Hello, hello! Welcome to the exclusive channel of the new crypto UP master—Classmate Xiaobai! Here, we will provide you with free 'real-time random analysis' every day. Please do not take it seriously, it's purely for entertainment (disclaimer). If there are any similarities in predictions, it is purely coincidental (dog head).
First, let's look at the daily closing:
The entity broke below 1004, clearly showing a strong bearish trend. It has formed a pattern similar to the Evening Star, which is about the same as what was said yesterday, with a floating profit of 6000 points on short positions.
Today is the Japanese monetary policy meeting. The last time the interest rate was set, it dropped sharply by 8.5. This time, the market has a risk-averse sentiment. The daily level big target is 85k, so now rolling positions to short is advisable.
Let's continue to see if there are opportunities in smaller levels:
You can see that all important prices are marked on the chart. We are currently in an oversold range, with some support near 1004. The resistance levels above are 1013, 1025, and 1032. Observe the pressure at these points to continue shorting. If there is a volume breakout, it must hold above 1044 at least twice on a four-hour level for potential sideways movement or upward support. Currently, the likelihood seems low, and it remains relatively safe to short against resistance.
Support levels below are 992, 975, 942, and 908. Consider going long near these prices. Observe the support situation in real-time, and the criteria for judgment is based on a one-minute level with two or more volume spikes as support signals. A stop loss of 500 points is sufficient.
Other small altcoins are following the trend of Bitcoin, so understanding Bitcoin is key to understanding the direction of altcoins.
Contracts, whether in a bull or bear market, are trading opportunities. Predicting bull or bear markets is meaningless, as there will always be unpredictable black swan events.
Trading ultimately relies on the decision-maker's execution, so the market will tell you in advance whether it will rise or fall. Follow the market, and it will provide you with the answer.
The analysis of the morning trading ideas is complete. How do you feel, dear viewers? Feel free to discuss and exchange ideas in the comments section. Here is your little friend Xiaobai, providing free random analysis every day (heart).
