The second highest confirmed that the bull market at the end of the year is finally over?

Sky News.jpg

Last night, the market returned to our forecast again. The currency price fluctuated at a high level in the white market and tended to be weak. Some institutional funds had obviously begun to withdraw. The retail tray under the white market yesterday made the market still run at a high point in the short term, and finally at night. After the U.S. stock market fell after the opening, the currency price quickly fell below the support. After gaining support below the market in the early morning, it continued to pick up in the morning. From today's point of view, after we successfully confirmed the short-term second highest yesterday, our second highest view is undoubtedly Correct, if today's market rebound fails to break through the support of last night, then we can basically confirm the appearance of the second high above, and then we will still continue to short the high position.

From the perspective of today’s news, there is no major news. Now that our thinking on the trend yesterday is completely correct, we can continue to follow the thinking of yesterday in our current operations.


Bitcoin operation guidance:

Bitcoin's decline last night touched the daily mid-track to gain support. The market continued to rebound in the morning and once again stood on the hourly mid-track again for a short period of time. Then the short-term repression above Bitcoin will form near the support level of the market last night at 38000 , There is still some room for rebound in the morning trend, so we suggest batching empty orders near 37800-38000. The stop loss is recommended to be placed on the line of 38300 for defense, and the profit target is to look at the line support of 36500-35000. If Make a big break again, you can leave some more to look at the bottom defense of 32500.

The drawings are as follows:


Ethereum operation guide:

Ethereum was strong in the white market yesterday, and the market’s anti-fall sentiment was more obvious in the white market, but the teacher also sent out a video in the evening to tell everyone to hold it patiently. Under the current trend, as long as Bitcoin begins to lead the decline, then the follow-up ether will make up The decline will be inevitable. The ether quickly started to make up for the decline at midnight. We got this wave of mid-line profit perfectly. Then, a short-term head-and-shoulders trend formed in the upper part of the Ethereum white market shock yesterday. After the short-term trend has formed a head and shoulders, it will be difficult to rebound above 1200 again. Therefore, we rely on the operation to suppress empty orders at 1200-1210 in batches. The stop loss is recommended to be placed on the front line of 1225 to defend, and the profit target is still looking down. 1140-1080, if the market can still make a big break, then leave some to look at the bottom support of the 980 line.



0
0
0.000
1 comments
avatar

Congratulations @chart-trading! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You published more than 70 posts. Your next target is to reach 80 posts.
You distributed more than 10 upvotes. Your next target is to reach 50 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

0
0
0.000