Hello everyone, I am your cat, a friend came, I slept late in the morning, and I had something to do in the afternoon so I was delayed from posting. Let's continue to look at today's situation.
Written in front:
1. There is no market that only goes up and never goes down, and there is no market that only goes down and never goes up. There is no difference between oscillating upward and oscillating downward.
2. Before the non-agricultural data cut interest rates, each time the non-agricultural data is small, the non-agricultural data is large. No one knows whether the situation of first rising and then falling will repeat this time. All I can say is that you should pay more attention to the changes in prices. The price is moving fast when it rises or falls. For long and short orders halfway up the mountain, if there is floating profit, set a capital protection loss, and if there is no floating profit, set a stop loss.
3. Now it is a daily level correction. Will there be a 4-hour level rebound in the middle? No one knows. We can only see through the market that if those positions cannot go up and cannot stand firm, then the way they came up will still be the way they go down.
4. It takes time for a trend to form, and once formed, it also takes time to end.
5. A breakthrough requires a big positive line/a big negative line. The rise/fall in small steps is just a consolidation/oscillation market, and the intention of the main force cannot be seen in these market conditions.
6. People usually don’t eat only half of their meals, and the same applies to cleaning up.
7. If you are the kind of person who can’t stand missing out or a 2~3% divergence, don’t look at me anymore. It is impossible for me to publicly launch a very aggressive left position in the square. If that position really appears, you either dare not take it, or you cannot take it, or you cannot hold on to it after taking it, and a large number of high-multiple soda monsters will die.
8. Don't ask how to look at it all day long, ask how to look at it several times a day, and even ask how to look at it every 5 minutes. If you work harder, you can do 1-minute transactions. Don't be so impetuous. If you don't have any patience, you might as well donate the money directly to the orphanage. At least someone will remember your kindness. The position is marked early, and most positions have not changed for more than a week. When you reach that position, you decide your trading direction by yourself. You don't need to thank me if you are right, and don't scold me if you are wrong. I don't charge any fees, and I won't be responsible for your transactions. Be more mature, don't be like a giant baby.
A friend told me that I shouldn’t post every day, because there won’t be any problems with long-term trends. You can post bullish articles after the upward trend and bearish articles after the downward trend. You won’t be wrong, and everyone will say you are right. You won’t be scolded. Try not to use volume, price, and time to predict the reversal of the market. Even if you predict it correctly, few people will really follow your instructions to escape the top/buy the bottom. But as long as your prediction deviates, you will be scolded to the point of not being able to raise your head. But the market has already fallen, what’s the point of talking about it again? It’s like a cup of boiling water that has already burned your mouth, and then I tell you seriously, my friend, you can’t drink boiling water. What’s the difference?
On the left side, guessing the top and bottom is a daily routine. The winning rate on the left side is low, so you can't use high leverage, you can't go all in, and you can't resist single orders. I've said it countless times, countless times, countless times, why don't you listen?
I am not a teacher nor a great god, I just hope that through this method, more friends who don't know how to read the market can understand the logic of reading the market from the left side, instead of just staring at the K-line and thinking that they are working hard in reading the market.
Let’s start with $BTC
At the 4-hour level, there are signs of a bottom rise. However, when it falls, it rebounds and then falls. Therefore, before there is a higher support, we cannot assume a short-term reversal. Here, we need to break through 615-618 and not break 606 when we step back, as a preliminary signal of a short-term stop, and the support that has been tested and is higher than 606 will be a confirmation signal of a stop. Before that, all the rises can be "luring more".
Continue to watch the daily line
At the daily level, the initial stop-loss signal is to close above 613, and the confirmation signal is to close above 624. For orders halfway up the mountain, you can either bet on the size and take a stop loss, or go out of the trend and then step back before entering.
Continue reading $ETH
At the 4-hour level, Ethereum needs to be able to stand firmly at 2390 as a preliminary signal to stop the decline. If it cannot stand firmly here, there is no V-reversal. At the worst, it must stand firmly at 2344. If it cannot stand firmly here, there is no stop to the decline. The upper resistance level is 2390-2398, and the resistance level is 2419.
At the daily level, the lower track is 2236-2115, but Bitcoin has only adjusted halfway. It is questionable whether the lower track price is the bottom. The rise and fall are at the same speed. Ethereum is worthy of being Ethereum. Bitcoin has not appeared once, and it has accelerated its decline. He is impatient... If I buy more, I will continue to wait and observe the situation of Ethereum touching the lower track, and also observe the situation of Bitcoin. If Ethereum touches the lower track price before Bitcoin accelerates its decline, I will still not buy it.
Continue watching $SOL
Don't pay too much attention to where the price goes up, but pay more attention to where it falls back. If the price falls back but does not break 136.5, it is a preliminary signal to stop falling. If a support level higher than 136.5 appears, it is a confirmation of a short-term signal to stop falling. 140-142 is also a resistance level. It is better to look at the retracement than the breakthrough.
At the daily level, we can see our current position more clearly. Above is the obvious resistance level, and if there is a pullback, we are just halfway up the mountain. I don’t know whether you can buy spot at this position, but I won’t buy it anyway.
Finally, let’s take a look at BNB
BNB rebounded at the 4-hour level, and stabilizing at 549 is a signal to stop falling. This is a bit difficult. Let's see if 541 can stabilize. If it can stabilize, it can also be regarded as a signal to stop falling. A higher support level than the previous one that has been tested by stress is used to confirm the short-term signal to stop falling. Before we can get it, we can only continue to watch for callbacks.
The daily middle track price is 556. The possibility of a small step breakthrough is very low. It is difficult to stand firm if it touches the line. The daily line is above 556, which is a short-term recovery of the daily level bulls. Without a big positive line, it is unlikely that the 4-hour level middle track and the daily level middle track will have a real breakthrough.
