[2024.2.22AVAX analyzes key support and resistance levels]
① Anyone who continues to follow Brother Sao knows that Brother Sao prefers to look at trends and the timing of entry when breaking through and establishing key support and resistance levels.
② Take AVAX as an example today. On 23.11.17, the operation strategy suggestions for key points were given for the first time. On the 21st, the lowest level was 18.9, hitting the low-end position. Then according to the strategy, we will look at the next key resistance level of 27.88. 20.5→27.88 is 36% of the space;
③Operation: After completing the low buy at the 20.5 line, game the 27.88 and 27.88 breakthroughs for the opportunity to increase positions. In this way, the average price can be controlled at the 24.1 line, break through 27.88 firmly, and game the 35-40 doubling market. Seeing that the highest price is 49.66 dollars, 40 dollars is completely within reach. According to the average price of 37.5 in the profit-taking range of 35-40, 24.1 → 37.5, then you can get 55.6% of the profit in this round of market.
④ It has met Brother Sao’s definition of excess profit of 15-30%+. The key support and resistance levels here are 20.5 and 27.88. It can be clearly seen that after breaking through and stabilizing the key support and resistance levels, doubling the market will basically be no problem. As a centerline mark, AVAX completed the task perfectly.
⑤ After the 1.23 pin returned to the key point of 27.88, another 10-dollar space profit was made. This is the game of hitting the key resistance level for the first time. You guys can review some of the mid-line noses or the ones laid out by Brother Sao before. Use some mid-line noses that you are optimistic about to enhance your understanding in this area and seek your own better mid-line excess profit layout.