On Friday, the daily line ultimately formed a bullish candle, with the market testing downwards. This was the last wave of counterattack from the bulls, reaching a low around 1026 and closing around 1060, rebounding nearly four thousand points in the early morning. This indicates that the support below is still effective. On Saturday and Sunday, there was a continuous decline and sideways movement, with trading volume significantly decreasing. A reminder was given on Friday to pay attention to the opening price. The weekly closing is approaching! It is expected to close with a bearish line or a doji. For those who haven't entered the market, continue to wait for a better position.
Hello everyone, welcome to Wanqian's Trend Analysis. We focus solely on the trends of mainstream coins. Research on both left and right side trading models, as well as understanding medium to long-term and short-term fluctuations, will continue to be updated. Thank you for your attention. In the cryptocurrency space, when some people laugh, others cry; I hope everyone is among the former!
$BTC Overnight, Bitcoin continued to plummet. Currently, the daily chart shows a three-day downward trend. From the highest point, it has dropped nearly 8,000 points. The pullback in the last two days has been quite exaggerated, suggesting that the previous resistance level is also very strong. In medium to long-term trading, you need to manage your positions well and know where your minimum stop-loss is. Looking at the daily lows, your medium to long-term bullish positioning stop-loss should be at least below this level. Yesterday's plunge in Bitcoin first tested and rebounded from the precise level around 1065 that we provided earlier, but it didn't reach our target. Next, pay attention to whether the bottom support can hold effectively.
Since there is an opportunity, let's do it! Still hovering in the support zone, I think it's just a matter of time before it drops below 100,000. The speed of the current decline is even more intense than the previous increase. The morning strategy can continue to be referenced, and the current price range provided is also a profit-taking opportunity! #BTC #ETH $BTC $ETH $BNB #加密市场回调 #以色列伊朗冲突 #币安HODLer空投HOME
The daily closing price is below the support level, and we can see the rate of decline. This round of pullback clearly provides a continuation signal! Our intraday layout mainly revolves around shorting on rebounds. If it breaks below 100,000 today, it will trigger a new round of secondary bearish trends.
$BTC Looking at the data, on the hourly chart, the price has already broken below the lower bound, MACD bears continue to expand, and the RSI trading volume has slipped below the oversold area and continues to extend downwards, indicating that there is still room for short-term decline.
$ETH Ethereum is the same, with a decline of nearly three hundred points in this round, the data has fully pulled back. Pay attention to whether the KDJ shows signs of correction. Short-term operations are focused on shorting on rebounds. Aggressive traders can enter with a light position at the current price! Watch for support around 1030. Set stop-loss and reserve positions for averaging down.
Operations: Bitcoin is around 1044-1048, targeting down to 1030-1035.
Today's daily closing pattern is confirmed, and the bearish trend shows strong continuation. The sharp decline in the past two days has successfully retraced all previous gains, engulfing a symbolic bullish candle, with bearish momentum being fully released and sustained. Based on the current rate of decline and market performance, the key support level below for Bitcoin at 1030 is becoming precarious, and there is a high probability of an effective breakdown in the short term. Subsequently, one should continue to monitor the volume changes and market sentiment feedback after the breakdown to seize trend opportunities. #BTC #ETH #币安HODLer空投HOME #美国加征关税 #X平台封号 $BTC $ETH $XRP
A review of the market during the day and the published strategy review. Although today has not yet finished, we can see that today's daily line has touched the given bottom support of 1065 or is rebounding, and the expectation is also for the daily line to close with a doji or bullish candle. The intraday strategy has been announced, with the morning's bearish positions and the afternoon and evening's bullish positions all confirmed. Every profit and loss has been pre-announced with a strategy; there are certainly very few people who execute the daily updated market strategies. The strategy is just a reference provided to everyone. Those who are willing to learn don’t need to be taught; those who are unwilling to learn cannot be taught. The strategies provided recently have basically been confirmed, and among the thousands of people in this world, only I can perceive opportunities with a unique perspective and pave the way to success with decisive actions. #BTC #ETH $BTC $ETH $XRP #币安HODLer空投HOME #美国加征关税 #X平台封号
Radicals can enter at the current price! Quick entries and exits for short-term trading, the market has reached the lower support zone! Current price is a good entry point! The market will continue to update. $BTC Bitcoin market entry, pay attention to the upper range 1080-1088. Reserve additional purchase level at 1065. Defense at 1062. $ETH Ethereum market entry, pay attention to the upper range 2755-2795. Additional purchase space, 2705-2680. Defense at 2675. #币安HODLer空投HOME #美国加征关税 #X平台封号 #BTC #ETH $XRP
Hello everyone, welcome to Wanqian's trend analysis. We focus solely on the trends of mainstream coins. The research on left and right side trading patterns, as well as understanding medium to long-term and short-term swings, will be continuously updated. Thank you all for your attention. In the cryptocurrency world, when some people are laughing, others will be crying. I hope everyone is among the former!
$BTC Yesterday we discussed several scenarios for Bitcoin. Firstly, after this candlestick on the daily chart, the outlook is relatively bullish. We need to look at yesterday's closing; ideally, a strong bullish candlestick would be best. However, yesterday closed with a medium-sized bearish candlestick, essentially filling the previous lower shadow. This bearish candlestick does not indicate strong bearish momentum. If it were strong enough, it would definitely have fallen below 50% of the bullish candlestick from the day before yesterday. Currently, this situation indicates general momentum, but bullish momentum is also average. This means the market is likely to start consolidating. It's clear that there is a consolidation range both above and below, so you know what to do. We just need to wait to participate at these levels, and not to rush into trading or think about shorting; such actions are very foolish. Overall, in a bullish trend, it could rise directly at any moment.
#看懂K线 Today in the morning, I still see many people shouting 'bullish' in the market. It's really when the market is falling that they shout 'bullish', and when it's rising, they shout 'bearish'! This is extreme left-side trading! Many people are misled! #BTC Let's return to the current market situation. Do you all know about the resistance and support conversion levels here? Around 1065, whether bullish or bearish, we need to focus on positioning around this price level. From the daily closing line, I suggested a bearish position, and since it has indeed moved down to the support area, we should timely adjust our thinking; at the support level, we can go long, continuing to look for opportunities to buy on the dips in the short term. Currently, Ethereum has also been pulled down by Bitcoin and has started to enter a state of consolidation. The same applies to positioning; if no entry opportunities are given, we can just wait and observe. #ETH
Operation: Bitcoin is around 1068-1073 bullish, with a target of looking up to 1082-1087.
Ethereum is around 2690-2730 bullish, with a target of looking up to 2790-2840. #美国加征关税 #X平台封号 $BTC $ETH $XRP
The overall trend is still in a bullish trend, but in the short term, the market is in a consolidation phase. The current bearish trend has emerged, and if there is a market pullback, it has not yet reached the support for the pullback. We will continue to focus on the area around 1065, and the daily layout will continue to revolve around this bearish trend.
Looking at the data, on the hourly chart, the price is hovering near the lower band, and the Bollinger Bands are overall developing downwards. The MACD bearish momentum is shrinking, and there is still some upward space in the short term. The RSI trading volume has rebounded after breaking into the oversold area in the early hours, and we will focus on the rebound space for the daily layout.
Regarding Ethereum, the price has reached near the middle band, the Bollinger Bands are expanding overall, the MACD bearish momentum is shrinking, and there is still some upward space in the short term. The KDJ is watched to see if a golden cross forms upward. The layout is similar to Bitcoin; Ethereum is currently at a low price, Bitcoin needs to double at 1000 points, while Ethereum only needs more than twenty points. Sometimes, Ethereum may double while Bitcoin hasn't moved yet. Traders should understand the importance of securing profits!
Operation: Bitcoin is around 1088-1093, targeting down to 1073-1078.
The market still hasn't shown the expected trend. Yesterday, it dropped over two thousand points overall. The four-hour chart has broken below the middle track, and the hourly chart has already come down to the lower track and is hovering there. The long position entered in the early morning is still being held. Although there is a short-term trend of a pullback, we will try our best to break even and exit! It was mentioned in previous posts that if the four-hour chart breaks below the middle track, we can consider entering the market again.
The market is changing rapidly, and countless investors rush in with dreams of getting rich, unaware of the myriad risks hidden behind these opportunities. In the market, pretending to be knowledgeable, believing that you have a good grasp of data and news, but the outcome won't play along with you! Just like in chess, before you make a move, you should consider what you will face next and what the possible outcomes will be, right? Once you have established a position, you need to think ahead about where to add to your position and where to stop-loss. If you're making a profit, you panic; if you're losing, you stubbornly hold on! It's safe to say that trading is not suitable for you! Recently, the bullish market has been strong, with Bitcoin's daily chart showing five consecutive gains, creating a space of tens of thousands of points, and Ethereum also making a strong push of nearly five hundred points, effectively stifling the bears in their cradle, without giving any opportunity for a sustained short! Some people are still guessing the top; even if you guess it now, can you ensure how much you can hold onto? Can you recover the losses from this round of increases? Finally, I remind everyone: trade if you understand, and if you don't, observe more—don't incur unnecessary losses!
The data side is hard to understand, but these numbers are understandable, right? The trend is already easy to discern! The recently published article provided a cyclical approach, focusing on the daily chart trends, whether the resistance and support conversion above can be completed. As for Ethereum, there's no need to say much; it already has room for a rebound. Now, even 4000 is not too much; we have already entered uncharted territory, and the goal is to look at the previous highs. However, Bitcoin remains the most important; can today change the situation! In the short term, we also need to pay attention to the evening news announcements, and ensure to manage take profits and stop losses to avoid missing opportunities! #看懂K线 #加密圆桌讨论 #CPI数据来袭 #BTC #ETH $BTC $ETH $XRP
Hello everyone, welcome to watch thousands of trend discussions. We focus only on the trends of mainstream coins. The research on left and right trading models, as well as the understanding of medium to long-term and short-term fluctuations, will continue to be updated. Thank you all for your attention. In the crypto world, when some people laugh, others will cry. I hope everyone is among the former!
Let’s first look at Bitcoin. Yesterday, after testing the previous high, the effectiveness of the resistance level was very clearly demonstrated, and then it dropped. After testing again, it dropped again. In smaller time frames, it actually provided you with two opportunities to short, which is the key performance of the resistance level. Today, the focus is on the daily chart, which has shown five consecutive bullish candles. Let’s look back in time. The bullish strength of Bitcoin was already very strong in the previous day's bullish candle. Then, immediately yesterday, it formed a bearish candle, indicating that the bears were resisting, but in the end, they were completely pushed back, closing with a long lower shadow. This dragonfly doji is a very bullish candlestick. Today, we will continue to pay attention to whether it closes bullishly and breaks through and stabilizes above. Looking at the current situation of the Bollinger Bands, the three bands are in a very horizontal state, indicating that Bitcoin is currently in a consolidation phase and there are even signs of narrowing. However, if today or tomorrow a series of strong bullish candles occur, the previous high will not hold. This week is expected to create a historical high, and the Bollinger Bands will open up. In the short term, it may quickly reach 120,000, but do not guess right now. What you need to do is wait. This is just a likely trend going forward. The market looks like the resistance level is adjusting and preparing for a big move. We need to give the market some time.
CPI data will be released tonight, are you ready? Currently, Bitcoin and Ethereum have been showing consecutive bullish candles, indicating a short-term bullish trend. However, selling pressure above has prevented a breakthrough at resistance levels, resulting in a state of consolidation. Key moving averages provide support, and bullish momentum remains. MACD momentum is weakening but the overall trend is still bullish, KDJ is tending towards recovery, and RSI is neutral to bullish, with bulls slightly having the advantage. If key resistance levels can be broken in the future, a new round of upward movement is expected. Pay close attention to market changes after the data is released. For today, the focus continues to be on buying the dips. Bitcoin continues to watch for a breakthrough and a stable hold above the 110,000 mark, with support around 1,065. For Ethereum, resistance is at 2,820, with support around 2,745.
Short-term operations: Bitcoin is trading around 1,089-1,094, targeting upward at 1,101-1,106.
Yesterday confirmed that the strategy perfectly aligned with the market, and the daily line continues to maintain its upward trend as expected. The emergence of an exceptionally long lower shadow indicates that the bulls are still in a strong phase; today's layout will continue to focus on buying on the dips. The cryptocurrency world is not a myth of getting rich quickly, but rather fertile ground that requires patient cultivation, continuous learning, and accumulation of experience; wealth will naturally arrive as expected. #看懂K线 #以太坊生态回暖 #币安钱包TGE #BTC #ETH $BTC $ETH $XRP
Hello everyone, welcome to watch Wanqian talk about trends. We focus exclusively on the trends of mainstream coins. The study of left and right side trading models, as well as the understanding of medium to long-term and short-term fluctuations, will continuously be updated. Thank you for your attention. When there are people laughing in the cryptocurrency world, there will be those crying; I hope everyone is in the former group!
From a technical analysis perspective, the previous high of 110,000 for Bitcoin constitutes a clear four-hour level resistance. After the price accurately touched this position, it showed a bearish trend. Reflecting on the previous strategy, if yesterday's bullish candle is considered a valid breakout, one could choose to enter directly after the breakout; or more conservatively, wait for the price to pull back to the middle of the range and enter when a bearish candle appears, both of which could yield considerable profits within the range of 107,000 to 110,000. The current price is testing the previous high and has pulled back. If there are signs of a stable retracement afterwards, there are still opportunities to go long from a technical standpoint. Observing from the daily level, yesterday's bullish candle demonstrated strong bullish momentum. If today's trend continues with a bullish close, it may form a lower shadow structure. If a large bullish candle appears again, there is a possibility of hitting a historical new high.
CPI is coming on strong, the market once surged and returned to new highs!
Last night, the market continued to rise slowly, and only after the trading session closed did it experience a sharp surge, with prices once climbing nearly four thousand points, testing resistance above one hundred and ten thousand before pulling back. Ethereum also followed suit, breaking out of the consolidation range and moving into the upper range provided; the current range has been defined, continue to short at high positions, and watch for a rebound at low positions. Tomorrow, the CPI will be announced, so today the market is expected to experience a slow decline. Continue to pay attention to support around 1065 for Bitcoin. For Ethereum, focus on the range around 2645. Positioning during the day will revolve around the rebound range.
Operations: Bitcoin will trade around the range of 1098-1103. The target is set lower at 1083-1088.
Ethereum will trade around the range of 2710-2745, with the target set lower at 2610-2650. #BTC #ETH $BTC $ETH
The evening trading session has begun, will the market continue to rise or break through the recently converted support. The bullish trend remains, the support conversion has stabilized, continue to focus on pullbacks to enter long positions. Regardless of the myriad of trends, they all adhere to the same principle.
Operation: Bitcoin is around 1065-1070, with a target of 1078-1083.
Ethereum is around 2470-2510, with a target of 2550-2590. #BTC #ETH $BTC $ETH