December 2, 2024, Monday 08:00-12:00
Hello brothers and sisters, reporting on the work:
The fifth phase structure single structure is complete, waiting for the entrance signal to launch the fifth phase structure single.
Overall thinking:
From the structure display, the big market and Ethereum weekly structures have disappeared, and the monthly structure is complete. At this position, there are inducements for bullish markets, avoiding risks is greater than trading.
According to the disappearance of most altcoin weekly structures and the complete monthly structure, altcoins will maintain a corrective trend.
In terms of overall operations, we are bearish overall but not shorting; we are taking profits at highs. The structure single can continue to look at the first and second profit-taking positions due to the weekly and monthly structures.
Overall summary of the big market: correction in progress
4-hour price divergence rebound at high position, the big market has selling pressure at 99000 and 100000 positions, currently, the structure shows obvious inducements for bullish markets, the big market continues to look for corrections. Daily and weekly supports are effective, medium-term continues to look bullish.
Big market weekly structure: weekly structure disappeared
Big market monthly structure: monthly structure complete
Overall summary of Ethereum: divergence rising, about to correct
4-hour price consolidation at high position, the structure shows selling pressure at 3700, 3800, and 4000, with significant selling pressure, short-term correction, medium-term bullish trend.
Ethereum weekly structure: weekly structure disappeared
Ethereum monthly structure: monthly structure complete
Overall structure of altcoins: waiting for correction to buy
Monitoring range: 330 altcoins on Binance
Comparison of structures from yesterday and today:
Weekly structure: 41/50 Quantity increased
Monthly structure: 243/247 Quantity increased
Weekly and monthly structure: 40/45 Quantity increased
Judgment range for the start of the altcoin season:
Monthly structure greater than 150, or weekly and monthly structure greater than 100.
Recently providing free help for 10 people to build your own trading system; please refer to the thank-you letter for details.
⚠️ Attention! All sent orders are personal experiences and should not be considered as investment advice; trading carries risks, and entry should be cautious.
