$BTC $ETH $SOL
11.18 Zero Point Analysis Issue 68
Does the Bitcoin drop to $3000 mean that this round of increase is capped?
We can start by looking at the Bollinger box for 4-6-8-12, oscillation can refer to Boll, rising can look at EMA in combination with MA, basically enough, bottom fishing and top escaping can refer to volume.
Different times, same space, the box is getting smaller, one or two bars is one box, indicating two possibilities: if it goes up, it should break 934 or 928 with a volume tail wave, if it goes down, we can't see too far for now, 85 is the ceiling, the middle track of the daily line cannot be broken just like that, looking back at the decline in June-July, it has been hovering around 65, the previous 73 corresponds to the current 94, and we can similarly refer to 65 and 95 to find a hint of a pattern. Moreover, it's not impossible that the channel compression will hit 93 again.
Sol today made an effort to attack 250 but did not break through. Last night I mentioned that since it came to around 240 to hit a new high, it was only over 5 points, a daily increase of 10 points. Although I shorted one hand at 238, I didn’t dare to hold long, feeling no sense of security. Today I shorted again at 246, and this evening I took half off at 239, let's see if it can hit 250 to stop loss.
Ethereum looks strong, but it always disappoints a bit. No matter how the big cake approaches a new high at 90,000 Sol, isn’t it reasonable for Ethereum to push to 3500? Perhaps it seems to have a saying in its heart: I cannot do it!
In terms of operation:
Short-term trading, if it can't rise, then short; if it can't fall, then long, around the range of 92-89, do not place orders, losses are too large. Only do it when you see it! If you don't see it, it's better to miss out than to make a mistake.
Ethereum: Since it disappoints, we can expand the range a bit to 3025 and 3225.
This content is for personal reference only. Even if you agree, please set a stop loss of 1 point for yourself, do not hold against the market.
