[Cryptocurrency Trend Express]

Teacher Luke's video analysis summary at 14:45 pm on Friday, October 18, 2024, for details, please go to youtube (LUKE trader Luke) to watch:

Review of DIA trend:

In yesterday's live broadcast, we paid special attention to the DIA variety and pointed out that it had an unusual right empty trend. The characteristics of this trend are the subsequent rapid pull-up and the potential to break through the previous central high. It turns out that our judgment is accurate. DIA formed an effective buying point near 0.78, and many friends successfully caught this wave of market. This is mainly due to the fact that after we narrowed the level, we observed the bottoming signal and the formation of the 3+3 structure, which is a clear signal of starting.

From the daily level trend, Bitcoin is bullish in the medium term, and two rising centers have been formed, MACD golden cross, volume continues, and the upward trend has not changed. It is currently facing the key pressure level of 68,000. If it breaks through, it is expected to reach 70,000 points and start the second wave of bull market. The weekly level shows that the rise of Bitcoin's three-segment structure is not complete, and MACD will cross again, supporting the bull market expectations.

Bitcoin is strong in the short term, with a 5-wave structure, and may form a central rise. It is recommended not to chase highs, and wait for a pullback to intervene. Ethereum is weak, MACD is downward, and Bitcoin is preferred.

Summary: Analyze the trend, first look at the large level to determine the direction, and then find a small level to buy. Bitcoin's 68,000 pressure level is waiting to be broken, and it is recommended that the audience wait patiently, and subsequent rising opportunities can be expected. Keep paying attention and invest rationally!

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