$AGLD really wants to take it back, but the current price is very awkward, tasteless to eat but a pity to discard. At the 1-hour level, if it goes down, it's 1.81, if it goes up, 2.42 is the resistance level. Let's wait a bit longer.
$VANA 22 USD cashed out, bought at noon, bought in the afternoon, made 1300 from 500, feels like I got out too early, if it drops I'll buy back in, if it goes up then I won't think about it anymore. Now I'm holding my me and zen, zec definitely feels like a loss and doesn't seem to be coming back. My thinking has become clearer these past few days, always need to focus on strong coins, just buy from the gainers list, picking the wrong coins makes earning money really exhausting.
$AGLD 2 US dollars ran away, in the past two days I made 10,000 US dollars, this coin shows signs of starting, but likes to spike, can continue to observe.
Record the model of new coins in the cryptocurrency circle
First, we need to determine what the project's purpose for listing on Binance is, which is certainly to cash out. Therefore, most coins should be viewed from a bearish perspective. Long-term unlocking is equivalent to increasing issuance; the higher it is pulled early on, the greater the space for bears.
As long as it's a new coin that hasn't been listed on other exchanges, especially those that involve staking BNB for mining, the first wave will definitely decline in the long run. Even the most popular coins from back then, like SOL and FIL, also dropped for several months before consolidating at the bottom and then rising.
So the model for launching new coins is bearish in the first month, so every time it rises, reversals on the 1-hour and 4-hour charts can be shorted.
Additionally, many new coins initially do not have contracts open; for example, the recent COW and USUAL. Basically, once they stabilize on the 4-hour chart, you can go long because it is evident that the project needs to pull up to be profitable.
This square is mainly used for operation records, which can also be considered a review. Previously used Feishu for review, but it wasn't very convenient. If anyone has their own opinions, feel free to leave a message. Keeping daily records can help adjust one's trading pace, the current position of BTC, the daily increase, and whether strong whale coins have been found—all of these need to be tracked.
天道作手
--
Bullish
Last night, BTC held the expected support at 94,000. Now, a reversal candlestick has formed on the 1-hour chart, with short-term expectations above 99,000.
In terms of operations, the first possibility is a pullback on the 1-hour level tonight, where it would again support at the lower point of today, forming a 1-hour engulfing pattern in the candlestick, which would basically confirm the reversal at this position.
The second possibility is that it directly rises tonight to test the resistance level at 99,000.
As for the expectation of a decline, there is an upward demand on the 4-hour level, and when the sharp drop occurred last night, a large number of buy orders accumulated below 92,000, indicating that there is still strong buying pressure now.
Regarding zen, a reversal candlestick appeared on the 4-hour chart this morning. If it cannot engulf tonight, a short-term pullback is still expected. The first resistance level is at 35, and the second is at 40. If it can break above this level, we will see 100.
AGLD was also very strong earlier, but this coin often has pump-and-dump behaviors, so caution is advised. Pay attention to small bearish and bullish candles.
DF remains strong and has started to show an engulfing pattern, making it a candidate for long-term attention.
Last night, BTC held the expected support at 94,000. Now, a reversal candlestick has formed on the 1-hour chart, with short-term expectations above 99,000.
In terms of operations, the first possibility is a pullback on the 1-hour level tonight, where it would again support at the lower point of today, forming a 1-hour engulfing pattern in the candlestick, which would basically confirm the reversal at this position.
The second possibility is that it directly rises tonight to test the resistance level at 99,000.
As for the expectation of a decline, there is an upward demand on the 4-hour level, and when the sharp drop occurred last night, a large number of buy orders accumulated below 92,000, indicating that there is still strong buying pressure now.
Regarding zen, a reversal candlestick appeared on the 4-hour chart this morning. If it cannot engulf tonight, a short-term pullback is still expected. The first resistance level is at 35, and the second is at 40. If it can break above this level, we will see 100.
AGLD was also very strong earlier, but this coin often has pump-and-dump behaviors, so caution is advised. Pay attention to small bearish and bullish candles.
DF remains strong and has started to show an engulfing pattern, making it a candidate for long-term attention.
There is still no sign of a bottom in the morning, the lowest price of 94500 at 8 AM has now been breached. If there are no signs of stabilization in the afternoon, then BTC will drop to 90000.
Another possibility is a quick rebound to 97000 with support at 92000. Most altcoins have basically stalled; it's better to wait for BTC to stabilize before entering. Entering now may face a potential 20% drop.
$BTC suggests that those who want to trade cryptocurrencies should research the US stock market. The future rhythm of the cryptocurrency market is expected to be similar to that of the US stock market. Since the last wave began, Grayscale has made substantial profits, attracting more investment institutions into this market. In the future, this will be a market controlled by institutions, and the previous logic of miners supporting the market has changed.
Miners are long-term holders, so they have their own holding costs. When prices are high, they mine and sell coins; when prices are low, they buy and hold coins. Previously, the coins mined daily by miners had a relatively dispersed selling pressure, making it easier to change hands when the market rallied. But now, the focus is primarily on the holding costs and selling expectations of institutions.
So when you have free time, study the US stock market.
In the third phase, do not expect too high an increase in BTC; the market cap is too large now and cannot be compared to a few years ago—100 times in 2017, 20 times in 2021, and already 7 times this year. The real money-making opportunities are still in those small-cap altcoins, where it is quite normal to see a 30-100% increase in a single day.
$SOL found that the coin stopped falling in 4 hours, so he bought some positions at 184.5. He expected to see whether the pressure level of 190 could be successfully taken. Of course, the 4-hour K-line could not be swallowed up. Basically, 183 is the reversal line. As long as this line stands firm, there will be no problem above 200.
Ordi was bought at 35 before, and then sold at 40. The rally was too weak, and the selling pressure was too heavy. This coin is now mostly being speculated on by retail investors in the crypto market, while institutions are not paying attention at all. Furthermore, there are too many profit-taking positions from the previous phase, so if it wants to truly make an impact in the secondary market, it is likely to need some time to consolidate.
Btc-蛋总
--
ORDI, a coin with a low market value, has a similar amount of liquidation as PEPE, XLM, PNUT, ARB and other large-cap coins. This shows one thing: there are many people who are long ORDI. Everyone is optimistic about it, and the car is heavy.
This is like ETH a month ago. Everyone is optimistic about it. It is not that it cannot rise, but the process is a bit difficult. The bulls are almost dead, so the car is lighter.
The new coins launched in the past six months, or the old coins from 3 years ago, are much lighter.
Many mainstream altcoins like BCH and LTC have completed ABC structures and are now in a bottom consolidation phase. If BTC drops sharply, and these coins do not follow the drop but instead consolidate, they are the ones to focus on for potential upward movement after the C wave reversal. The first large bullish candle on the hourly chart is the entry point.
天道作手
--
$BTC shows that there is still downward momentum when viewed from the 1-hour level, prepare to ambush below 94000. The main focus is still on buying the strong currencies from the earlier period, such as df, zen, and xlm. Many of these have the opportunity to pull back after starting on the daily line.
If the daily chart is undergoing an abc adjustment, there should be one more wave rebound. The current pin can be viewed as the decline of wave a.
天道作手
--
$BTC shows that there is still downward momentum when viewed from the 1-hour level, prepare to ambush below 94000. The main focus is still on buying the strong currencies from the earlier period, such as df, zen, and xlm. Many of these have the opportunity to pull back after starting on the daily line.
$BTC shows that there is still downward momentum when viewed from the 1-hour level, prepare to ambush below 94000. The main focus is still on buying the strong currencies from the earlier period, such as df, zen, and xlm. Many of these have the opportunity to pull back after starting on the daily line.