The key to success lies not in how much ability one has, but in steadfast determination and infinite patience.
Bitcoin's price has once again fallen back into the downward channel of the 4-hour candlestick chart, with resistance and support levels having swapped places again. Today's rebound situation is quite decent, having broken through this wave's upward channel, which means the rebound will continue. This indicates that Bitcoin is still accumulating strength below and will attempt to break through the important threshold of 70,000 again in the future.
Operational Suggestions:
Bitcoin: Buy at 68,000-68,500, target 69,500-70,000, stop-loss at 67,800.
Altcoin: Buy at 2,430-2,460, target 2,550-2,600, stop-loss at 2,400.
Early morning of November 4th VIP big pancake layout: enter long near 68094, smoothly direct at 69100, gained 1006 points, 100 BTC at 200 times, pocketing 93,600 oil↓
Ideal and effort are the twin wings of success; only when the two are combined can we soar towards higher goals.
Every failure is a learning opportunity; the more setbacks, the more courageous we become, moving towards a brighter tomorrow.
Currently, the trend of Bitcoin at the daily level shows that after today’s close, it rebounded all the way. In terms of indicators, the current ma5 suppresses the price breakout, and the daily level has reached five consecutive bearish candles. Similarly, at the 4-hour level, there is not much bullish increment. Regarding the outlook for this week, my personal view is that the daily bearish trend will continue.
Trading Suggestions:
Bitcoin: Short at 69800-69500, target 68500-68000, stop at 70000
Ethereum: Short at 2520-2490, target 2400-2350, stop at 2550
(The market is changing rapidly, for reference only!)
The Bitcoin 4-hour chart shows a low-level double bullish rebound, recovering part of the morning's pullback range. The quick rebound after a steady decline indicates that if the closing price is high, the next day's opening may be a consolidation correction strategy, possibly accompanied by a secondary dip and recovery. However, in the short term, a slight stop-loss oscillation will form above the 67000 low. At the same time, it also constructs a small-scale cycle chart's ABC small three-wave rebound correction.
Trading Suggestions:
Bitcoin: Short at 69000-68800, look at 67500-67000, with stop at 69200.
Ethereum: Short at 2480-2450, look at 2350-2300, with stop at 2500.
(The market is constantly changing, for reference only!)
November 3rd VIP Big Pie Wave ②: Entered short near 68763, the spike was not successfully direct, but it ultimately reached the target of 67700 for direct exit, making a profit of 1063 points.
Investing requires confidence; without confidence, one will fail.
Investment must be rational. If you cannot understand it, do not engage in it.
The technical structure of Bitcoin shows a clear downward trend in the current candlestick chart. Combined with the daily chart, the high-level stagnation along with four consecutive bearish candles indicates that the price has fallen below the middle support line of the daily chart and is continuing to increase in volume. A slight rebound is normal and will not lead to significant movements, so in the short term, it should mainly be treated as low buying.
Operational Suggestions:
Bitcoin: Buy at 68000-68300, target 69500-70000, stop at 67800.
Altcoin: Buy at 2430-2450, target 2550-2600, stop at 2400.
(The market is ever-changing, for reference only!)
November 3rd early morning VIP big pie layout: enter short near 69400, exit directly at 68400, gain 1000 points, 200 times 100 BTC, pocket over 93,100 oil↓
Anyone who claims they can always buy low and sell high is definitely lying.
I am able to avoid disaster because I always throw too early.
Bitcoin daily chart shows the market structure continues to maintain a bullish trend. The Bollinger Bands are exhibiting a converging upward trend, indicating that market fluctuations are gradually narrowing. After attempting to break through the upper band, the price failed to sustain it and instead retreated with a bearish candlestick, but ultimately found support above the middle band. This trend indicates that the overall direction of the market remains bullish. Attention should be paid to the support strength around the 67,000 points level. If this position can effectively support, a bullish strategy can be adopted directly; if this key support level is breached, flexible responses should be made according to real-time market conditions.
Short-term suggestions:
Bitcoin: 67800-68300 buy, target 69500-70000, stop loss 67500
Ethereum: 2430-2450 buy, target 2500-2550, stop loss 2400
To achieve success, one must have sufficient free time.
Bitcoin is still only adjusting on the technical front; the downward trend offers long-term bullish investors another opportunity to enter before the end of the year. However, it's not advisable to jump in directly at this moment. The short-term bullish structure has been broken, and the daily chart has formed a dead cross, necessitating a reevaluation of thoughts and direction.
Operation Suggestions:
Bitcoin: short at 68800-68500, looking for 67500-67000, with a stop at 69000.
Ethereum: short at 2480-2450, looking for 2350-2300, with a stop at 2500.
(The market is ever-changing, for reference only!)
Welcome to today's new partners, 12000 oil! Although the weather is not as good on weekends as it is during the week, there are more people with time, and there are still many who need help!
Timing may not determine all trades, but it can determine many trades.
The 4-hour chart of Bitcoin is currently facing resistance around 71500 for the second time. Combined with the daily chart indicators needing correction, there may be a short-term pullback. The upper resistance point is 71500 as a key level of support and resistance. The small wave layout can first look towards this point, while the lower support to watch is the ascending trend line around 68500, observing whether it stabilizes or breaks.
Operational Suggestions:
Bitcoin: Long at 69300-69500, target 70000-70500, stop loss at 69000.
Altcoin: Long at 2480-2500, target 2600-2650, stop loss at 2450.
(Conditions are constantly changing; for reference only!)