#BTC走势分析 Macroeconomic analysis: The Federal Reserve will raise interest rates, and the trade war has temporarily come to a halt. These are positive news, but they will not affect the trend. The trend will not change due to news or reverse due to market manipulation; these can only have a short-term impact on one or two candlesticks. However, the market has no money left; without money, how can there be a significant rise? My judgment is that a phase of bear market has long arrived. Each rise is just institutions offloading, which does not affect the downward trend unless the physical market stabilizes at 1165. Therefore, the strategy is: long bearish! From the weekly perspective, the bottom pin may be around 88900, where long-term buy orders can be placed. The large top is approximately in the range of 13500-15000. If the price falls back to this area, we can gradually allocate mainstream coins. I don't want to deal with altcoins anymore; they have no bottom. Even if you think you are buying at the absolute bottom, they will still break your lower limit.
Really crazy... This market situation is unmanageable, it still has to go down
lengbingqi
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#ETH Two types of trends, two key points, one is around the high point of 3900, breaking upwards to test around 4240's OB, breaking down may directly crash to 3500; the second is 4295, if it stands above that, then it will test around 47's bearish OB, and there is a possibility of hitting a new high.
#ETH Two types of trends, two key points, one is around the high point of 3900, breaking upwards to test around 4240's OB, breaking down may directly crash to 3500; the second is 4295, if it stands above that, then it will test around 47's bearish OB, and there is a possibility of hitting a new high.
The drawback of technical analysis is that it cannot prevent Dogecoin behavior; a pin bar removes liquidity both above and below, which is why people are hesitant to place limit orders on the left side of Ethereum. It hits your stop loss and then moves on.
#BTC has broken down or is going down, both Ethereum and altcoins have reached a bearish OB and started to decline, SOL spiked and then went down, it seems very likely that it will continue to fall, currently Bitcoin is the weakest.
Gold is bound to retrace; the logic is that the target of Fibonacci extension 2 since 1999 has been reached. When others panic, I am greedy; when others are greedy, I panic. Gold has been liquidated.
#ETH I didn't dare to act last night, let's review it. The 4-hour downtrend structure showed a bearish order block during the backtest last night, m15po3. I entered short at two positions: one was a fake breakout followed by a rebound at the rang-h when it fell back into the range, and the other was when it broke the range and rebounded near the bearish order block at eq. However, when it broke 4042 and closed with a pin bar, I was a bit hesitant to go short. In the end, it still smoothly pierced down below eq. In such situations, I don't regret not taking action.
Comparing 1011 to 312 and such, what I am actually comparing is this date: 2011 12.4. On this day, the pin insertion extreme value was 24%. The most important thing is the cycle/high position it is in, the double top of the large cycle, a sudden crash after continuous plundering at the peak, and then it turns bearish!