[Today's market 11.24 video](//BTC, ETH (November 24) market, operation points and forecast. Garbage time is the best opportunity. - Trader Lao Wang's article - Zhihu https://zhuanlan.zhihu.com/p/668585130) or click to open: https://zhuanlan.zhihu.com/p/668585130
Today's market 11.24 video or click to open: https://weibo.com/7860089005/Nu31QlO6E
Today's market 11.24 video or click to open: https://youtu.be/B_lUaWRSU8s
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✿Regular oscillation and consolidation are called garbage time, with little fluctuation and unclear direction. However, at this time, it is actually accumulating strength and preparing to take off. As the saying goes, "The taller the root, the higher the tree." If you have a good position at this time, whether long or short, you should hold on with a good stop-loss. No matter which direction it chooses to break through, you will be the winner. Don't be greedy for small profits and leave. This is a test of your vision and patience. (Those without patience can go for 1-minute trading). Oscillation cannot last forever. There is a high probability that it will suddenly break through the short position stop-loss or burst the short position, then quickly turn around to burst the long position, and then pull back.
✿Currently still in high-level washing, the purpose of washing is threefold: ❶ to make you lose direction ❷ to consume your bullets ❸ to wear down your will.
✿BTC is still oscillating horizontally between 35500-38000, and it is expected that ETH will oscillate horizontally between 1915-2090. In the short term, you can (must) hold on with a good stop-loss for shorting at high levels and longing at low levels. (For detailed operations, please refer to the video)
✿Important support below for BTC is 33200. If it does not fall below, there is a possibility of making a new high. If it breaks, there will likely be a deep pullback.
✿BTC, ETH short-term reversal retracement has been completed, hold on with a good stop-loss for short positions.
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✿ETH: Positions near 1552, 1760, and 1790 for long, suggest adjusting the remaining positions of profitable longs to 1840; for positions near 2030 and 2060 for short, suggest adjusting to break-even or holding at 2100.
✿BTC: Positions near 25700, 26100, 26700, 33400, and 34300 for long, suggest adjusting the remaining positions of profitable longs to a moving profit stop at 34300. Positions near 37400 and 37680 for short, suggest adjusting to break-even or holding at 28200.
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"Operation Points" published on 2023.11.24.12. (Limit orders are very dangerous, stop-loss losses may be significant! Please operate with caution)
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BTC short-term operation suggestions (After the activation of the points, profit and loss are at your own discretion): (Attempt) Long near 33400, stop-loss at 32900, target 36300 or above; ❶ Long near 31500-❷ 30300, stop-loss at 29600, target 33400. (Attempt) Short near 38600, stop-loss at 38900, target 33200; ❶ Short near 39800-❷ 42200, stop-loss at 42800, target 38000 or below.
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ETH short-term operation suggestions (After the activation of the points, profit and loss are at your own discretion): ❶ Long near 1870-❷ 1820, stop-loss at 1780, target 2030 or above. (Attempt) Short near 2140, stop-loss at 2170, target 1870 or below. (Attempt) Short near 2300, stop-loss at 2330, target 2120 or below. ❶ Short near 2450, stop-loss at 2485, target 2120 or below.
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Special reminder: Do not trade frequently, do not make counter-trend limit order trades.
After the operation suggestions are published, the points are fixed, but the market changes rapidly like a battlefield. In order to reduce risk, increase winning rate and profit, it is strongly recommended to watch the more scientific methods in the video for a comprehensive understanding.
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Lao Wang's Quotes
✿Do not hold on to positions, the profits brought back will eventually be given back to the market due to "holding on."
✿Do not guess the top or bottom, the profits guessed will eventually be given back to the market due to "guessing."
✿Do not rely on news, because this is still "guessing" the top and bottom.
✿Do not easily leave the market when in profit, because you may be running at the halfway point.
✿Do not get excited when you see big bearish or bullish candles, because it may be a "performance" for you to see.
✿Do not think that the market you see is the last wave, as long as your capital is still there, there will be a market every day.
✿Do not trade frequently, not only will it make you lose the big direction and increase the chance of making mistakes, but it will also increase trading costs, which is not worth it.
✿Do not make counter-trend trades, hold on firmly if you are right, and run quickly if you are wrong.
✿Do not buy low out of greed, nor sell high because of the price, do not act recklessly without a change in trend.
✿Do not make trading your main occupation, do not stare at the screen, the time spent staring at the screen is inversely proportional to the profit.
✿Do not easily trust others' opinions, unless you are sure they are worth your trust.
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☯Trading is the most difficult skill to master, the more delicate, the lower the risk. Impatience and roughness will be extremely dangerous.
☯Qualified traders not only need to grasp the direction of the major trend, but also need to have the ability to insight into micro changes, because any major market movement starts from the one-minute cycle and never returns…
☯Rather than envying the fish at the water's edge, it is better to retreat and set the net.
☯Accumulating wealth of millions is not as good as having a skill.
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