1.BTC From a weekly perspective, it forms a head and shoulders top (bearish) pattern. Regardless of whether there is support or not, the decline from head to neckline must meet 1:1 The white line will just fall to the CME gap, which is quite magical. I'm not saying it will definitely fall like this. The most important thing now is to pay attention to the second yellow dotted line 90535, which is whether the neckline can be supported. If it falls below, only the square blue area will remain, with support around 85,000-90,000. If it falls below 100% again, the decline will accelerate, because there are almost no chip transactions here during the rise.
The spot operation is to place orders in both the blue zone and CME. It is also possible to hang the neckline, but the chips must be divided into blue and CME in batches. To do the action of flattening the position Because if you don’t come down, you will miss this increase. I suggest you just observe the contract part first.
2.ETH The status of Doomsday Chariot ETH is stronger than BTC. Before the altcoins took off, I had the impression that ETH would be stronger than BTC, right? The weekly level is completely opposite to the big brother, forming a head and shoulders bottom (bullish) If we still use 1:1 to meet the growth pattern, it will reach 7200 It’s no exaggeration, this is a large-scale situation at the weekly level. But it is also possible that the right shoulder will rise if it fails to form.
Because look at the daily level Currently forming an ascending triangle with a flat top and higher and higher lows. As long as it does not fall below the triangle, there is a high probability of a breakthrough. If it falls below, I will start to think that it is a head and shoulders bottom at the weekly level. #BTC挖矿难度创新高 #ETH #山寨
The last bull market in 2020 had a significant price increase during the week of Christmas. First, let's take a look at BTC.D; this is the chart I created showing BTC's halving after 224 days. This coincides with the time when altcoins typically start to rise. The yellow vertical line marks December 21st, after which BTC.D's market share began to decline rapidly. In its place, the market share of altcoins increased. For instance, on December 21st, various altcoins like ALGO/ADA/SOL/DOGE, etc., all began a wave of upward momentum.
It’s not to say that Christmas is directly related to the rise of altcoins, but we can look at historical data to anticipate the possibility of a one-sided market.
Earlier, on December 12th, I mentioned that BTC would have a significant rise this week, and it indeed surged to nearly 110,000. The timing for entry has been previously highlighted for everyone to pay attention to. Given BTC's recent drop, I believe there is no reason to hesitate in entering the market. Capital tends to rotate, and the upward movement is coming soon.
1.BTC After such a long wait, this week BTC continuously breaks new highs. The daily MACD crossover signals bullish momentum, and I believe there's a high probability it will reach 120,000. Additionally, the U.S. stock market opened high and is likely to fill the gap. However, I strongly suggest that if BTC pulls back during the filling, it would be a good opportunity to increase positions and enter the market.
2.XRP On 12/18, Ripple's RUSD will go live on upload, providing a 5% reward to the XRP community. This is positive news; looking at the current market, it has faced resistance multiple times at 2.49, but the lows are getting higher. There is a chance to break the resistance in the 2.66 range. Basically, any pullbacks provide an entry point.
3.ALGO Relative to XRP/DOGE, it is somewhat weaker, but since 12/4, it has been accumulating after falling. It has formed a 4-hour converging triangle. If it breaks out, there is a chance it could reach 0.7.
4.DOGE Formed a converging triangle on the 4-hour level. The best entry point has already been reported in the entry call. If entering now, I suggest only chasing after a triangle breakout. I am also paying attention to the weekly resistance at 0.45 upon breakout.
5.ADA Under pressure from a 4-hour descending trendline to the end. It could technically be drawn as a converging triangle, but it looks quite ugly. I think leverage should not be too high. Entering above 1 is feasible for a swing trade or buying in spot. Breaking through 1.2 is only a matter of time.
6.SOL Weak like ALGO. However, it can be expected to have a big wave like DOGE. This is because both DOGE and SOL have been consolidating here for about 30 days. If it breaks below 213, I believe it will return to support around 200. If it holds, I will first watch if it can return to 222.
1.BTC Still unable to break through 10199 and fell back Take a look at the POC at 99340, there should be buying volume to support here If it holds, there is a chance to challenge 10199 again If not, I will change the framework to see BTC as a consolidation in a large fluctuation between 94500 and 10199
2. ALGO After being blocked and falling back, it perfectly retraced to 0.42 At the same time, this is an important POC position, if it holds here there is a chance to challenge 0.456 again
3.XRP The bull flag channel is moving very beautifully Even if it hasn’t broken through yet, there is no doubt from the trend that it is a strong coin Currently it is retracing around 2.36 as mentioned yesterday Additionally, 2.49 is mentioned as a very important position This is a support and resistance exchange area If it breaks through, it will see the blue resistance area For those without positions wanting to try I would suggest chasing after 2.49 breaks Setting the stop loss just slightly below 2.49 is enough
4.DOGE Unable to climb the rising trend line, but still maintaining strength Fell back to around 0.398 as I mentioned Since it climbed to 0.37 in early November, it has consolidated for a month until now So we can expect a rise If it starts to rise and breaks through the 0.45 weekly resistance The next resistance I see is 0.56
5.ADA As long as it is above 1, it shows bullish performance If it doesn’t retrace too deeply, it indicates a lot of high-level buying Once it breaks through and stabilizes at the 1.13-1.15 resistance, it will aim for POC 1.2 If it goes up, I will look at 1.5#美联储12月降息预期上升
6.SOL The trend is not as strong as XRP and has touched the upper edge of the bull flag channel But as previously mentioned, in the short term, I still see it at 246 then retracing to 236 The current support is approximately at 222 As long as it holds, I still see a bullish trend
If you think the counterfeit season hasn't arrived yet and there's still time, I can say you're right, but when it comes, will you dare to get on the bus? Or are you afraid of another pullback like before or being empty-handed.
Let's take a look at BTC on a weekly level, and review the beginning of the bull market in December 2020, which is very similar to December this year. Do you see the two green bars highlighted in yellow? They are exactly the same, and we can estimate that the surge will continue next week. As the saying goes, history doesn't repeat itself, but it often rhymes.
This is the last reminder for everyone not to miss out, after all, those who want to make money will naturally do their homework or ask me. Pay attention and click like, rather than me constantly telling you to make money.
A few days ago, the pullback has already eased a lot, combined with next week's interest rate cut meeting on the 18th, make sure to seize the opportunity. #BTC重返10万 #XRP逆势反弹 #山寨现货布局如何布局 #山寨季何时到来?
1.ALGORITHM If every time the low dips are getting higher and the highs are getting lower, we can expect to form a converging triangle before moving in a direction.
2.SOL Currently undergoing a consolidation phase similar to BTC's six-month flag, each dip is closing above the channel. Watch for the ability to reclaim 216; if it does, I will turn bullish.
3.XRP A strong coin is one that can quickly rebound after a spike; last night I placed a support order at 1.96. The short-term gains have been decent, and it is currently forming a bull flag as well. If it can close above 2.24 (above the midpoint), I would also consider it bullish going forward.
4.DOGE Like XRP, I placed a support order at 0.366. After taking profits this morning, I entered again at 0.377. The stop-loss is set at the support level; I would only consider a high probability of reversal if it closes above 0.38.
5.ADA It needs to close above 1 for me to consider it a reversal.
Honestly, I think the washout is about done. There are too many people chasing long positions before an announcement of interest rate cuts at the year-end. The market maker is washing out heavily to lighten the load. You can observe that ETFs have been buying before the close of the US stock market, but they drop after the close. Isn't this the market maker cleaning up high leverage positions?
Last night's major washout caused 570,000 people to be liquidated, surpassing the scale of the original 312 incident, successfully washing out all the long positions.
Now, looking at the 1-hour timeframe, it is a large volatile converging triangle. In a bull market, I believe that after a converging triangle, there is a high probability of an upward movement. However, BTC has now taken on the form of the US stock market; Wall Street dictates when to drop and when to rise. Therefore, I suggest that those who only trade BTC should pay attention to S&P 500 and Nasdaq futures. For example, last night, the US stock market fell sharply, affecting the entire cryptocurrency market.
Ignoring the common bull market spike that washes out bulls, we can observe that the lows are getting higher and the highs are getting lower, which is a typical converging triangle. I will watch to see if the lower edge can effectively support and then bounce back up. After that, we just wait for a breakout. If it cannot hold, pay attention to the situation around the yellow line at 98000, as the bullish trend can only continue then. #比特币政策
Before BTC broke 100,000, I mentioned two things to pay attention to that is, there is a high probability of a pullback to liquidate long positions Looking at Binance's price, it dropped from a high of 104,115 to 90,606 The drop was about 13%, which actually liquidated quite a few positions Moreover, a spike down is the best entry point, that's how it works in a bull market
In terms of the 4-hour level, after a triangular convergence, the worst case after a breakout is to fall back into the channel to consolidate Therefore, we still need to pay attention to whether 98,000 can be reclaimed to further push towards #比特币插针90.5K #新任SEC主席 #历史见证者打卡
Finally pulled BTC with 10W It can be regarded as witnessing history. The selling pressure on spot prices has finally been digested. The end of the triangle convergence goes out of the way and makes a breakthrough with volume The current trend is almost as predicted previously Small coins are currently being sucked. What you need to pay attention to now is the FOMO that I mentioned earlier, chasing retail investors. Funding rates have begun to slowly rise. In bull markets, rates as low as 0.1% are common. But that doesn’t mean there won’t be a pin to clear the long leverage Still need to pay more attention. As a result, the D point position of the bearish XRP previously posted happened to be 2.18 I didn't expect it to be so accurate...#BTC新高10W
1.XRP In the call on 8/26, there was a message about XRP. If anyone followed and bought, congratulations. I initially bought in the spot market between 0.52-0.58. From a weekly perspective, it is only 0.38 away from the historical high of 3.31. I believe a breakout is just a matter of time. From the data chart, it can be seen that Binance's XRP reserves are actually decreasing, indicating that whales are continuously buying. If even the whales are bullish, then we should participate more actively. From a short-term hourly perspective, there is a bearish wedge, which is just for reference. Because the buying momentum is strong, I think we should focus on the possibility of a spike to liquidate long positions (for example, like those two candles at 2.22). If there is a spike, we should enter the market. 2. ADA When a strong cryptocurrency has a good trend, there is a phenomenon: Converging triangle > breakout > converging triangle > breakout. ADA keeps repeating this process. From a weekly perspective, ADA has currently reclaimed the key POC at 1.2. If it can close above 1.2, this would be a very significant strong signal, and the next target would be 1.5#ada未來 #XRP将取代美元加密专家预测Ripple的XRP分类账在日本的主要作用 .
BTC continues to monitor the convergence situation. Currently, it seems to have found support around 93265. To continue converging, it needs to break out in a direction. Ideally, the trend would be as shown in the chart. Pay attention to whether 98000 can be recovered. #BTC☀
1. BTC.D Do you remember what BTC.D represents? The higher the value, the more the market is dominated by BTC, while the lower the value indicates dominance by altcoins. Looking at the weekly level, in the past, every time after BTC halved, it took about 224 days for the market share of altcoins to increase. This pattern has been consistent for the last three occurrences. If this bull market follows the same pattern, everyone, this moment is the starting point for altcoins. Currently, everyone is waiting for BTC to surge to 100,000. Historical data and experience tell us that BTC needs to lead the charge before altcoins can follow. At present, BTC.D has also broken below the upward channel. Personally, I believe that starting in December, it will mark the beginning of explosive growth for various altcoins. Everyone can start positioning their favorite coins, and the purpose of this message is to hope that we won't have to wait another 4 years. Let's seize this crazy upward phase. ------------------------------------------------------------------------------------------------------------ 2. Monthly Level Trends of BTC From the previous text, we know that altcoins are about to start a massive surge. If you are holding a lot of USDT but are troubled about when to enter, you can refer to the following perspective. Looking at the monthly level for BTC, there is usually a wave of decline at the beginning of each month. For example, at the beginning of November, BTC dropped from 73,700 to 67,000, and then with Trump’s election benefiting the market, historical data tells us that when BTC breaks through its all-time high, the monthly level tends to rise with 4-6 consecutive bullish candles. Right now, we are only seeing the first one. What do you think? #BTC☀ #山寨季何时到来? Therefore, if there is a pullback or a spike to clear leverage at the beginning of December, absolutely do not hesitate and just get in; what awaits you at the end of the month is a surging market.
Switching to the 1-week level, ALGO is forming a double bottom pattern, which means it is creating a W-shaped structure. When this pattern emerges, it indicates that the long-term bearish structure has ended and is transitioning into a potential bullish market. Such structures most commonly occur during the transition from the end of a bear market to the start of a bull market.
Currently, ALGO has broken through the Neckline resistance and is retracing. I believe that a retracement with a false breakout is acceptable, as long as it can close near the Neckline, or if the body can close above the line. Based on the pattern structure, the most basic target I see is 0.85 U per unit, not including many favorable factors. I hope that in the future, it can break through the historical high, and the bullish pattern is just about to begin. #ALGO—24小时交易策略 #ALGO/USDT
Switching to the 1-week level, ALGO is forming a double bottom pattern, which means it is creating a W-shaped structure. When this pattern appears, it indicates that the long-term bearish structure has ended and has transitioned into a potential bullish market. This structure most commonly occurs during the transition from the end of a bear market to a bull market.
Currently, ALGO has broken through the Neckline resistance and is retracing. I believe that as long as it can close near the Neckline, or the body closes above the line, even if there is a false breakdown, it is acceptable. Based on the pattern structure, at the very least, I am looking at 0.85U per unit, not including many favorable factors. I hope that it can break through the historical high in the future, and the bullish pattern is just about to begin. #ALGO—24小时交易策略 #ALGO/USDT
BTC should first pay attention to the support situation at the upper edge of the yellow zone between 85000~90000. As long as this level holds, there is a chance for a rebound. It was previously mentioned that if the daily level truly drops sharply to 85000, one must seize the opportunity to enter the market. Although 100000 has not been reached yet, it feels like there is a slight difference. However, in reality, it has reached 100000 in the Chicago futures market. Besides the aforementioned parts, the funding rate must be monitored. When the funding rate increases, it indicates that more people are chasing the price up, so it is necessary to pay attention to the spike that wipes out the bulls. #比特币关键区间 #BTC突破7万大关 #BTC走势预测
If BTC arrives at 100,000 without any unexpected events, what should we pay attention to? 1. At the 100,000 position, the spot sell orders on Binance are 99K/300 units, 99.5K/400 units, and 100K/1500 units, etc. If you have orders on hand, it is reasonable to sell a portion in advance to secure profits around this area. 2. The funding rate on Binance is only 0.01%, but other exchanges have reached around 0.03%. While this rate is not high during a bull market, it is expected that many retail investors will FOMO in once it hits 100,000 (since they missed the earlier opportunities). At this point, it is important to pay attention to the funding rate. 3. Similar to the second point, if FOMO drives the market to chase long positions, there is usually a long wick during a bull market, which could lead to a 10%-20% retracement. If there is a chance to retrace to 85,000, this would definitely be a good opportunity to add to your position or enter the market.
BTC currently has a potential M-top bearish harmonic pattern. Yesterday I mentioned the relatively high funding rate, which reached about 0.075%, and indeed there was a drop to clear leverage. It is currently maintained at around 0.01X%. To change the current bearish pattern, it must meet one of the following conditions:
1. Break the previous high (around 90000) 2. Stay above 86500 3. Break below 85000 but close back above
Assuming it ultimately breaks below 85000 and does not recover, I will check if it will fill the CME gap. However, generally speaking, when the US stock market opens at night, it tends to rise (due to ETF relations). Regardless, be sure to set your take profit and stop loss.
BTC is following the bull flag on the weekly level mentioned earlier In a one-sided market, you should enter as soon as there is a pullback Hesitation means watching BTC rise to 100,000
In the futures market, there is a gap between 78,200 and 81,000 However, there's no need to worry too much; even if there's a need to fill it, there's no set time Given how strong it has been recently, it might take several weeks or months, etc.
The funding rate has reached over 0.05% This is the highest in recent times, but don't forget that the bull market has just begun This kind of rate is just the bottom of the bull market
Additionally, BTC.D has been in an ascending channel If it breaks below the channel, it means funds will flow into altcoin season But it probably won't happen that quickly; historical data shows that BTC.D starts to drop rapidly after reaching 70% But regardless, allocating some funds to altcoins is definitely fine Choose strong coins like DOGE, SUI, etc.
BTC Continuously rising to new highs, with slight adjustments in the range Last night, the FOMC announced a 25 basis point rate cut I am still focusing on the range of 73777-74600 I estimate there will be a slight pullback If it holds and continues to rise, there will be a chance to complete the weekly bullish flag I roughly estimate from the starting point at a 1:1 ratio BTC 100,000 is basic, so everyone can have a number in mind
Personally, I hope there will still be a chance to fill the vacuum Previously mentioned 715-730 But in the short term, it may be difficult, although there’s still a chance #DOGE看涨情绪飙升 #美联储利率决议来袭 #山寨季将至?