November 21, 2024 08:00-12:00
Hello brothers and sisters, here’s a work report:
Short-term fluctuations can be full of randomness, excessive attention may lead to premature exits or erroneous decisions. Insight: Using weekly or monthly charts as reference provides a clearer view of the overall market. Let’s strive together 🙏
Monitoring Binance's 330 altcoin entry signal alerts:
Last entry signals: 4, Current entry signals: 10
Market entry signals continue to decrease, altcoins are not following the market uptrend, and bearish sentiment is evident in the market.
Overall market summary: High-level divergence and consolidation, correction imminent.
4-hour price continues to test upward, with effective selling pressure at 98000 and 100000. Daily and weekly supports are effective, short-term correction, mid-term outlook remains bullish.
Overall weekly structure: Complete weekly structure
Overall monthly structure: Complete monthly structure
Ethereum overall summary: Seeking support, maintaining downtrend.
4-hour price is searching for daily and weekly support, structure shows selling pressure at 3200, 3500, and 4000. Testing the daily line and staying above the weekly line will trigger rapid increases.
Ethereum weekly structure: Complete weekly structure
Ethereum monthly structure: Complete monthly structure
Altcoin overall structure: Altcoin season, after the first round of catch-up, a correction begins.
Monitoring scope: 330 altcoins on Binance
Comparison of yesterday's and today's structure:
Weekly structure: 187/210 Quantity increased
Monthly structure: 149/155 Quantity increased
Weekly monthly structure: 130/133 Quantity increased
Judgment range for the start of altcoin season:
Monthly structure greater than 150, or weekly monthly structure greater than 100.
Altcoin summary: Altcoin season is still on, hold onto your spot, set good take-profit and order prices.
Regarding operations: Structure orders have been issued, make orders according to the entry range, place orders to receive goods, hold on and don’t fear market fluctuations.
Order logic: When structure appears, enter fully in multiple coins, when structure disappears, exit gradually, do not hold empty positions waiting for structure.
Recently offering free assistance to 10 people to build their own trading system, please refer to the thank-you letter for details if needed.
Note ⚠️ All orders issued are personal experiences and should not be considered investment advice. Trading carries risks, and entry should be cautious.
