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1.$ALGO
If every time the downward insertion low point is getting higher and the high point is getting lower
we can expect to follow a converging triangle before breaking direction
2.$SOL
Currently following a flag pattern similar to BTC's six-month consolidation, every downward insertion closes above the channel
Pay attention to whether it can close back at 216, if it does, I will change to bullish
3.$XRP
A rapid rebound after a spike indicates a strong coin, last night I placed a support order at 1.96
The short position yielded good results, and currently it is also following a bull flag
If it can close above 2.24 (above the midline), I will also consider the outlook bullish
4.$DOGE
Like XRP, I also placed a support order at 0.366
After taking profits in the morning, I re-entered at 0.377
The stop loss is set at the support level, and only if it closes above 0.38 will I feel the probability of reversal is high
Honestly, I feel that the washout is about done, too many people are chasing longs before the announcement of interest rate cuts at the end of the year
The market makers are forcefully washing out to lighten the load
You can observe that before the US stock market closes, the ETFs are buying
But after the close, it drops
Isn't this the market makers clearing high leverage positions?
PS If you saw my instant entry post yesterday and made money, remember to follow + like it.
If every time the downward insertion low point is getting higher and the high point is getting lower
we can expect to follow a converging triangle before breaking direction
2.$SOL
Currently following a flag pattern similar to BTC's six-month consolidation, every downward insertion closes above the channel
Pay attention to whether it can close back at 216, if it does, I will change to bullish
3.$XRP
A rapid rebound after a spike indicates a strong coin, last night I placed a support order at 1.96
The short position yielded good results, and currently it is also following a bull flag
If it can close above 2.24 (above the midline), I will also consider the outlook bullish
4.$DOGE
Like XRP, I also placed a support order at 0.366
After taking profits in the morning, I re-entered at 0.377
The stop loss is set at the support level, and only if it closes above 0.38 will I feel the probability of reversal is high
Honestly, I feel that the washout is about done, too many people are chasing longs before the announcement of interest rate cuts at the end of the year
The market makers are forcefully washing out to lighten the load
You can observe that before the US stock market closes, the ETFs are buying
But after the close, it drops
Isn't this the market makers clearing high leverage positions?
PS If you saw my instant entry post yesterday and made money, remember to follow + like it.
Aviso legal: contém opiniões de terceiros. Não é um aconselhamento financeiro. Pode incluir conteúdo patrocinado. Consulte os Termos e Condições.
XRP
2,4273
+8.33%
SOL
228,58
+7.27%
ALGO
0,4507
+10.98%
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