Hello hello! Welcome to the exclusive channel of the new crypto UP master—Little White! Here, I will bring you free 'real trading analysis' every day. Please don’t take it seriously, it is purely entertainment (disclaimer). If there are any similarities with predictions, it’s purely coincidental (dog head).
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Remember, trading is just a journey of growth in our lives. Don't focus too much on gains and losses. Happy trading is what matters.
Today, let’s first look at the weekly chart as it opens:
The highest point last week was 1046, and it closed at 1044, so there is still some pressure.
Looking at the MACD, it starts solid. Plus, with the Spring Festival and Christmas approaching, as long as it is suppressed between 1046 and 1053, it basically confirms a downtrend. Friends with long positions should be careful of a pullback; set profit loss at 1025. For long positions above 1025, try not to overtrade.
Now let's take a look at the daily chart:
There are no obvious signals for a pullback; if the MACD turns green soon, we still need to be cautious about the rise. Small target is 1060, large target is heading towards 110,000.
Let's take a look at the smaller timeframes:
Just as I wrote this, it broke out with volume (amazing). I can no longer see the target, not sure if it’s the market maker pushing up to sell or if the market FOMO continues towards 110,000. I have a short position at 1061, stop loss at 1066. Of course, it’s best to wait and see; missing out shouldn’t lead to losses. (The points you observe shouldn’t be in vain.)
I'll observe again tonight and share with everyone.
The morning trading analysis is complete. What do you all think? Feel free to discuss in the comments. Here is your little white, providing daily free analysis (heart emoji).
