Brothers, hurry up and grab the opportunity! Come to me if you haven't bound the invitation code yet, and enjoy the highest rebate ratio, both new and old users will have a share! 🔥
👀 Old users, don't worry, you don't need to cancel your account, nor do you have to wait for a long time, it will not affect the use at all! Once bound, you can enjoy high rebates, which will directly make you earn more and faster! 💰 Brothers who are interested in learning more details, please contact me at any time! 🚀 Rebate invitation code: FDI2TN1Z Rebate invitation link: 华语区专属邀请链接, 海外区专属邀请链接 $BTC $ETH $SOL #HBO纪录片或揭示中本聪身份 #加密市场反弹 #非农人数大幅升温 #EIGEN、OP、ENA大额解锁
AVAX price analysis: Breaking through resistance, can it set a new high?
Brothers, on November 22, AVAX broke through the resistance line of the rising channel, and the bulls fought against the bears, turning the situation around in one fell swoop! This wave of breakthrough directly ignited market sentiment, and the subsequent trend is critical.
Where is the bull target? If the price can stabilize above the resistance line, the AVAX/USDT pair is expected to hit $42 in the short term, or even challenge the $50 mark! This trend can be said to be quite fierce, and the bulls are in high spirits.
What is the risk of a callback? However, stay calm and don't get excited. If the price falls back below the 20-day moving average, this optimistic expectation will be discounted. This may be a bull trap, and the price may even retreat to the vicinity of the 50-day moving average ($29.93) and continue to fluctuate in the channel.
In summary: Hold the resistance line and aim directly at $50; if it falls below the moving average, be careful of the callback trap. Brothers who want to get on the train, keep an eye on the support and resistance, timing is very important!
BNB price trend: short-term prospects or waiting to go?
Brothers, BNB has made some moves recently! On November 21, the price rebounded from the 50-day moving average ($593.05), indicating that market sentiment is still quite optimistic and bulls are very active in buying on dips.
What is the next key point? In the short term, $667 is a very important resistance level. If the bulls break through here strongly, the next target is $722! This position may be a bit stressful, but once it breaks through, BNB may go straight to $810, don't say it's not exciting.
What if it can't hold up? The 50-day moving average below is a position that short-term bulls must hold. Once it is lost, BNB may fall to near the upward trend line. The larger the callback, the longer the rebound cycle may be, so short-term bulls must keep an eye on this line of defense.
At present, the daily K has stood near the upper boundary of the consolidation zone at 614. Those who have not entered the market can enter with a light position. The market is changing rapidly, so leave yourself a chance to cover your position. The bullish trend is beyond doubt.
Today I finally set off to Nepal to hike the EBC loop. It is expected to take half a month! As the altitude gets higher and higher, there may be times when there is no network, but don’t worry, I will update you every night. Remember not to unfollow, keep paying attention, and the adventure will never stop! 😁
Solana is soaring, and the 292 target is within reach! 🚀
SOL has gone crazy! Recently, the news has been flying all over the sky. Not only has it broken through the suppression of the bull pennant, but it has also been assisted by a series of major events and is close to the historical high! Next, let's take a look at how the SOL market will ride the wind and waves and hit the 292 target! 👇
A wave of good news has come, why is SOL rising? 🎉 Gary Gensler resigned from the SEC, and the market was boiling instantly! Driven by the crypto assets that he frequently targeted during his tenure, the price of SOL directly rose by more than 12%, approaching the historical high three years ago. XRP and ADA, which were "targeted" like SOL, also rose wildly, with XRP rising by more than 25%, and ADA hitting a new high since 2022. Spot Solana ETF proposal ignites the market CboeBZX submitted 4 spot ETF documents, including Bitwise, VanEck, etc. It is worth noting that Bitwise took the lead in registering the trust fund in advance and submitting the S-1 document, further demonstrating their confidence in the Solana market. Whales are madly absorbing funds Data shows that Solana's large funds continue to pour in, indicating that they have extremely high bullish expectations for the future. This move further ignited the confidence of retail investors.
Technical analysis: Bullish pennant pattern breakthrough! 📈 What is a bullish pennant? It is a consolidation pattern in which the price gradually narrows between the highs and lows, shaped like a triangle, which is a typical bull market continuation signal. Breakthrough upper edge: SOL price has successfully broken through the upper boundary of the pennant pattern, indicating that bulls are confident! Future trend forecast: SOL impact 292? 🌟 Optimistic scenario: Breakup target: If the price can continue to stay above 262 and attract more capital inflows, the target of 292 is just around the corner, and it may even test the 300 mark! Risk control: If the market heat weakens, the price may fall back to the 250 area to find support, but the bull market tone remains unchanged. Strategy suggestions: 🎯 Long: If the price continues to stand at 262, you can build positions in batches, with a target price of 292-335. If the price falls back to around 250 and stabilizes, it is a good opportunity to enter the market at a low level. Short: Don't short in a bull market! The current market is biased towards bulls, and it is recommended to follow the trend. SOL's current rally is very strong, 292 is just a small target, and there may be bigger surprises in the future!
ETH price analysis: Golden cross is approaching, breaking through 4000 is expected! 🚀
Brothers, ETH is on fire again! Today's price rose and stood firmly in the support zone of 3000. This wave of accumulation may be to welcome the upcoming "golden cross", with the target directly pointing to 4000! Let's take a look at the specific situation👇
Current market interpretation: 🔍
Strong consolidation and then strength: Price range: In the past week, ETH fluctuated and consolidated between 3017 and 3225, steadily and steadily, accumulating sufficient demand and momentum. Support strength: A strong demand belt was formed in the 3017 to 3140 area, and 5.4 million ETH were transferred in this price range, providing a solid bottom support for the price.
Short-term technical signals: Bullish rebound: ETH re-stood on the 50-day moving average on the 4-hour chart, with strong short-term upward momentum. The triple bottom pattern is confirmed: The daily chart shows that ETH has broken through the neckline of the triple bottom pattern, which provides structural support for subsequent increases.
"Golden Cross" is about to take place: ✨ What is the golden cross? Simply put, it is the 50-day moving average crossing the 200-day moving average upward, which is an important signal for the market to confirm the long-term upward trend!
Looking back at history: In 2020 and 2023, ETH has seen an increase of more than 100% after the golden cross. At present, the golden cross has begun to show its edge, and the bullish momentum on the daily chart is gradually emerging.
Whale activity support: 🐋 Recently, ETH big players have frequently made moves, and the accumulation of funds is obvious: A whale address has recently increased its holdings by 27,000 ETH, with a total value of more than 88.9 million. The injection of fresh funds further consolidates the support area of around 3,000, providing strong endorsement for subsequent price breakthroughs.
ETH is brewing a big market, and the "golden cross" is imminent. Breaking through 4,000 is not a dream! The bulls are keeping their eyes on the resistance between 3442 and 3480, and the final outcome of the long-short divergence will be revealed here. Let's take steady steps, aim for opportunities, and welcome this wave of dividends together! 💪
$SHIB SHIB market analysis: key points are being fought, and a breakthrough is imminent! 🐾 Brothers, SHIB has been a bit entangled recently! Although the price is firmly on the 20-day moving average (0.000023), the bulls have failed to hit the resistance level of 0.000026 several times, indicating that the high-level demand is gradually weakening, and the market is looking for direction while waiting. Current situation: a tug-of-war is unfolding 🎢 Price range: The current price is hovering between the 20-day moving average (0.000023) and 0.000026, and the short-term direction is unclear. Technical signal: 20-day moving average: The upslope trend shows that the bulls still have some advantages. If the price can hold the 20-day EMA, it may still hit upward. RSI: The positive area shows that the market buying power still exists, but the momentum is not enough to directly break through the resistance.
What to do next? 🔮 Bull strategy: Breakthrough confirmation: If the closing price successfully stands above 0.382 (0.00002416) or 0.000026, you can start to arrange long orders, with the target at 0.000029, when the bullish sentiment may explode! Support rebound: In case the price falls back to the 50-day moving average (0.000021-0.000019), you can pay attention to whether a stabilization signal is formed, and then wait for an opportunity to enter the market to buy the bottom. Bear strategy: Losing the 20-day EMA: If the price falls below 0.000023, the bulls may give up temporarily, and the target will drop to the vicinity of the 50-day moving average (0.000021-0.000019) in the short term. The bears can try short-term opportunities.
SHIB is currently in a critical period of long-short competition, and both breakthroughs and retracements may become signals for the next step. The bulls are watching for the stabilization of 0.000024 and the breakthrough of 0.000026, while the bears are watching for the loss of 0.000023. 🔥
The point given yesterday was not broken. Breaking means that a real Yin K is completely closed below the support level.
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Brothers, SHIB opportunity is here! Spot or contract, choose it yourself! 🐕🔥 If you didn't follow my SHIB strategy before, now is your chance! Don't hesitate, get on board! But remember one thing: the position must be controlled well, and if it falls below 0.00002416, stop loss and leave decisively, save your life first!
Enlarged version of the cup handle structure: classic bullish pattern 📈 Remember the cup handle structure I mentioned before? At that time, it was bullish, and now it has become an enlarged version, with a stronger impact! You should be familiar with the rules of this cup handle pattern? Brothers who don't remember can go to my previous article. Big brother BTC also had a similar trend before! Features: The cup handle structure usually ushered in an explosion when the price broke through sharply, and directly reached a high target. SHIB is also expected to replicate such a magical operation!
Spot vs. Contract: The choice is up to you Spot Party: Brothers who are more conservative can buy spot directly, which has stronger risk resistance and sleeps well. Contract Party: Those who are more aggressive can try contracts, but don’t use too much leverage and control your positions. After all, the water in the currency circle is too deep, be careful of capsizing.
Strategy Summary: Don’t be greedy, take steady steps! 1. Entry point: Enter the market directly at the current point, don’t hesitate. 2. Stop loss point: Run immediately if it falls below 0.00002416, don’t linger! 3. Profit target: Gradually stop profit after the breakthrough, how much you earn is up to you, the pattern depends on you! Brothers, whether you can catch the market when it comes depends on whether you dare to take action! This time, the enlarged version of the SHIB cup handle pattern, if you don’t take a gamble, do you really have to wait for the next time? Don’t regret it! The brothers who entered the market together before should have the same income as me now! I didn’t run away at 0.03! The pattern is in the end!
TRB Market Analysis: Support on the Brink, Observing is the Best Strategy! 🧐 Brothers, TRB is causing trouble again last night! Originally weak, it couldn't even hold the lifeline of the bulls, directly breaking down to slide to the 0.5 support, barely hitting the brakes to rebound. Currently stuck between the 0.382 and 0.5 range, the price is neither up nor down, making for an awkward situation. Current Situation: Bears in Control, Bulls Weak 🐻 Moving Average Analysis: 20-day, 50-day Moving Averages: Both have been breached, indicating no signs of the bulls turning around in the short term. Price Range: Currently trading between 0.382 and 0.5 (61.493-58.311), with no good opportunities for either side. Key Support: If the 0.5 support (60.645) is breached, the next step may directly plunge to the 0.618 and 0.666 range (55.862-53.916). Operational Strategy: Stay Calm and Observe, Wait for Opportunities 👀 Bullish Strategy: Safe Entry Conditions: Consider entering only after the price re-establishes above 65.428, confirming the bulls regain their strength! Bottom Fishing Opportunity: If it drops to the 55.862-53.916 range, consider entering in batches, allowing the bulls to attempt a counterattack. Bearish Strategy: Caution is Paramount: In a bullish environment, it is not advisable to open shorts casually; consider short-term speculation near key support or resistance levels, and ensure to set a stop loss!
TRB is truly stuck in limbo, forcing operations will only increase risks. Brothers, be patient, opportunities will come! Bulls should closely watch for support and breakout signals, while bears should not rush in; prudent speculation is the way to go.👊
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TRB successfully bottomed out, bulls counterattacked strongly, brothers, the opportunity has come!
Since TRB hit the resistance level on November 10, the price began to fall, but stabilized at the Fibonacci 38.2% (65.428) position, and formed a resonance support with the 20-day and 50-day moving averages, showing strong resistance to decline. The bears tried to break through this support for five consecutive days, but failed, and the volume was gradually shrinking. Now, the bulls have regained control of the situation and are ready to counterattack! Strategy analysis: 1. Entry point: Currently, the area around 65.4 is a high-quality entry point, with strong support and bullish momentum, which is worth paying attention to. 2. Profit target: The first target: the previous high of 109.648 (upper boundary of the channel). Target after the breakthrough: If the channel is broken, the price is expected to go straight to the 150 mark. 3. Risk control strategy Stop loss suggestion: stop loss decisively if it falls below 65.4 to avoid further retracement risk.
Brothers, the opportunity is now! The bulls are already on board, are you ready? 💥🚀
Bitcoin reaches a historical high, next stop 100,000? 🚀 Brothers, on November 20, Bitcoin surged to a new historical high, directly boosting market sentiment! This move may indicate the start of the next wave of a super bullish market, and the bulls are firmly in control, we just need to wait for it to continue to take off!
Current trend: Bullish dominance, targeting 100,000 💎 Technical analysis: Current support: Near the ascending trend line, Fibonacci 1.618 (93251), followed by the 20-day moving average (85235) as strong support. Resistance level: The 100,000 mark is the first major hurdle for the bulls, and if broken, it may shoot straight to 127684! Momentum indicators: RSI indicator is in the overbought area, indicating strong buying pressure. Although the bears may target the 100,000 level, currently, the momentum is still on the bullish side. Short-term risks: Signals to watch ⚠️ 1. Break of the ascending trend line: If the price falls below and closes under the ascending trend line, short-term traders may take profits. 2. Loss of the 20-day moving average: Once the price drops below the 20-day moving average, it may trigger a deeper adjustment, and the market will temporarily weaken.
Brothers, SHIB opportunity is here! Spot or contract, choose it yourself! 🐕🔥 If you didn't follow my SHIB strategy before, now is your chance! Don't hesitate, get on board! But remember one thing: the position must be controlled well, and if it falls below 0.00002416, stop loss and leave decisively, save your life first!
Enlarged version of the cup handle structure: classic bullish pattern 📈 Remember the cup handle structure I mentioned before? At that time, it was bullish, and now it has become an enlarged version, with a stronger impact! You should be familiar with the rules of this cup handle pattern? Brothers who don't remember can go to my previous article. Big brother BTC also had a similar trend before! Features: The cup handle structure usually ushered in an explosion when the price broke through sharply, and directly reached a high target. SHIB is also expected to replicate such a magical operation!
Spot vs. Contract: The choice is up to you Spot Party: Brothers who are more conservative can buy spot directly, which has stronger risk resistance and sleeps well. Contract Party: Those who are more aggressive can try contracts, but don’t use too much leverage and control your positions. After all, the water in the currency circle is too deep, be careful of capsizing.
Strategy Summary: Don’t be greedy, take steady steps! 1. Entry point: Enter the market directly at the current point, don’t hesitate. 2. Stop loss point: Run immediately if it falls below 0.00002416, don’t linger! 3. Profit target: Gradually stop profit after the breakthrough, how much you earn is up to you, the pattern depends on you! Brothers, whether you can catch the market when it comes depends on whether you dare to take action! This time, the enlarged version of the SHIB cup handle pattern, if you don’t take a gamble, do you really have to wait for the next time? Don’t regret it! The brothers who entered the market together before should have the same income as me now! I didn’t run away at 0.03! The pattern is in the end!
ETH Market: Support takes off, let's make profits! 🚀 Brothers, ETH's recent trend can be summed up in two words - "Stay steady"! 💪 As long as support holds, there won't be a new trend. This market is taking off again from a critical support position. If you have carefully read my analysis, you should have entered the market a while ago, and you should already be in profit. Congratulations to the brothers making money! 🎉 What are the key points ahead? 1. Move Stop Loss: Protect profits, refuse losses! Move the stop loss up to lock in profits. You may not need all the profits, but you must not incur losses. 2. Observe Resistance Levels: The upcoming resistance is a key test. Brothers, be cautious when approaching the area: Breakthrough Resistance: Stay steady in your position and look for the next surge! Top Out and Pullback: Take partial profits, hold the remaining at breakeven, and trade according to market conditions. How to set the strategy? 1. If aiming for steady wins: Take partial profits near resistance levels; the money you’ve made is yours. 2. If looking for a bigger pattern: Leave some position to continue betting on a breakthrough; if the market takes off directly, we’ll be the ones making the big profits! 🚀
The above strategies also apply to other cryptocurrency analysis articles I published earlier: DOGE, GRT, BNB, NEAR, TRA, BTC, SOL, SUI, etc. If there are no updates, it means there is no new trend worth analyzing!!!
Summary: The decision is yours! Now is the moment to decide how much to earn; brothers should stay calm and not act impulsively! The trend is there, support is effective, and ETH can still go further! Hold steady and play freely! 🎉
DOGE market analysis: accumulating strength to push higher, can a new historical high be expected? 🚀
Brothers, DOGE is in the limelight recently! In the past 24 hours, the price has risen by more than 5%, and its performance has directly crushed the entire crypto market. It is really the "return of the dog king"! 🐕
Why is Dogecoin so powerful? 1. Musk assists Musk, the "father of Dogecoin", is awesome again! Every time Dogecoin is mentioned on his platform, the market immediately explodes, and it simply has the "market FOMO" attribute. 2. Whales are buying at the bottom Recently, whales have not been idle. Data shows that in the past two weeks, large holders holding more than 10 million DOGE have been frantically absorbing funds, directly accumulating 140 million DOGE, which is no small matter! 3. Technical bullish Bullish flag: On the daily chart, DOGE is building a classic bullish flag. As long as the upper edge of the flag pattern of $0.41 is broken, this wave of pull-up may go straight to the previous high, or directly set a new historical high!
Short-term pressure and opportunity Current price: DOGE is currently hovering at 0.39, approaching the key point of the flag breakthrough of 0.41. Risk of callback: RSI is overbought (77.25), there may be a callback demand in the short term, and it may fall back to 0.35 or even the psychological barrier of 0.31.
Strategy advice: Stay steady, don't rush! 1. Brothers who hold positions: Pay attention to the key point of $0.41, and the breakthrough target is above $0.50. If it falls back to the support of $0.355, don't panic, stabilize your position, and make up for it when it falls! 2. Brothers who wait and see: Wait for the callback opportunity! It is recommended to ambush orders in the price range of $0.31~0.35, and wait patiently for the market to explode.
Future highlights: historical highs or shock accumulation? The rise of Dogecoin this time is not only driven by Musk, but also the result of the combined effect of market sentiment and whale funds. If the flag pattern breaks through, the next target may be the previous high, or directly hit the historical high! 💥
Keep a steady mind, bring a good plan, and let's witness this wave of "Doge King's comeback" together! 🎉
Brothers, GRT has finally started to take off! This small rise, 🚀 those who have followed along must be making profits by now, right? 🎉 The rise has begun, don't be easily shaken out! Short-term fluctuations are normal, the key is to maintain a steady mindset. Hold your positions firmly, don't get jittery! Decide on the losses you can bear first, then look at how much you can earn; enter the market with a strategy! Trading suggestions 1. For those holding positions: Hold steady! The initial phase of the rise has large short-term fluctuations, don't get shaken out easily, patiently wait for the next wave of acceleration. If you reach your target profit for this phase, consider taking some profits to lock in gains. 2. For those watching from the sidelines: Don't chase the high! Wait for a pullback before jumping in, it's lower risk and there will be plenty of opportunities. 3. Mindset is key: There are no guarantees in trading; the key is to have a solid plan! Remember: if you can afford to lose, you'll be able to enjoy your gains!
The market has cycles, this wave of GRT's launch may just be the beginning, let's not panic, take it step by step, work with a plan, and bring home profits! Those who are making money, drop a 🔥 in the comments, let's charge forward together! I added to my position midway, so my entry price is higher than the starting position price. 😁
Brothers, BNB recently encountered strong resistance from bears at the 633 resistance level, but don’t worry, there’s good news! The bulls successfully held the 20-day moving average (608), indicating that buying power is still present, and we are looking at even higher points!
Key Point Analysis Bullish Target: If buyers push again and stabilize the price above 633, BNB could surge towards 667. Although this level might face a bear counterattack, once broken through, the target will be directly at 722, which is the rhythm of “the sky is the limit”! Bear Counterattack: In the event that the price falls below the 20-day moving average (608), the bulls may abandon their positions, and the market will likely slide towards the 50-day moving average (592), or even test the upward trend line.
Technical Highlights Bullish Advantage: The 20-day moving average is steadily rising, and the short-term trend remains bullish. Solid Defense: Support near 608 indicates that the bulls have not given up but are waiting for a breakthrough opportunity.
Brothers, BNB is currently at a breakthrough point, with both bulls and bears fighting fiercely; the key point is 633. Once broken through, the bulls can let loose and go all out! Maintain the pace, don’t chase the highs, when the opportunity comes, we will seize it. Wishing everyone to achieve this wave of profits soon! 🚀
ETH Market Analysis Brothers, ETH has been strong recently and found support at the 38.2% Fibonacci retracement level (3017). This is a super positive signal! Currently, the 20-day moving average (2977) is rising, and the RSI is almost just right. The bulls are clearly taking the initiative.
Key point analysis Upward potential: If the price breaks through 3228, ETH may test the downward trend line again. Although this position may be a "hard bone", once the bulls conquer it, ETH is expected to go straight to 3900! Downside risk: If the price falls back and falls below the 20-day moving average (2977), it may mean that the bulls can no longer hold on, and the market is likely to slide to 2890, or even touch the 50-day moving average (2763).
Technical highlights Solid support: Stabilizing at the key Fibonacci support level shows that the market still has confidence in ETH. Bulls are in favor: RSI shows strong buying power. As long as the current support is maintained, bulls still have room to pull up further.
ETH is now at a critical juncture. Whether it can break through 3228 determines whether it will fly or rest. The strategy is very clear: chase the breakthrough, absorb the callback, hold the point and don't be impulsive. I hope we can make a big profit together! 🚀
Since breaking through the 50-day moving average (4.71) on November 11, momentum has exploded and the short-term trend has directly turned to bulls.
Key resistance and support Currently, NEAR has hit the key resistance level of 6.45, which is a barrier that bulls need to break through. If it breaks through 6.45, the price will most likely go straight to 7.70, or even 8.997! But don't be careless. If the price falls from the current level and falls below the 20-day moving average (5.0), the market may enter a volatile mode, hovering between 6.45-3.49.
Technical analysis RSI overbought: The current RSI is in the overbought zone, indicating that bulls are still dominant, but it also reveals that the upward momentum may be weakened. Negative divergence: The RSI and price trends are inconsistent, which suggests that there may be a pullback. Key moving average: If it falls below and closes below the 20-day moving average, it will trigger a sell-off. NEAR may retreat to the 50-day moving average, or even test the solid support of 5.0.
Brothers, this time NEAR's trend has both the opportunity to break through and the risk of shocks. The strategy is simple: keep a steady mind, follow the breakthrough, and absorb the callback. Don't rush to chase the rise and sell the fall. I hope everyone can make a steady profit with NEAR! ✨
Brothers, BTC has just broken through the upper edge of the triangle! What does this signal mean? It indicates that the bulls have gained momentum and are ready to charge! If it remains stable, breaking the previous high is just a matter of time. Once it breaks through, what’s the next target? That's right, it's 100000+!
Why is breaking the previous high important? Simply put, the previous high is the market's 'ceiling.' Once broken, there are no more resistances, and the bull market train will accelerate wildly! Recently, the bulls have been unstoppable, and the bears simply can't hold them back. Given this momentum, it’s highly likely that we will head straight for new highs, turning the six-figure mark into the new consensus of the market!
The horn of the bull market has sounded, and now it’s time to focus on mindset and rhythm!
If there’s a false breakout, the drop can also present opportunities; both bulls and bears have chances, so keep a close eye on key positions!!!
Since breaking 2.37 on November 9, SUI has surged vertically, with the bulls fully unleashed! Although the bears have attempted to strike a few times, the bulls have aggressively bought on dips, firmly holding onto the market.
Short-term Target and Key Resistance:
Currently aiming to hit 4, with the bears likely to fight hard to block it. However, if the bulls are even stronger, the price may surge to 4.36, and even further reach 4.83.
Downward Risks and Key Support:
Brothers should pay attention to the 20-day moving average (3.5993), which is the bulls' bottom line. If it falls below and closes under this level, it indicates that the bulls can no longer hold, and the market may slide down to around 3.35.
4-Hour Chart Analysis
Looking at the short term, SUI has been able to find support near the 20-EMA on each pullback, indicating strong buying power. If the price can break through 3.93, it is very likely to continue climbing to 4.36, then targeting the 4.83 level.
But! If the price falls below the 20-day moving average, caution is warranted, as this means the bulls may be taking profits and exiting. At that point, SUI may test the support of the 50-day moving average, and if that also fails, the price could return to 3.35.
If it breaks below 3.35, the only key support for the bulls is 2.57; if that cannot hold, it will slide down to the support level of 2.36.
Bulls and bears need to take their own measures, keeping a close eye on key positions.
Brothers, as the market rises higher and higher, don't chase the price impulsively, maintain your mindset and wait for a breakout to get in. Proper capital management is essential, stabilize and do well, and remember to come back and boast after making a profit~😉
AVAX market analysis: Battle for key resistance line, breakthrough or pullback?
AVAX has been strong recently, rebounding from the 20-day moving average (30.60) on November 15, and then touching the resistance line of the rising channel on November 17. The current market is in a stalemate between long and short positions, and the price trend will soon be revealed! Bull opportunities:
1. Technical positives:
The 20-day moving average is trending upward, indicating that the overall market is still bullish.
RSI is close to the overbought area, indicating that the bulls are strong and the possibility of breaking through the resistance line is high.
2. Key target position: If the resistance line is broken, AVAX may rise to 42 first, and the more optimistic target is 50, and the feast of bulls may begin. Bearish Challenge: 1. Strong resistance: If the price fails to stand above the channel, it means that the bearish selling action is still strong, and the market may pull back to the 20-day moving average (currently around 30.60). 2. Downside risk: Breaking below the 20-day EMA may lead to further declines and retesting the bottom support of the channel. Short-term observation: The 4-hour chart shows that the bears are stubbornly defending the channel resistance line. Now is a critical moment: Upward breakthrough: If the price rebounds from the 20-day moving average and breaks through the resistance line, it may go straight to 42, or even further challenge 50. Downward adjustment: If it falls below the 20-day moving average, the bears may make a comeback, and the target may first be the 50-day moving average, and further look to the 31 support. Trading strategy suggestions: 1. Long strategy: After breaking through the channel resistance, you can consider chasing more. Target: 42-50. 2. Short-selling strategy: If it falls below the 20-day moving average, short-selling can be done. Target: 31.
The current AVAX trend is at a critical point of breakthrough or correction. Brothers, keep your mind steady and wait for the breakthrough signal before taking action. Opportunities will not be absent! 📈🚀 #AVAX、ROSE、ADA大额解锁
Bitcoin price analysis: Breakout is imminent, bulls or bears are about to win!
Bitcoin has recently been hovering around the 92000-93274 resistance area. Bears are trying to prevent it from rising further, but bulls have held their ground and have not given in easily, giving the market hope for an uptick.
Key point analysis: 1. Bulls' advantage: If the price breaks through 93274 and stands firm, bulls will usher in a big outbreak, with the target directly at the psychological level of 100000. After breaking through 100000, the next target may be 113331, which will become a new battlefield for bulls. 2. Short defense line: If bears pull the price back below 85000, the trend may weaken and fall further to the 20-day moving average (89700). Falling below the 20-day moving average will rekindle the bearish force, and the market may enter a deeper adjustment phase. Short-term trend: Symmetrical triangle pattern On the 4-hour chart, a symmetrical triangle is formed, suggesting that the market is in a stalemate: Upward breakthrough: If the price breaks through and stands on the upper edge of the triangle, it will start an upward trend to hit 100,000. Downward breakthrough: If the price falls below the lower edge of the triangle, short-term bulls may take profits, and the price may fall back to 85,000 or even 80,000. Operation suggestions 1. Break through 93274 and follow the long position: target: 100,000, and look at 127,960 after the breakthrough. 2. Fall below 85,000 and go short: target: 80,000. Bitcoin is standing at a critical node. Breakthrough or callback, the victory or defeat may be revealed in the next few candlesticks! 🚀 #英伟达财报即将公布
TRB successfully bottomed out, bulls counterattacked strongly, brothers, the opportunity has come!
Since TRB hit the resistance level on November 10, the price began to fall, but stabilized at the Fibonacci 38.2% (65.428) position, and formed a resonance support with the 20-day and 50-day moving averages, showing strong resistance to decline. The bears tried to break through this support for five consecutive days, but failed, and the volume was gradually shrinking. Now, the bulls have regained control of the situation and are ready to counterattack! Strategy analysis: 1. Entry point: Currently, the area around 65.4 is a high-quality entry point, with strong support and bullish momentum, which is worth paying attention to. 2. Profit target: The first target: the previous high of 109.648 (upper boundary of the channel). Target after the breakthrough: If the channel is broken, the price is expected to go straight to the 150 mark. 3. Risk control strategy Stop loss suggestion: stop loss decisively if it falls below 65.4 to avoid further retracement risk.
Brothers, the opportunity is now! The bulls are already on board, are you ready? 💥🚀