Hello brothers and sisters, a large number of altcoins are starting to quietly brew structures, and I am very happy to see this scene 😃. This morning at 8 am, the alarm was just handled, monitoring Binance's 330 coins, with 99 alarms, a significant increase from the 22 alarms in the early morning.
First, let's talk about the market. Currently, the market's 4-hour price has undergone a downward test overnight, and there is still no signal indicating the end of the pullback.
Details: This morning, I repeatedly analyzed the structure multiple times and observed the structure of the 330 coins, discovering that many altcoins are quietly brewing structures. Moreover, this morning, many structures showed a tendency to follow the overall market, which is a good trend. Often, if this situation is accompanied by monthly structures forming, it will kick off the altcoin season. Brothers and sisters, prepare your bullets and quietly wait for the monthly structure to appear. Once the weekly and monthly structures appear simultaneously, it will open up a trend for altcoins for at least a month. Everyone, pay attention to my news notifications in a timely manner.
Alarm information structure analysis is as follows: Market weekly structure: Weekly structure appears, structure remains intact. Market monthly structure: Monthly structure shape appears, structure is brewing and will be observed continuously. Altcoin weekly structure: Most altcoins are brewing structures, following the market. Altcoin monthly structure: Brewing, some are following the market.
The conclusion is: only trade weekly structures, accumulate bullets, and wait for the big structure to appear.
In terms of operations: Only the weekly structure has appeared; the monthly structure is still brewing. Exit at previous high positions, and set proper stop-loss and take-profit levels.
Trading logic: Do not trade if the structure does not appear; buy all in when the structure appears, and exit gradually when the structure disappears.
Stock market opening situation in the Dragon Country: Bearish.
Details: The market's 4-hour price continues to close with bullish candles and continues to test upwards. Since neither the weekly nor monthly structures have appeared, the overall situation still tests daily and weekly levels. Weekly structure: Not appeared. Monthly structure: Not appeared. Today's USD exchange rate: Opening continues to strengthen upwards. RMB exchange rate: Opening continues to weaken, medium-term stock outlook remains bearish.
In terms of operations: Stay in cash and wait for the structure to appear.
Note ⚠️ All trades mentioned are based on personal experience; trading involves risks and caution is needed when entering.
Відмова від відповідальності: контент містить думки третіх сторін. І не є фінансовою порадою. Він може містити спонсорований контент.Перегляньте Правила та умови.
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