$ETH has returned to the lower edge of the range. In analysis 11, I mentioned that the bulls have no advantage. In a fluctuating range, one should not bet on a breakout, only on a false breakout. If ETH drops another 100 points, I will go long, around 2400 is about right. Retail investors do not know which breakouts can be chased and which cannot. Regarding breakout analysis, I am very good at it. When there is more interest, I will post a video discussing breakouts and the breakouts of different market cycles.
The post I accidentally stumbled upon indicates that the support level isn't as contrary to the market as it has been changing. The lowest rebound expectation is drawn from 1500 to 2200, which is also a resistance level. Not looking at the short term doesn't make it that inaccurate. Currently, the market cycle on the daily chart has entered a consolidation range. Once it exceeds 20k, the overlapping price action indicates that the probabilities of a breakout upwards and downwards are essentially the same. Any attempt at a breakout has only a 20% chance of success. At this moment, the bulls don't have an advantage, but if tomorrow's daily close is still a bullish candle at a high level, it suggests a high probability of a successful breakout for the bulls, which can be pursued. However, the current probability is only 20%. The theory of upward continuation will actually be phased out; it is merely a consolidation range, and during such a range, traders may become confused. When confusion arises, it indicates the start of a range where one can sell high and buy low to make quick profits. There is only one chance for a breakout, and one shouldn't bet on it unless it is confirmed as a real breakout. Whether it is real or not will be known by tomorrow's close.
Don’t pay attention to how much it dropped today. It has reached the lower boundary of the oscillation range and the annual line, and there is an 80% probability that it will continue to oscillate. In a few weeks, it will rise up again, possibly doubling, at least a 50% increase.
$COOKIE Daily traders still believe it is a bullish trend because it has not broken below the starting point. A daily pullback of no more than 20 candlesticks belongs to a bullish trend pullback rather than a consolidation range, and the probability still leans towards bullish. The 4-hour chart has basically successfully broken through a small consolidation range, so the bullish take-profit target at the 4-hour level is at 0.279. The daily bullish risk-reward ratio position is around 0.312, with a unified stop loss at 0.2087. The price will continue to move up the stop loss after breaking through.
$1000SATS breakthrough mode, the probability of breaking through either side is 50%, there will be huge fluctuations in the next few days, if it really breaks through, follow the trend.
$ETH Three pushes may fail, rising right triangle bullish, trend still has a low probability of bearish reversal, may have to wait for L2 to enter short positions.
$ETH The trend line has been tested multiple times over the past few weeks. The validity of the trend line increases with the number of tests and the longer the intervals between them. However, if there are multiple tests within a short-term interval without any positive fundamental developments, it becomes quite dangerous. If it breaks below the trend line, there may be a rebound around 1500 where one can place orders. The question remains whether it will break down or rebound. From a technical perspective, it should still go up, as breakouts are always low probability. The market also tends to maintain the current trend during large rises and falls within a volatile range.
If you don't analyze the K-line for $SOL , just look at the line chart. It's obvious that 90% of the oscillating market is overlapping horizontally, and it is currently at the lower edge. Anyway, I think it's possible to place a left-side limit order below 180. If it gets filled, just hold it a bit longer, speculating on the daily oscillation range. The lines drawn in the chart are just guesses; I believe that SOL has good value here, and getting it at 230-220 should be no problem.
$1000SATS It is OK to sell high and buy low in the oscillation range. There is no market in the middle. The upper edge is resistance and the lower edge is support.
$1000SATS Areas where there are reasons for both long and short positions will generally become ranges. I used to be confused about areas with contradictory probabilities, but now it is much clearer to see sats. The trend is very simple and the range is oscillating. Abu's price behavior explains the current market. The second trap of the weekly oscillating range looks very strong but it is not. There is a greater probability of v going back. There are opportunities to go to 25-28-30-40 next. You can get your money back without cutting your losses. Belief in sats ⭕ Binance chat room 3704990
$BANANA If you don’t see it, you won’t know that on January 1st, the Binance chat room gave banana 34.52 or below, and the floating profit received was more than 15%. The needle is awesome 😂😂😂, Binance chat room 3704990
$XRP If everything goes as planned, this round of medium-term follow-up orders will be successful, popping champagne halfway, currently up 8%, 😃😃😃😃, Binance chat room 3704990
$BAN I believe that the current ban can be shorted at the market price, or place a sell order above 0.068. First, observe the trend candlestick level overlapping typical oscillation range. The daily chart may indicate a second trap in the oscillation range; for the bulls, it might be a trap. Meanwhile, an 80% upward attempt to break through the oscillation range is a false breakout, so shorting is advised, with a target of 0.05663.
$1000RATS officially reaches the bottom, touching the channel line. This round of the bull market will at least return to 0.116, and may rise back in 1-2 months. Build positions and wait for a double~0.0048 is an excellent position, don't miss the opportunity, Binance chat room 3704990
The daily level short position of $BIO 46, the short position can take partial profits and continue to hold, there is still no sign of a rebound on the daily chart, it remains a strong downward trend with a continuous gap for large short positions, Binance chat room 3704990 for market discussions