Hello siblings,
Here’s the report: The alarm at 8 AM has just been handled. Monitoring Binance’s 330 coins, there were 10 alarms, which is still relatively low compared to the 7 alarms at dawn.
Building the trading system:
To express my gratitude, I won't take positions; I will take people. I plan to initially take 10 people, teaching them personally to create their own trading systems, completely free of charge, without compensation.
Condition 1: From today, for three consecutive months, daily comments and shares on the messages I send.
Condition 2: Promise not to engage in contracts for 3 years after learning.
Condition 3: Promise to teach 10 people for free to create trading systems using the same teaching approach after learning.
First, let’s talk about the market:
Currently, the market's 4-hour price has been consolidating overnight and continues to test near the daily line. Indicators show a 4-hour level divergence, and the double-bottom structure continues to hold. If there is a breakout with a large bullish candle, it will lead to another wave of market increase. Meanwhile, the daily and weekly support remains effective, and the weekly market structure is performing well, still favorable for the monthly structure formation. Whether a monthly-level market trend will begin, next week will be a key week.
Details:
At 8 AM, the structure observation for 330 altcoins on Binance is as follows:
Alarm information and structure analysis as follows:
Market weekly structure: The weekly structure has appeared, and the structure remains intact.
Market monthly structure: In preparation.
330 altcoins weekly structure:
Today 93 / Yesterday 81 are in preparation for the weekly structure, cumulative increase.
330 altcoins monthly structure:
Today 162 / Yesterday 170 are in preparation for the monthly structure, cumulative decrease.
330 altcoins weekly and monthly structure synchronously:
Today 51 / Yesterday 51 are synchronously preparing the structure, no cumulative increase or decrease.
The conclusion is: wait for the structure signal to appear.
Operational aspects:
Only weekly structure signals: enter at key signal positions, take profit at previous high positions on the weekly, stop loss at previous low starting positions.
Only monthly structure signals: enter at key signal positions, take profit at previous high positions on the weekly, stop loss at previous low starting positions.
Weekly and monthly synchronous structure signals: enter at key signal positions, move take profit, stop loss at monthly starting positions.
Trading logic: Do not trade without structure appearing; buy with full margin when the structure appears, and exit gradually when the structure disappears.
Dragon Country stock closing situation: bearish, will continue to analyze on next week's opening.
Note ⚠️ All trades mentioned are based on personal experience. Trading involves risks; exercise caution when entering.