Good evening everyone, happy weekend! Today's evening report + review is here.
There’s not much to review, the weekend is in an endless sideways trend, and the fluctuations are pitifully small. I’m home now, can go crazy with updates! There’s still a month until the New Year. Can everyone make some money to go home for the New Year?
Being a short-term trader is the hardest; basically, it’s all about making profits or losses within the day. Those who claim to be long-term or spot traders have it easier; they just keep asking you to add to your position or hold on. They release their other altcoins, and you’re stuck with your altcoins. So, I say you only need to buy one or two spots. If you divide your funds into 10 parts to buy 10 altcoins, each altcoin needs to double for you to make 10%. But it's quite rare for them to double. Therefore, most traders consider a 10% increase as making profits, but in fact, it’s only 1%? For large funds, just pretend I didn’t say anything. The square is still more about small retail investors. What everyone is harvesting are these small retail investors 😂. No more complaints, let’s get to the point. Those who like to see daily analysis of Bitcoin and Ethereum can follow.
$BTC points, the 9-10w fluctuations won’t change. Upper resistance levels at 95000, 95555, 96300, 97000, 97666, 98300, 99000, 99500, 100000. Lower support levels at 94000, 92800, 91800, 91000, 90000.
$ETH Ethereum upper resistance levels at 3370, 3400, 3435, 3470, 3500, 3550, 3600. Lower support levels at 3345, 3315, 3280, 3250, 3225, 3200, 3150, 3100, 3050, 3000. Recent points of all levels.
$SOL SOL no short-term operations, short around 200, long at 175-180, stop loss 5-8, take profit 13+. The risk-reward ratio is reasonable.
Evening thought summary: Weekend fluctuations rarely hit take profit or stop loss. Be patient and hold, still low long remains unchanged. For those with no positions, go long around 94000. Stop loss below 92500. First take profit target looks at 97000. For Ethereum, long around 3315-3325, stop loss below 3250, first target around 3400. For SOL, long around 175-180, stop loss 5-8 points, target 190-198. If anyone has questions, feel free to leave a message.