My trading system is very simple, it doesn't require watching the market all the time. Everything is set up in advance. If you look at the historical records of the articles I've posted, you should be able to tell that all positions are given 1-2 days in advance, and some even longer. When you catch them, it's a big profit, and the hit rate isn't 100%, but there's a 90% probability. Whether it's the entry position or the exit position, they all yield high returns and have a super high risk-reward ratio. What trading requires is patience; you can wait a month for your salary at work, but can you not wait a few days when trading cryptocurrencies? Look through the articles I post more often, and you can learn too. The charts I post now basically come with an explanatory chart.
$BOME Let's take a look at the current weekly chart, does BOME still have room to fall? This time it directly dropped back to the starting point from September. Let's take a look at the large-scale liquidation chart. Currently, we can see that there are no large liquidation zones below. Looking up, the 8594 zone is glaringly bright; this is a super large liquidation zone. The market is fair; it won't always let the bulls profit, nor will it always let the bears profit. Therefore, I believe there is no problem with liquidating to this zone, as there is only a 37% distance from the current price. If your cost position is much higher than the 8594 liquidation zone, then the closer you get to 5749, the easier it will be to lower the average price below 8594. Of course, trading cryptocurrencies is not just about getting out of losses; hitting this point, sell the additional positions without hesitation and buy back when it drops.
$WIF Let's take a look at the weekly chart, how much further can WIF drop? After the first peak, it dropped 60%, the same happened the second time. After the first peak, it rebounded 100%, I don't know how much it will rebound the second time. Let's take a look at the liquidation chart, looking down, 1.69 is the last large liquidation range, going further down would mean hitting the uncharted territory. Looking upwards, the brightest short liquidation area is around 3, and the current price has a 56% space to reach 3. I believe there is no issue with liquidating here. If your cost position isn't good, then the closer you get to 1.69, the more you should increase your position to lower the average cost until it is below 3. This way, when it rebounds to 3, you can sell off the additional positions and free up capital. This is my current operational thought process, for reference only.
The basic surface display of $BTC 4H shows that the support level in the 92449 area has been tested three times. Without breaking through the resistance level of 99160, it may continue to test the 92449 area. If it falls below that, the target will be around 859. If 92449 support holds, it will continue to attempt to break through the 99160 area.
$ETH 4H The disk shows that after breaking through the 3531 support level, it touched the 3236 support level and rebounded to 3531, encountered resistance and fell back to near the 3236 support level. If the 3236 support level is broken, it will continue to test downwards. Before it breaks through, it will move in the range of 3236-3531. Don't think about seeing a higher position before breaking through 3531.
$SOL 188.95 area is a region that broke out after consolidating for 218 days. After a pullback, it has not recovered within 2 days of breaking below this area, so buying here is not recommended. For those who have already bought, it is not advised to add to positions; if you must add, it should only be within the 165–161 range.
On the daily chart level of $LPT , after breaking below the support level of 15.84, there were two rebounds that encountered resistance. If this level cannot be broken in the future, then it cannot be bought here; the only option is to buy near 9.68.
$PNUT 4H After breaking through the W bottom structure, it fell back and broke through. It has to go back to test the position of 0.786. As long as it does not fall below 0.786, there is nothing good to hold the spot. If it falls below, you can only wait for the subsequent structure to come out, and you can only watch, not buy.
$CRV The weekly chart shows that after consolidating for 553 days, it broke through the weekly resistance level of the 0.8267 area and completed a pullback action. The previous weekly candlestick did not break down. The closing of this week's candlestick is very critical. If this week's closing entity falls below the 0.8267 area, note that it is an area, then one can only wait until around 0.41 to buy.
On the daily chart, the price has formed lower highs, and the amplitude is gradually narrowing into a triangle. At this time, you should avoid trading this type of asset because there is no clear direction; trading would just be guessing. If the daily candlestick breaks below the triangle, then one can only wait to enter at 0.6. If it breaks upward, one can also wait for a pullback to enter. 15500009271
$PIXEL is indeed a game currency. It has fallen below all support levels and has not closed up for 4 consecutive daily lines. It is going back to grandma's house. There is still a 23% drop from the target.
$WLD Daily line level area 2.129 is a support-resistance swap level. The daily line entity cannot break below this level. If it does, there is a potential for a daily bearish flag structure, so be prepared for defense. If the entity breaks below 2.129, it could drop to a target level with a potential decline of 36%. Those holding long contracts may consider reducing positions or exiting. Here's a comparison chart; $BOME was an ambush like this, and $ORDI also manipulated us like this. Pay attention to defense, just stay flat in the spot market, and buy when it reaches the target level.
#goat 13 days ago, I said that if the daily line breaks below around 0.7165, we should consider exiting. It has dropped to the target level in 2 weeks, and now it has formed a daily level head and shoulders pattern. Therefore, if the daily line closes with a solid body below the 0.4452 area, those who went long should consider taking their profits and running.
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$goat If the daily candlestick breaks below around 0.7165, one should consider exiting, this position is very critical, it has held up 6 times before, whether it can hold this time I don't know, if it doesn't hold, I will pick up bloodied chips around 0.44
$ME There is too little K-line data for new coins, and the support and resistance levels are all paper-thin. Looking at the current 1H market, it is oscillating in this range. Whether there is a large-scale drop depends entirely on the mood of the project party. If people want to shop and spend money, they can sell coins. I don’t know where it will fall.
$AAVE Let's take a look at the weekly level chart. After breaking through the consolidation area for 854 days, it completed a breakout and pullback before taking off. After breaking through the second weekly resistance level, it did not pull back for a test. I personally feel it should touch 200; this way of moving is healthier. Still, the longer the consolidation period, the more retail investors cannot hold on, making it easier to rally later. 80% of the time it falls, and 20% of the time it rises. This opinion is for reference only.
On the daily chart for $TAO , if the support level of 481 is broken and has not recovered for 4 days, then there is a high probability of testing the 361 area. It must recover above 481 to turn bullish again.
The daily line of $NEIRO is currently hovering between 0.618 and 0.786. Until it surpasses 0.618, we can only watch; buying is not possible. If you want to add positions, you can only wait for the target level to add.
$LUCE #LUCE is currently out of the descending channel on the 4H chart. It can maintain an upward channel; as long as it approaches the lower trend line, it is a good time to enter. Those with heavy positions can reduce their holdings at the cost level and buy back when it drops.
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#LUCE reached the daily support and resistance exchange level, rebounding directly by 50%. If it cannot break through 0.08, it will come down again. Those who do not want to hold can sell a portion to recover some losses.