ETH expectation is 3539 4H closing confirms the K-line entity is above 3099 will reach 3539 BTC expectation is 104410 4H closing confirms the K-line entity is above 93080 will reach 104410 If above then around December 13, it really meets the above expectations.
4H close above the previous high can only confirm the reversal of the 1D or 4H level downtrend to an uptrend.
BTC 4H If the 4H close is above the red line, it will reach point D Otherwise, it can consolidate in the green zone If the 4H reaches point D or closes below the green line A new update will be made
ETH 4H If the 4H close is above the red line, it will reach point D. Otherwise, it can consolidate in the green zone. If the 4H reaches point D or closes below the green line, ETH will have a new update $ETH
Recently, many people have asked me about ZEC. Our previous view (from the post on the 22nd) that 424 is the support level still stands.
ZEC is not that complicated; it's a large rectangular fluctuation. If the 1D loses 424, the vertical height of the black rectangle equals the decline.
Additionally, observe the blue line; when all the candlesticks are above the blue line, the bulls dominate. Currently, it is below the blue line, indicating that the bears are in control. The strategy for the rectangle is not to go low for a long position and high for a short position until one side breaks through or falls below $ZEC
The black line AB represents a complete downtrend. The current market is rebounding upwards. The 1D 20 moving average overlaps with the Fibonacci key retracement trend of segment AB.
Therefore, the red area is the best short entry zone, and the green area below is the best long entry zone $BTC
BTC 1W (11-27) The weekly K-line meets the expectation of an irregular bullish shark on the 24th At the same time, it reaches our expected green line $BTC
#ETH 4H (11-27) 4H has an irregular bearish bat harmonic pattern Point D is the best entry for shorts Additionally, wait for the price to drop below the 1H low to confirm that the smaller upward trend has changed before choosing to enter short Currently, there is none, so we can only watch $ETH
#ETH 1D (11-27) The current market has rebounded to the Fibonacci key trend of segment ab 0.382 and 0.618. Whether it moves from 0.382 to 0.618 depends on whether the 4H or 1H can form a bullish continuation structure. Currently, the small-level consolidation near 0.382 is unclear. So we can only continue to wait and observe.
The green area below is the bullish trading range for the future 1D level $ETH
#ETH 1W (11-27) The weekly ETH K aligns with our expectation of a rise on the special weekly candlestick on the 24th However, it did not hit our entry point on the smaller level There was a mistake here The mistake lies in the technical analysis perspective When the market strongly rises and corrects, we should enter at 0.382 Looking back at the entry suggestions for the smaller level on the 24th All suggested were 0.5-0.618 0.382 is technically correct, while 0.5-0.618 is the psychological expectation Although the weekly K perspective is correct, the entry on the smaller level is not correct
At the same time, from the weekly K perspective, if it breaks 2111, it will reach 1666.$ETH
The overall market meets my expectations and is expected to rise around the 23rd The current rise has been ongoing for 6 days According to Fibonacci dates 3-5-8-13-21 It is near 5 1. Consolidate for 3 days to make the rise close to 8 days, combined with weekend shenanigans 2. Today the market touched a high and then retraced
SOL 4H(11-24) The special red K in the 4H upward trend overlaps with the key Fibonacci retracement range of this trend. The green area of this red K is the best entry area for bulls. Due to lower expectations at the 1D level, this area should not be over-leveraged.
XRP Weekly K (11-24) The weekly K shows a bullish bat harmonic structure completed As long as the weekly K does not lose the red line, it will test the upper green K
Since the weekly K level is not suitable for trading We only need to understand this expectation $XRP
ETH 4H (11-24) Special candlestick patterns in the 4H rising trend overlap with key Fibonacci zones in this rising trend Therefore, this zone is the best entry point for bulls $ETH
ETH Weekly K (11-24) The black line rising market is a complete trend The special K lines in the trend are support intervals
In the overall trend of ETH, there are 3 red K lines The 1st red K line has been used and has risen Currently, it is the 2nd red K line The 2nd red K interval should also see a rise
If the market further collapses in the future ETH will rise in the 3rd red line interval The issue to be addressed next is the entry point of the 2nd red K line $ETH