November 30th, Tianxia Community: BTC forms a high-level shooting star candlestick; expecting a pullback!

CN
1 year ago

11/30/Community: BTC High Position Shooting Star Line; Watch for a Pullback!

Course Topic: Box Oscillation Analysis Techniques and Practical Applications…

The live broadcast room shares various mainstream technical indicator application methods, as well as the analysis of the technical forms of the day.

[BTC/Daily Chart]

BTC/Daily Chart: Yesterday, the BTC market price trend maintained high-level consolidation; the intraday highest price reached 38500 and closed at 37837. The daily K-line presents a standard high-position shooting star line pattern, indicating that the short-term market is still not ready for effective upward movement. In the short term, there is a high probability of continued oscillation in the 38500-36700 range. If the daily level price falls below 36700 during the retracement process, a daily level evening star will be established, which may expand the downside potential to 35500. The operational strategy can maintain high selling and low buying within the range.

[BTC/4-hour Chart]

BTC/4-hour Chart: In terms of the 4-hour technical trend, three price ranges are more obvious: resistance at 38500, first support at 37600, and second support at 36700. If the price falls below 37600 during the European session, the retracement space may extend to 36700. Under the resistance range, it is appropriate to pay attention to short opportunities. For bullish partners, wait near 36700 for retracement testing to see if there are clear signals and bottoming structures. Considering long positions at the current price of 37650 is not recommended. For more details, welcome to join the live broadcast room for discussion and exchange!

Recommended Strategy [Short-term Oscillation]

Support 37600-36700 / Resistance 38000-38500

Tencent Meeting ID: 565-877-8060

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2022 Annual Strategy Guidance Record

February-December 2022 /// 10 wins 1 loss

February complete / yield 2500% /// March complete / yield 2500%

April complete / yield 2626% /// May complete / yield 3698%

June complete / yield 3081% /// July complete / yield 7033%

August complete / yield 4694% /// September complete / yield 5046%

October complete / yield 1438% /// November complete / yield 2362%

December complete / yield -474% ///

February-December 2022 complete total yield 34504%

Single margin 100U calculation * 34504% = 34504U

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