Market rules, with twists and turns, cycles of change, cultivate the inner self, and practice outwardly; the road is long and arduous. Doubt can filter risks, but it can also lead to missed opportunities. To seize opportunities, one must be brave enough to try. Different attitudes towards life yield different results; if one lacks ambition, even with the help of benefactors, they will ultimately be unable to achieve anything. All difficulties are not truly obstacles; the success story of an investor is essentially a history of learning and growth. The journey is tough, but it is also scenic; staying true to one's original intention leads to a successful conclusion.
2024.11.22 BTC ——————
The price of Bitcoin is nearing 10K. After a divergence on the daily chart, it has surged again. I am waiting for the short positions to fuel the market before the upward trend begins. I still maintain my previous viewpoint: once a trend is established, those who want to capture the space must abandon their previous thoughts. Currently, the daily level is no longer a technical analysis; if you wait for the support at 93700 to enter the market, it may be very safe, but the missed opportunity will also increase correspondingly. In the current market, the situation is that the bolder you are, the more you will gain.
The four-hour chart currently aligns with what was emphasized yesterday. After the price was pulled at the middle track and the Bollinger Bands opened, the price immediately rose. Today, with Bitcoin at the critical 10K level, the market has not shown much enthusiasm. So, will there be a similar script trying to stretch again? In the future, we need to pay close attention to whether the 97000-95000 range can continue to rise in the same manner. At that point, we might consider entering the market, as our risk would be at its lowest.
Pending Orders:
Pay attention to support in the 97500-95000 range in batches
(Strategy activation can only be used once; manage profits as you see fit)
2024.11.22 ETH ——————
Ethereum does not have much value or reference to focus on; just pay attention to 3180. If it continues to fluctuate afterward, it won't be a loss. On the daily chart, the strong upward trend has formed a bullish engulfing pattern, and a subsequent decline for correction is very normal. For the aggressive traders, you might want to take a bite. Just focus on the support at 3180-3220. On the four-hour chart, the price has not strongly broken through the previous high, which indicates a conservative price action. Further momentum will need to wait for Bitcoin's historical headlines.
Pending Orders:
Pay attention to support in the 3180-3250 range in batches
(Strategy activation can only be used once; manage profits as you see fit)
This article is exclusively written by senior analyst Qin Chuan, who has researched Bitcoin, Ethereum, contracts, spot trading, gold, foreign exchange, stocks, and other investment fields for many years. Currently, he mainly guides contract operations, possessing a solid theoretical foundation and practical experience. He excels in combining technical and news-based operations, focusing on capital management and risk control. His trading style is steady and decisive, recognized by many investors for his easygoing yet responsible character and sharp, decisive operations. For more real-time investment strategies, trading methods, operational skills, and knowledge about candlesticks, follow the public account: Zhao Qin Chuan.
Disclaimer: The above analysis represents the author's personal views and does not constitute specific operational advice. Trading based on this analysis is at your own risk; investment carries risks, and caution is advised when entering the market.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
