November 10, 2024 08:00-12:00
Hello brothers and sisters, here is a work report:
Yesterday I was browsing the square information and saw too many people making contracts in reverse trend about to explode. Is money that easy to make? What's the difference between being used to liquidation and gambling?
I advise everyone not to engage in contracts without a structured system; first practice your structured system with spot trading.
Don’t make excuses; lacking experience means you need to learn, learn, learn!
Monitoring Binance's 330 altcoin entry signal alarms:
Last time there were 134 entry signals; currently, there are 110 entry signals.
The market maintains a bullish trend entry signal, with alarm numbers remaining above 100.
Overall market summary: Divergence rising, sharp increase followed by a drop is imminent.
The 4-hour price continues to rise, the structure shows effective selling pressure above 80,000, daily and weekly support is effective, and a sharp increase followed by a drop is imminent.
Overall weekly market structure: Weekly structure appears, remains intact.
Overall monthly market structure: Monthly structure appears, remains intact.
Ethereum overall summary: Breakthrough weekly resistance, maintaining upward trend.
The 4-hour price breaks through daily and weekly resistance levels, washing away the long-standing weak attitude. The structure shows effective selling pressure above 4,000. If it can stand above the weekly or daily line, a bullish trend will officially begin.
Ethereum weekly structure: Complete weekly structure.
Ethereum monthly structure: Brewing monthly structure.
Altcoin overall structure:
Monitoring range: 330 altcoins on Binance.
Comparison of structures from yesterday and today:
Weekly structure: 34/55 Quantity has increased.
Monthly structure: 36/40 Quantity has slightly increased.
Weekly monthly structure: 20/22 Quantity has slightly increased.
Judgment range for the start of altcoin season:
Monthly structure greater than 150, or weekly monthly structure greater than 100.
Altcoin summary: Hold your spot positions, take profit at the first stop-loss position, and wait for the remaining stop-loss position.
In terms of operations: The overall market structure remains intact; hold your spots. It is expected that there will be structured trades emerging next week.
Trading logic: When structure appears, enter with full positions in multiple coins; when structure disappears, exit position by position; without structure, stay out.
Free teaching trading system:
Recently, I plan to personally teach 10 people to create their own trading systems, completely free of charge. Detailed requirements: please refer to the pinned article.
Requirements: Accumulate three months of comments and shares on short messages, guarantee not to engage in contracts during the three-year learning period, and after learning, I will teach 10 people for free according to this logic.
Note ⚠️ All trades shared are personal experiences and should not be considered investment advice; trading carries risks, and entry should be cautious.
