches more than 1,000, you can do voice live broadcast. With voice live broadcast permission, it is more convenient to communicate directly with everyone, and the analysis can be customized to each person, and the entry and exit strategies can be more accurately conveyed to everyone.
The market has continued to pull up in the past two days. It is normal for personal emotions to be high, but trading is more about calm waiting. If you are not doing contracts, I still advise everyone to wait for the structure to appear. Once the structure appears, there will be a lot of trading opportunities waiting for you. I hope you can understand my earnest advice and wait patiently, brothers.