Bat Harmonic Pattern Find X A point B point sequence is Fibonacci 0.5 C point at 0.886 D point also at 0.886 (ultimate target)
This order wants to take profits in batches because it is against the trend and is taking from C point to D point (normally, it is to take profits at the D point reversal area #ETH
(For sharing only, does not constitute investment advice)
In fact, for those doing spot trading, the rise of BTC and ETH hasn't brought much excitement
because most people hold a majority of altcoins.
Now that Bitcoin's market share has broken the trend line, if it can continue to fall below 64%, and the price of Bitcoin can remain above 100,000 before the US stock market closes tonight,
there is a high probability that the weekend will welcome a rebound in altcoins.
That's when the entire crypto market will celebrate~~ #山寨季開始 #山寨币热点
When the position arrives, should we take a gamble?
There are stop-losses and risk-reward ratios
Why not take action?
Left-side has always told everyone to trade with a light position and add to the position after confirmation on the right side
Ps: Rapid market movements are always accompanied by channels
Waiting for more structures for further trading!
Panda has never been a master of endless profits; stop-losses and take-profits are no different in my eyes, both are strategies within the trading system
1) Let's talk about the direction. Currently, it has broken through the mid-term low point below, forming a structural breakdown at the daily level, showing a CHOCH. The daily structure has shifted from bearish to bullish.
2) Currently, it is blocked by the supply zone's 1D OB.
What is interesting here is that this is not only the 1D OB of the supply zone but also the POC (Point of Control) of the left side's 100 days (M-top), as well as the 0.618-0.666 range of 109-745. This is a triple resonance on the price chart.
Four-Hour Level
1) The four-hour level is not just a consolidation area (trading range); its high and low points are constantly rising, but it is also blocked by the triple resonance of the daily price chart. The higher it goes, the more we should consider shorting with light positions on the left side, confirming before adding positions.
2) Below is the most critical area around 916. This price point has never been tested. A significant amount of liquidity has accumulated here.
3) Due to the daily level turning into a bullish structure, there is also a particularly important neckline around 88 below. This is a place to observe and consider adding to #BTC spot positions.
Two-Hour Level 1) First, let’s discuss why there is a price increase here.
Firstly, the area around 936 is the 0.618 Fibonacci level between 916-978, which is also the key point at the hourly level (this has been repeatedly mentioned during the live stream).
A price increase does not mean that, first, when the price has not broken through, we can trade within the range without any issue.
A breakout upwards sees the high point of the 1DOB, which is around 994.
Below, we need to pay more attention to the long opportunities around 916 #BTC.
1) First, let's talk about direction. Currently, it has broken through the lower mid-term low, forming a structural breakdown at the daily level, resulting in a Change of Character (CHOCH). The daily level structure has shifted from bearish to bullish.
2) Currently, it is being hindered by the supply zone's 1D Order Block (OB).
What’s interesting here is that this is not only the supply zone's 1D OB but also the Point of Control (POC) of the left side from 100 days (M-top), as well as the 0.618-0.666 range of 109-745. This is a triple resonance of the price chart.
Four-Hour Level
1) The four-hour level is not just a consolidation area (trading range); its high and low points are continuously rising, but it is still hindered by the triple resonance of the daily level price chart. The higher it goes, the more we should consider shorting with light positions on the left side, and add positions after confirmation.
2) The lower area around 916 is the most critical. This price level has never been tested, and a large amount of liquidity is accumulated here.
3) Due to the daily level shifting to a bullish structure, there is also a particularly important neckline at the 88 range below, where we can observe and consider adding to the position of #BTC in the spot market.
Two-Hour Level 1) First, let's discuss why a price increase is occurring here.
Firstly, the area around 936 is the 0.618 Fibonacci level of 916-978, and it is also a key level at the one-hour level (this has been repeatedly mentioned during the live broadcast).
A price increase does not imply anything; first, when the price has not broken, we trade according to the trading range without any issues.
A breakout upwards will see the high point of the 1D OB, which is around 994.
More attention should be paid to long opportunities around 916 below. #BTC .
1) As long as it does not break through 1DOB, remain bearish #Ethereum
Four Hour Level
1) In the absence of any breakthroughs or breakdowns, trade in the consolidation zone with high sell and low buy strategies
2) Pay attention to the upper boundary of 1850 and the lower boundary around 1720
Hourly Level
1) The hourly level is crucial. First, we see on the hourly chart the H and L forming a shape similar to a bull flag (not discussing the name here). We measure an equal quantity in a 1:1 ratio, targeting around 1892.
2) In last night's interest rate decision, it did not break below 1750 and is exactly at the 0.618-0.666 Fibonacci sequence. Given that the price has not declined, touching the 0.618-0.666 range indicates a stop in the drop, which is a pullback from 1750-1850.
Intraday trading should reference: Pullback from 1750-1850, with stop loss at the recent low, looking up to the 1:1 target at 1892.
My suggestion is that those who keep shouting bearish on Twitter should speak up when they are doing short positions or switching to long positions in the medium to long term.
Don't just switch from "bearish me just now!" to "now I'm bullish".
You guys have caused so much harm to newcomers.
All of you are just internal profit teachers; if you profit internally, that's fine, but why attract newcomers?
Last night, a newcomer found me and I had to guide them all night, it was exhausting and frustrating. 😠😠 #crypto #BTC
#PEPE $PEPE as expected is also a live broadcast free public strategy
Some people made money, while others missed out and say the grapes are sour.
Why should others agree? Why do others not think it's a behavior of cutting leeks?
Do you need to pay to watch the live content?
At the same time, thanks to the friends who support Panda. Panda's trading is based on real market experiences and countless backtests and summaries! Welcome to the doubts~