November 28, 2024 08:00-12:00
Hello brothers and sisters, here’s a work update:
Every day I am analyzing the 330 coins selected from Binance,
The trends and situations of each coin are constantly monitored by the structural system.
If you plan to get out, if you are still losing, if you are still in liquidation, if you are still struggling with the market, if you are still waiting in vain for faith, etc.
If you have encountered any of these, then pause trading!
First step: Check in for 3 months, calm down.
Second step: Join a group of 10 people, learn the structural system.
Three years of free teaching, free structural trades, hoping that the future 10 groups can make good use of the structural system and promote it.
Teach a man to fish, let’s encourage each other 🙏
Overall thinking:
The market and Ethereum weekly structure continue to disappear, the monthly structure is complete,
Currently, it is very easy to encounter a risk of false ups, avoiding risks is greater than trading. According to the disappearance of most altcoin weekly structures, the monthly structure is complete, and altcoins maintain a correction trend.
In terms of overall operations, the overall view is bearish but not shorting, taking profits at highs. Structural trades can continue to look at the first and second profit-taking positions due to the weekly and monthly structures.
Overall summary of the market: Correction in progress
The 4-hour price rebounded but was blocked by previous highs, with resistance at 99000 and 100000, selling pressure is weakening, but still significant, selling pressure remains effective, and the market continues to look for a correction. Daily and weekly support is effective, short-term correction, medium-term bullish outlook.
Market weekly structure: Weekly structure disappearing
Market monthly structure: Monthly structure complete
Overall summary of Ethereum: Divergence and rise, about to correct
The 4-hour price shows an upward probe and a fall, the structure indicates selling pressure at 3600, 3700, 3800, and 4000, with significant selling pressure, short-term correction, medium-term bullish trend.
Ethereum weekly structure: Weekly structure disappearing
Ethereum monthly structure: Monthly structure complete
Overall structure of altcoins: Waiting for correction to buy
Monitoring range: 330 altcoins from Binance
Comparison of yesterday and today’s structure:
Weekly structure: 30/35 Quantity increased
Monthly structure: 216/224 Quantity increased
Weekly and monthly structure: 60/55 Quantity decreased
Judgment range for the opening of altcoin season:
Monthly structure greater than 150, or weekly and monthly structure greater than 100.
Recently providing free assistance to 10 people to build your own trading system, please refer to the thank-you letter for details.
Note ⚠️ All trades shared are personal experiences and should not be taken as investment advice, trading carries risks, please be cautious when entering.
