莫立夏
@Square-Creator-5ce400768
一枚有点老花的画线技师 🧐🤪
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$DOGE Let the partners watching Dogecoin 🐾
🏁 4-hour chart is walking the bottom structure; after hitting a high of 2, it formed a double top and broke the neckline down. Similarly, point C also needs to form a double bottom and break the neckline at 0.32177 to continue upward. The neckline at point B cannot be broken; if it is broken, it will go directly to A.
If point C holds on the 4-hour chart, the daily level will move to point B, aiming for high 2. If it effectively breaks the neckline at 0.3371, it will continue upward.
🏁 On the weekly level, the previous upward phase clearly showed a three scholars stagnation signal. Last week's close has already broken the left high support. Let's see if Monday can close with a small K line. If it closes above 0.31262, that will be a stop-loss signal.
I don't know what your average purchase price is; if the price is high, you can look for high point stagnation signals to reduce your position first. If it goes down and key support shows a stop-loss pattern, you can buy back to lower the average price.
📍 Here, let's sketch the top structure floating above, as well as the three samurai of the downtrend, breaking through the left side high volume bar corresponding to the opening price. If the pullback does not break, in the future, when you see this kind of structure and pattern again, you won't chase it anymore.
🏁 4-hour chart is walking the bottom structure; after hitting a high of 2, it formed a double top and broke the neckline down. Similarly, point C also needs to form a double bottom and break the neckline at 0.32177 to continue upward. The neckline at point B cannot be broken; if it is broken, it will go directly to A.
If point C holds on the 4-hour chart, the daily level will move to point B, aiming for high 2. If it effectively breaks the neckline at 0.3371, it will continue upward.
🏁 On the weekly level, the previous upward phase clearly showed a three scholars stagnation signal. Last week's close has already broken the left high support. Let's see if Monday can close with a small K line. If it closes above 0.31262, that will be a stop-loss signal.
I don't know what your average purchase price is; if the price is high, you can look for high point stagnation signals to reduce your position first. If it goes down and key support shows a stop-loss pattern, you can buy back to lower the average price.
📍 Here, let's sketch the top structure floating above, as well as the three samurai of the downtrend, breaking through the left side high volume bar corresponding to the opening price. If the pullback does not break, in the future, when you see this kind of structure and pattern again, you won't chase it anymore.
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1.17 position is not very high. $USUAL
🏁 The 4-hour level is approaching the top structure. If the closing line does not break 1.1188, an effective breakthrough at 1.1858 will lead to point B, moving up to look for high 3.
Breaking below 1.1188, the next support is at 1.0262. As long as this level holds, point B will also be valid. The upper resistance levels are around 1.2586 and 1.3408, which need to be tested. If it goes high 2 and forms a double top breaking the neckline down, then point B will also need to establish a bottom structure before moving up.
🏁 At the daily level, if the neckline at 1.0699 does not break, or if it shows a small K-line this morning closing above 1.1441, it will also move up to point B. There is also a slope trend support here. Looking at the chart will be more intuitive.👇🏾
🏁 The 4-hour level is approaching the top structure. If the closing line does not break 1.1188, an effective breakthrough at 1.1858 will lead to point B, moving up to look for high 3.
Breaking below 1.1188, the next support is at 1.0262. As long as this level holds, point B will also be valid. The upper resistance levels are around 1.2586 and 1.3408, which need to be tested. If it goes high 2 and forms a double top breaking the neckline down, then point B will also need to establish a bottom structure before moving up.
🏁 At the daily level, if the neckline at 1.0699 does not break, or if it shows a small K-line this morning closing above 1.1441, it will also move up to point B. There is also a slope trend support here. Looking at the chart will be more intuitive.👇🏾
Can I take a look at the usual 😂, bought at 1.17, got stuck, not sure whether to stop loss or hold on
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$ENA 4-hour level yesterday's pullback did not surpass the 0.9936 neckline, continuing downwards 👇🏾. This morning, the key support line at the daily level has also been broken. The pressure levels above at the 4-hour level are around 0.9454 and 0.9764. If the rebound does not close above, it will continue downwards.
0.9021 is the last defense point at the daily level (horizontal support at point A).
Pay attention to the weekly closing situation on Monday morning; if the left high support at 0.921 is broken, it will be a short at highs.
The top structure at the 4-hour and daily levels is really well done!
A partner asked me the night before, not sure if the short went in.
0.9021 is the last defense point at the daily level (horizontal support at point A).
Pay attention to the weekly closing situation on Monday morning; if the left high support at 0.921 is broken, it will be a short at highs.
The top structure at the 4-hour and daily levels is really well done!
A partner asked me the night before, not sure if the short went in.
$ENA has partners who want to see the ENA trend, so here it is, I rarely pay attention to knockoffs, I can only look at it from a technical perspective👀
🏁4-hour level, still within the rising channel, but the top structure has already formed, neck line at 0.9935, if it can't break above here, it will continue to drop, the horizontal support at point C is 0.8543 which is the last defense level.
🏁Daily level, still within the rising channel, three tops have formed, and it has broken the neck line, creating a double top head and shoulders pattern, if it rebounds and does not break the neck line at 0.9542 and the opening price of the big bullish candle at 1.0296, it will continue to drop, the horizontal support at point A is 0.902 which is the last defense level.
🏁Weekly level, the support at 0.921 has already been tested once, this is also the support of two channels at the daily level, an effective break will lead to the next channel, with a deep pullback.
Finally, at the monthly level, if a small candlestick closes below 0.8438, then if a long upper shadow breaks, it will look a bit ugly.
In summary, the main trend is bearish.
🏁4-hour level, still within the rising channel, but the top structure has already formed, neck line at 0.9935, if it can't break above here, it will continue to drop, the horizontal support at point C is 0.8543 which is the last defense level.
🏁Daily level, still within the rising channel, three tops have formed, and it has broken the neck line, creating a double top head and shoulders pattern, if it rebounds and does not break the neck line at 0.9542 and the opening price of the big bullish candle at 1.0296, it will continue to drop, the horizontal support at point A is 0.902 which is the last defense level.
🏁Weekly level, the support at 0.921 has already been tested once, this is also the support of two channels at the daily level, an effective break will lead to the next channel, with a deep pullback.
Finally, at the monthly level, if a small candlestick closes below 0.8438, then if a long upper shadow breaks, it will look a bit ugly.
In summary, the main trend is bearish.
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$BTC This time the normal situation is not normal. The big cake fell below the left neckline of 94850 in 4 hours, but the big sun opened at 94400 and did not break. There is uncertainty here. Wait for the closing of the daily line tomorrow morning, that is, whether the daily level support and resistance exchange position of 94800 that has been mentioned will be broken or not. The support below is around 92500, 92000, and 91500. 92000 is the daily level A point support. If the closing here breaks, the daily top structure will break, and the main focus will be on high shorts.
$ETH The closing of the concubine at 3326 is supported. I am looking at Binance spot, but the 15-minute chart has not yet walked out of the bottom structure. You can intervene with a light position and bring the stop loss to 3297, a little below the previous low. The support below is around 3256, 3135, and 3025.
Let's look at the daily support in the next two days. It's better to miss it than to be stuck.
$ETH The closing of the concubine at 3326 is supported. I am looking at Binance spot, but the 15-minute chart has not yet walked out of the bottom structure. You can intervene with a light position and bring the stop loss to 3297, a little below the previous low. The support below is around 3256, 3135, and 3025.
Let's look at the daily support in the next two days. It's better to miss it than to be stuck.
$BTC ✍🏽First, let's talk about the key points, and the details will be added later.
I said before that there should be a C point at the 4-hour level, and the staged bottom structure has come out.
Under normal circumstances, the double bottom at C point will have a big wave. If the double bottom at C point in the C zone does not break, it often goes down.
Waiting for the closing line, if 96100 does not break, the direction will continue to go up. Don't chase the short at a small level! Shorting is also a matter after the break
If the aunt 3326 does not break, the same as above👆🏾$ETH
I said before that there should be a C point at the 4-hour level, and the staged bottom structure has come out.
Under normal circumstances, the double bottom at C point will have a big wave. If the double bottom at C point in the C zone does not break, it often goes down.
Waiting for the closing line, if 96100 does not break, the direction will continue to go up. Don't chase the short at a small level! Shorting is also a matter after the break
If the aunt 3326 does not break, the same as above👆🏾$ETH
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$BTC ✍🏽First, let's talk about the key points, and the details will be added later.
I said before that there should be a C point at the 4-hour level, and the staged bottom structure has come out.
Under normal circumstances, the double bottom at C point will have a big wave. If the double bottom at C point in the C zone does not break, it often goes down.
Waiting for the closing line, if 96100 does not break, the direction will continue to go up. Don't chase the short at a small level! Shorting is also a matter after the break
If the aunt 3326 does not break, the same as above👆🏾$ETH
I said before that there should be a C point at the 4-hour level, and the staged bottom structure has come out.
Under normal circumstances, the double bottom at C point will have a big wave. If the double bottom at C point in the C zone does not break, it often goes down.
Waiting for the closing line, if 96100 does not break, the direction will continue to go up. Don't chase the short at a small level! Shorting is also a matter after the break
If the aunt 3326 does not break, the same as above👆🏾$ETH
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$ENA has partners who want to see the ENA trend, so here it is, I rarely pay attention to knockoffs, I can only look at it from a technical perspective👀
🏁4-hour level, still within the rising channel, but the top structure has already formed, neck line at 0.9935, if it can't break above here, it will continue to drop, the horizontal support at point C is 0.8543 which is the last defense level.
🏁Daily level, still within the rising channel, three tops have formed, and it has broken the neck line, creating a double top head and shoulders pattern, if it rebounds and does not break the neck line at 0.9542 and the opening price of the big bullish candle at 1.0296, it will continue to drop, the horizontal support at point A is 0.902 which is the last defense level.
🏁Weekly level, the support at 0.921 has already been tested once, this is also the support of two channels at the daily level, an effective break will lead to the next channel, with a deep pullback.
Finally, at the monthly level, if a small candlestick closes below 0.8438, then if a long upper shadow breaks, it will look a bit ugly.
In summary, the main trend is bearish.
🏁4-hour level, still within the rising channel, but the top structure has already formed, neck line at 0.9935, if it can't break above here, it will continue to drop, the horizontal support at point C is 0.8543 which is the last defense level.
🏁Daily level, still within the rising channel, three tops have formed, and it has broken the neck line, creating a double top head and shoulders pattern, if it rebounds and does not break the neck line at 0.9542 and the opening price of the big bullish candle at 1.0296, it will continue to drop, the horizontal support at point A is 0.902 which is the last defense level.
🏁Weekly level, the support at 0.921 has already been tested once, this is also the support of two channels at the daily level, an effective break will lead to the next channel, with a deep pullback.
Finally, at the monthly level, if a small candlestick closes below 0.8438, then if a long upper shadow breaks, it will look a bit ugly.
In summary, the main trend is bearish.
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$BTC ✍🏽The big cake was stuck at 96500 last night. This is the pressure level of the monthly and weekly lines. Pay attention to the closing of the 4-hour chart, and refer to the entry point of the 15-minute chart issued last night to find details. Is it breaking through 96500 and continuing to go up, or breaking through 95700 and continuing to go down? The 4-hour level is a double top breaking the neckline. If it wants to go up, it must also go through a bottom structure, so set the alarm ⏰ and wait patiently. In the watershed area, stop loss must be taken when doing contracts.
The 15-minute chart of Auntie is still in a downward trend, and the next support level is around 3250.
In addition, the monthly line will be closed in a few days, still here at 96500. Pay attention to whether the big cake closes to break through or close a small red K. This pattern has been mentioned countless times, you know🤣 So novices should watch less and move more at this time or practice with stop loss in small positions
The 15-minute chart of Auntie is still in a downward trend, and the next support level is around 3250.
In addition, the monthly line will be closed in a few days, still here at 96500. Pay attention to whether the big cake closes to break through or close a small red K. This pattern has been mentioned countless times, you know🤣 So novices should watch less and move more at this time or practice with stop loss in small positions
$BTC 4 hours of neck line support just dropped through, and there was no rebound, the support in between has become ineffective.
The channel is moving down, 95300 is also support, but after a big bearish candle, there are no signs of stopping the drop. We will not go long; we need to wait for a clear signal, at least a double bottom or triple bottom breakout on the 15-minute chart and a retest of the neck line without breaking before entering. For intraday trading, I insist on right-side positioning, having suffered considerable losses from blindly trying to catch the top.
Support below is around 94800, 93300, 92900.
The aunt has also reached the lower track of the channel, and after a big bearish candle on the 4-hour chart, there are still no signs of stopping the drop, so we will not go long. Currently, the neck line on the 15-minute chart is at 3381, waiting for a clear signal. $ETH $ETH
The monthly line is about to close, 96500 is a key point that needs to be closely monitored. Technically, if it's not quite in position, it's better to watch more, act less, and practice with simulated positions.
The channel is moving down, 95300 is also support, but after a big bearish candle, there are no signs of stopping the drop. We will not go long; we need to wait for a clear signal, at least a double bottom or triple bottom breakout on the 15-minute chart and a retest of the neck line without breaking before entering. For intraday trading, I insist on right-side positioning, having suffered considerable losses from blindly trying to catch the top.
Support below is around 94800, 93300, 92900.
The aunt has also reached the lower track of the channel, and after a big bearish candle on the 4-hour chart, there are still no signs of stopping the drop, so we will not go long. Currently, the neck line on the 15-minute chart is at 3381, waiting for a clear signal. $ETH $ETH
The monthly line is about to close, 96500 is a key point that needs to be closely monitored. Technically, if it's not quite in position, it's better to watch more, act less, and practice with simulated positions.
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$BTC 4 hours of neck line support just dropped through, and there was no rebound, the support in between has become ineffective.
The channel is moving down, 95300 is also support, but after a big bearish candle, there are no signs of stopping the drop. We will not go long; we need to wait for a clear signal, at least a double bottom or triple bottom breakout on the 15-minute chart and a retest of the neck line without breaking before entering. For intraday trading, I insist on right-side positioning, having suffered considerable losses from blindly trying to catch the top.
Support below is around 94800, 93300, 92900.
The aunt has also reached the lower track of the channel, and after a big bearish candle on the 4-hour chart, there are still no signs of stopping the drop, so we will not go long. Currently, the neck line on the 15-minute chart is at 3381, waiting for a clear signal. $ETH $ETH
The monthly line is about to close, 96500 is a key point that needs to be closely monitored. Technically, if it's not quite in position, it's better to watch more, act less, and practice with simulated positions.
The channel is moving down, 95300 is also support, but after a big bearish candle, there are no signs of stopping the drop. We will not go long; we need to wait for a clear signal, at least a double bottom or triple bottom breakout on the 15-minute chart and a retest of the neck line without breaking before entering. For intraday trading, I insist on right-side positioning, having suffered considerable losses from blindly trying to catch the top.
Support below is around 94800, 93300, 92900.
The aunt has also reached the lower track of the channel, and after a big bearish candle on the 4-hour chart, there are still no signs of stopping the drop, so we will not go long. Currently, the neck line on the 15-minute chart is at 3381, waiting for a clear signal. $ETH $ETH
The monthly line is about to close, 96500 is a key point that needs to be closely monitored. Technically, if it's not quite in position, it's better to watch more, act less, and practice with simulated positions.
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$ETH has partners asking about the Auntie's trend, so I'll share a bit as well.
From the 4-hour chart, the top has formed a triple top structure, and the rebound from point A hasn't even reached the midline 3587.
Currently, it is in the high 2 zone, having broken below the support of the consolidation range at 3465. If the rebound doesn't exceed 3465 or 3496, it will continue to decline. A valid breakdown below 3415 would indicate a high hanging reversal, coinciding with the daily trendline support at 3420. Tomorrow morning, focus on whether it can break below this; if it holds, it may still move upwards to point C. Therefore, if it doesn't rebound here, I would advise against chasing shorts.
🏁 4-hour level support at 3415, 3360, 3340, 3250 nearby, resistance at 3465, 3492, 3525, 3586 nearby.
🏁 Daily level support at 3420 (key point), 3252, 3110, 3033, resistance at 3550, 3635, 3708 nearby.
From the 4-hour chart, the top has formed a triple top structure, and the rebound from point A hasn't even reached the midline 3587.
Currently, it is in the high 2 zone, having broken below the support of the consolidation range at 3465. If the rebound doesn't exceed 3465 or 3496, it will continue to decline. A valid breakdown below 3415 would indicate a high hanging reversal, coinciding with the daily trendline support at 3420. Tomorrow morning, focus on whether it can break below this; if it holds, it may still move upwards to point C. Therefore, if it doesn't rebound here, I would advise against chasing shorts.
🏁 4-hour level support at 3415, 3360, 3340, 3250 nearby, resistance at 3465, 3492, 3525, 3586 nearby.
🏁 Daily level support at 3420 (key point), 3252, 3110, 3033, resistance at 3550, 3635, 3708 nearby.
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The pancake did not break 97800 at night, and the highest rebound point just reached the 4-hour trend line at 99900. From a structural perspective, closing here is below the left high, forming a high 2, which is a stage top at the 4-hour level. Only by stabilizing above 99000 will it continue to rise. The upper resistance levels are around 99900, 101000, and 102500, while the lower support levels are around 98300, 97600, 96700, and 93000. If it pulls back to the edge of the channel and the close does not break the level, it will move up to point C; if it breaks, we will continue to look down. $BTC
On the daily level, the upper resistance levels are 101500 and 102800. If it cannot stabilize above 99000 on the 4-hour level, we do not rule out a daily spike upwards. Manage your positions well. The lower support levels are around 97800, 96600, 94800 (key support), and 92500.
$ETH The close at 12 o'clock broke the level at 3465. If it does not break the two positions of 3465 and 3497, it will continue to fall.
On the daily level, the upper resistance levels are 101500 and 102800. If it cannot stabilize above 99000 on the 4-hour level, we do not rule out a daily spike upwards. Manage your positions well. The lower support levels are around 97800, 96600, 94800 (key support), and 92500.
$ETH The close at 12 o'clock broke the level at 3465. If it does not break the two positions of 3465 and 3497, it will continue to fall.
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$BTC Let's talk about the market again. Looking at the 15-minute chart, Bitcoin has been moving sideways all day without breaking out of the 99500-97600 range. During dinner time in the evening, there was some fluctuation, and at 20:00, it closed above the first support level of 97600, continuing to move upward.
As long as it doesn't drop below the 97800 level by the close tomorrow morning at 8:00, which is also a 4-hour support level, the direction remains upward.
If the 99500 position on the 15-minute chart breaks validly, the first resistance level on the daily chart is around 101000. If it reaches the first resistance level, at least reduce positions by 50%, keeping the remaining 50% for the pattern, and if it breaks, we'll see what happens next.
If it closes below 97800, the support below is still around 96600 and 94700.
If you're trading on a smaller timeframe, you must set an alarm for support and resistance above the 4-hour level. The main players like to force shorts and induce longs in smaller timeframes, and if you're watching the market, it's easy to get trapped in a small timeframe maze and end up making counterproductive trades.
As long as it doesn't drop below the 97800 level by the close tomorrow morning at 8:00, which is also a 4-hour support level, the direction remains upward.
If the 99500 position on the 15-minute chart breaks validly, the first resistance level on the daily chart is around 101000. If it reaches the first resistance level, at least reduce positions by 50%, keeping the remaining 50% for the pattern, and if it breaks, we'll see what happens next.
If it closes below 97800, the support below is still around 96600 and 94700.
If you're trading on a smaller timeframe, you must set an alarm for support and resistance above the 4-hour level. The main players like to force shorts and induce longs in smaller timeframes, and if you're watching the market, it's easy to get trapped in a small timeframe maze and end up making counterproductive trades.
$BTC Let's review the walking path of Bitcoin over the past few days.
On the daily level, from the beginning of the decline to yesterday's daily close, it formed a downtrend with three small candles + a long lower shadow line indicating a stop of the decline, and closed above the channel support at 94500. This support has been mentioned before; it was the point where the daily level broke upward, changing from resistance to support. Here, it must close with an effective break below and pull back for a second confirmation of not breaking down before continuing downward. Combining with the 4-hour level entry point, if the closing entity does not break point A at 92700, one can enter long.
This morning's high of 99500 happened to hit the channel at the 4-hour level, and the closing was below the high 2 level resistance. At this position, it is advisable to reduce long positions, as it is uncertain whether it will break through. However, since the daily level broke through 97800 and closed above point B forming point C, the B area at the 4-hour level has also formed a double bottom breakout above the neckline, indicating the possibility of continuing upward without a pullback.
✍🏽 Currently, the 4-hour level has broken below the closing price of the left side big bullish candle at 98300. If it closes and pulls back for confirmation without breaking, it will continue downward; if it breaks through, it will continue upward.
🏁 At the 4-hour level, the upper resistance is at 99600, 100800, 102500, and the lower support is near 97600, 96000, 95000.
🏁 At the daily level, the upper resistance is at 98900, 101000, 102800, and the lower support is near 97800, 96600, 94700.
It is not advisable to be lazy with orders; set reminders and observe 👀 the candlestick patterns, volume, and the conditions of lower highs and lows before taking action.
In the current market, trading on the daily level is relatively easy and not prone to losses. Be patient and wait; do not act until reaching critical positions, and always include a stop loss of 200 points above the previous low or high from 4 hours ago.
On the daily level, from the beginning of the decline to yesterday's daily close, it formed a downtrend with three small candles + a long lower shadow line indicating a stop of the decline, and closed above the channel support at 94500. This support has been mentioned before; it was the point where the daily level broke upward, changing from resistance to support. Here, it must close with an effective break below and pull back for a second confirmation of not breaking down before continuing downward. Combining with the 4-hour level entry point, if the closing entity does not break point A at 92700, one can enter long.
This morning's high of 99500 happened to hit the channel at the 4-hour level, and the closing was below the high 2 level resistance. At this position, it is advisable to reduce long positions, as it is uncertain whether it will break through. However, since the daily level broke through 97800 and closed above point B forming point C, the B area at the 4-hour level has also formed a double bottom breakout above the neckline, indicating the possibility of continuing upward without a pullback.
✍🏽 Currently, the 4-hour level has broken below the closing price of the left side big bullish candle at 98300. If it closes and pulls back for confirmation without breaking, it will continue downward; if it breaks through, it will continue upward.
🏁 At the 4-hour level, the upper resistance is at 99600, 100800, 102500, and the lower support is near 97600, 96000, 95000.
🏁 At the daily level, the upper resistance is at 98900, 101000, 102800, and the lower support is near 97800, 96600, 94700.
It is not advisable to be lazy with orders; set reminders and observe 👀 the candlestick patterns, volume, and the conditions of lower highs and lows before taking action.
In the current market, trading on the daily level is relatively easy and not prone to losses. Be patient and wait; do not act until reaching critical positions, and always include a stop loss of 200 points above the previous low or high from 4 hours ago.
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$BTC Today's 15-minute chart is a bit interesting. I am not encouraging newcomers to trade at a small level, but if you can understand the K-line and the relationship between volume and price, what is the relationship between trading and indicators? See how many trading opportunities there are here👀
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$BTC Let's review the walking path of Bitcoin over the past few days.
On the daily level, from the beginning of the decline to yesterday's daily close, it formed a downtrend with three small candles + a long lower shadow line indicating a stop of the decline, and closed above the channel support at 94500. This support has been mentioned before; it was the point where the daily level broke upward, changing from resistance to support. Here, it must close with an effective break below and pull back for a second confirmation of not breaking down before continuing downward. Combining with the 4-hour level entry point, if the closing entity does not break point A at 92700, one can enter long.
This morning's high of 99500 happened to hit the channel at the 4-hour level, and the closing was below the high 2 level resistance. At this position, it is advisable to reduce long positions, as it is uncertain whether it will break through. However, since the daily level broke through 97800 and closed above point B forming point C, the B area at the 4-hour level has also formed a double bottom breakout above the neckline, indicating the possibility of continuing upward without a pullback.
✍🏽 Currently, the 4-hour level has broken below the closing price of the left side big bullish candle at 98300. If it closes and pulls back for confirmation without breaking, it will continue downward; if it breaks through, it will continue upward.
🏁 At the 4-hour level, the upper resistance is at 99600, 100800, 102500, and the lower support is near 97600, 96000, 95000.
🏁 At the daily level, the upper resistance is at 98900, 101000, 102800, and the lower support is near 97800, 96600, 94700.
It is not advisable to be lazy with orders; set reminders and observe 👀 the candlestick patterns, volume, and the conditions of lower highs and lows before taking action.
In the current market, trading on the daily level is relatively easy and not prone to losses. Be patient and wait; do not act until reaching critical positions, and always include a stop loss of 200 points above the previous low or high from 4 hours ago.
On the daily level, from the beginning of the decline to yesterday's daily close, it formed a downtrend with three small candles + a long lower shadow line indicating a stop of the decline, and closed above the channel support at 94500. This support has been mentioned before; it was the point where the daily level broke upward, changing from resistance to support. Here, it must close with an effective break below and pull back for a second confirmation of not breaking down before continuing downward. Combining with the 4-hour level entry point, if the closing entity does not break point A at 92700, one can enter long.
This morning's high of 99500 happened to hit the channel at the 4-hour level, and the closing was below the high 2 level resistance. At this position, it is advisable to reduce long positions, as it is uncertain whether it will break through. However, since the daily level broke through 97800 and closed above point B forming point C, the B area at the 4-hour level has also formed a double bottom breakout above the neckline, indicating the possibility of continuing upward without a pullback.
✍🏽 Currently, the 4-hour level has broken below the closing price of the left side big bullish candle at 98300. If it closes and pulls back for confirmation without breaking, it will continue downward; if it breaks through, it will continue upward.
🏁 At the 4-hour level, the upper resistance is at 99600, 100800, 102500, and the lower support is near 97600, 96000, 95000.
🏁 At the daily level, the upper resistance is at 98900, 101000, 102800, and the lower support is near 97800, 96600, 94700.
It is not advisable to be lazy with orders; set reminders and observe 👀 the candlestick patterns, volume, and the conditions of lower highs and lows before taking action.
In the current market, trading on the daily level is relatively easy and not prone to losses. Be patient and wait; do not act until reaching critical positions, and always include a stop loss of 200 points above the previous low or high from 4 hours ago.
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Sol cannot break 176 currently; if it doesn't break 199 on the 4-hour closing line, it can also reduce positions first.
The daily line for $SOL closed above the left high this morning. As long as the 4-hour line closes without breaking the large bearish closing price on the left at 176, we can enter the spot market. As for the contract, the boundary point stop loss is also very small.
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$BTC The pancake reached the mid-level of the 4-hour channel at night, rebounding but not exceeding 99500, closing below the left high of 99000. Spot can be reduced.
$ETH The second pancake reached the weekly neck line resistance at 3533, rebounding but not exceeding 3539 in the 4-hour level, closing below the left high of 3523. Spot can be reduced.
🏁 In the 4-hour chart, it has formed a double bottom going up, encountering high pressure here, but a pullback breaking 97580 (Auntie 3460) will continue downward, or breaking 98300, with the 15-minute chart forming double tops and triple tops breaking the neck line, so currently, do not touch the top to short (also because the daily line has broken out). If long positions close without breaking the resistance, it should be reduced. If there is an effective breakout, then add back. Ready to attack or defend.
$ETH The second pancake reached the weekly neck line resistance at 3533, rebounding but not exceeding 3539 in the 4-hour level, closing below the left high of 3523. Spot can be reduced.
🏁 In the 4-hour chart, it has formed a double bottom going up, encountering high pressure here, but a pullback breaking 97580 (Auntie 3460) will continue downward, or breaking 98300, with the 15-minute chart forming double tops and triple tops breaking the neck line, so currently, do not touch the top to short (also because the daily line has broken out). If long positions close without breaking the resistance, it should be reduced. If there is an effective breakout, then add back. Ready to attack or defend.
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Be a little nicer to yourself during the holidays 😜
Wishing you a peaceful Christmas Eve, may it be safe and sound 🥳
Wishing you a peaceful Christmas Eve, may it be safe and sound 🥳
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The general direction, just take a look 👀
$BTC The monthly line will be closed in a few days. It is Christmas in Europe and the United States, and New Year's Day is approaching. It is a very critical time node. It is necessary to look at the general direction of the monthly and weekly levels👇🏾
🏁Monthly level: The volatility of the market in December is reflected in this small K-line with almost no real body. From the perspective of form, a large positive line + small K-line + long upper shadow + closing below the pressure level is an obvious bearish signal, which I often mention when I interpret the market. Replay the closing pattern of March 21, is it very similar? Calculate the decline of the following month to be nearly 30,000 points. So if we just say if this month's closing line meets the above 4 conditions and closes below the monthly pressure level of 96,400 (📍 is also the daily and weekly pressure), we must have a certain risk expectation. From the perspective of the big structure, there is also the possibility of a 4-point rise here. If it effectively falls below the previous low of 90,800, the nearest support that can be foreseen below is near the middle track of the channel at 75,000, which will rise as the time to reach it extends. 75,000 is effectively broken and then looks down (as shown in the figure). Of course, it is unlikely to reach it in one step. The rise and fall of the sub-level and sub-sub-level is a wave of market and a wave of lines, and we will watch while we go. Don’t think it’s impossible just because the price of the coin has exceeded 100,000. Yes, after the ETF was approved, institutional whales continued to buy, but isn’t the essence of the financial market for arbitrage? Isn’t the rise and fall of 3,000 to 5,000 a night in this bull market? Not to mention the monthly calculation.
🏁Monthly level: The volatility of the market in December is reflected in this small K-line with almost no real body. From the perspective of form, a large positive line + small K-line + long upper shadow + closing below the pressure level is an obvious bearish signal, which I often mention when I interpret the market. Replay the closing pattern of March 21, is it very similar? Calculate the decline of the following month to be nearly 30,000 points. So if we just say if this month's closing line meets the above 4 conditions and closes below the monthly pressure level of 96,400 (📍 is also the daily and weekly pressure), we must have a certain risk expectation. From the perspective of the big structure, there is also the possibility of a 4-point rise here. If it effectively falls below the previous low of 90,800, the nearest support that can be foreseen below is near the middle track of the channel at 75,000, which will rise as the time to reach it extends. 75,000 is effectively broken and then looks down (as shown in the figure). Of course, it is unlikely to reach it in one step. The rise and fall of the sub-level and sub-sub-level is a wave of market and a wave of lines, and we will watch while we go. Don’t think it’s impossible just because the price of the coin has exceeded 100,000. Yes, after the ETF was approved, institutional whales continued to buy, but isn’t the essence of the financial market for arbitrage? Isn’t the rise and fall of 3,000 to 5,000 a night in this bull market? Not to mention the monthly calculation.
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I hope to have reminders in place in the morning, so I don't get stuck at a temporary bottom. 🙏
The market is currently very volatile, and there is no absolute long or short anymore. After experiencing multiple market washouts, my trading creed has become: not getting trapped, not being liquidated, preserving capital, focusing on spot trading, and slowly accumulating by taking small risks in contracts.
The shares in the square are more for myself, because sharing encourages me to analyze the market more carefully and cautiously. The most important thing in trading is to understand the logic behind the trades, why the market goes up or down, rather than just blindly acting on specific points. If you hold on too long, you might see profits turn into losses; if it surges, you might just take a small profit and run.
Trends will always outweigh specific points. If you can't even find where the support and resistance are or understand the structure, then you shouldn't trade contracts. You can lose everything (unless you're lucky and have some unexpected gains, but I won't argue with you). For spot trading, split into three positions: 334, 235 ratio, and just place orders based on weekly support. Do as much as your ability allows. What I'm saying might truly be lifesaving; when I entered the crypto space, no one told me these things. 🥹
The market is currently very volatile, and there is no absolute long or short anymore. After experiencing multiple market washouts, my trading creed has become: not getting trapped, not being liquidated, preserving capital, focusing on spot trading, and slowly accumulating by taking small risks in contracts.
The shares in the square are more for myself, because sharing encourages me to analyze the market more carefully and cautiously. The most important thing in trading is to understand the logic behind the trades, why the market goes up or down, rather than just blindly acting on specific points. If you hold on too long, you might see profits turn into losses; if it surges, you might just take a small profit and run.
Trends will always outweigh specific points. If you can't even find where the support and resistance are or understand the structure, then you shouldn't trade contracts. You can lose everything (unless you're lucky and have some unexpected gains, but I won't argue with you). For spot trading, split into three positions: 334, 235 ratio, and just place orders based on weekly support. Do as much as your ability allows. What I'm saying might truly be lifesaving; when I entered the crypto space, no one told me these things. 🥹
The lower bound of the 4-hour channel has arrived, don't chase shorts at the temporary bottom $ETH