Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060
Course 1: BTC/ETH Market Analysis and Short term Opportunities
Course 2: You need to master the information brought by classic reversal signals
Course 3: Exchange of Student Positions and Trading Issues
Technical Analysis Course Plan/Candlestick Chart/Moving Average/Trend Line/Support Resistance/Fibonacci/
BTC/ETH Trend Analysis and Opinion: As of Thursday, the overall trend of Ethereum is in a weak consolidation state; The shape of the candlestick chart currently has no reference value; The fluctuation range hovering around $150 between 1700-1550 requires waiting for a signal to break through the range before there is a good market trend; The short-term trend of long and short is not clear enough. It can be expected that if the short-term first resistance of 1700 can be effectively broken through, the daily level rebound market will continue. The future trend can be seen in two target areas: 23.6% (2030) and 38.2% (2400) of the Fibonacci retracement ratio; But if the market chooses a bearish effective break at 1380, then it needs to look at the support areas below, which are 1200-1100 respectively; That is to say, the support band at the end of November 2023
Overall, Ethereum is in a weak stage; Maintaining a bearish mindset is correct, but it requires waiting for the opportunity to perform after a reasonable rebound encounters obstacles; Short selling is not recommended at present
In terms of 4-hour level, the consolidation range is 1700-1550, and the expected short break level is 1380; Breaking through 1700, you can first look at 1800-1850
Suggestion for operational approach: Try using a lower approach
Ethereum's short-term trend remains weak; The bottom fishing strategy can maintain the order, but further observation is needed for more obvious signals to appear; Chasing empty space is not recommended
Short term trading opportunities within the day? Looking for specific locations? We will also share in the live broadcast room how to find opportunities for both long and short positions to enter;
Welcome to the Tencent Meeting live broadcast room to discuss and exchange with teachers for more details on currency operations and trading issues!
Recommended idea [Daily bottom fishing]
Focus on Support Resistance Today
BTC resistance 88000-89000/support 83500-81000
ETH resistance/1700-1760/support 1550-1500
For more details, welcome to the live broadcast room for discussion, learning, and exchange!
Tencent Meeting ID: 565-877-8060
Daily five live broadcasts start from 14:00-21:30 without interruption
Tencent Meeting: 5658778060
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
