🧠 Judging from the monthly cycle , the overall trend is bullish, so we are mainly bullish. The ideal target can reach 134.8k-175.5k. The heaviest periodic resistance area in the near future is 87k-95k. The price will be more likely to make a major level adjustment when it reaches here. It is also the best short-selling area. If the development goes as expected, it...
🧠From a structural point of view, a classic cup-and-handle structure is formed here. We will continue to rise according to this structure. For phased resistance, we need to pay attention to the neckline at the monthly level. ➡️From the perspective of wave theory, breaking through the turning point (wave 4) means the end of the main downward wave, and the...
🧠There is an expectation of a pullback after we reach the target area at the daily level, and there is an opportunity to build a smiley bearish structure near the target area, and the price breaks below the uptrend support line. So there's a good chance we're going to go down from here.📉 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me...
🧠From a volatility perspective, we have retraced half of the gains, and the correction at the daily level may have been completed. A healthy correction means greater upside potential in the future. ➡️From a structural point of view, the short goal has been fully achieved, and the liquidity pool has been swept across. There is also an expectation of rebound. A...
➡️From a graphical structure point of view, the structure of ETH is very standard. 🧠If we continue to break through the turning point after the pullback, it means that the long structure is established, which means that we will most likely go higher from here. ⚠️Note that if it falls below the previous low, it means that we will continue the downward trend. If...
🧠Yesterday saw a strong rally and a break above the uptrend resistance line, which is a very bullish sign. Therefore, when the profit from the short orders we hold is sufficient, we will choose to reduce and close the positions.💰 ➡️From the perspective of wave theory, we have broken through the turning point, which means that wave 5 is over. ➡️So if there is a...
🧠We did not continue downward after falling below the previous low, but instead experienced a strong rebound. From the perspective of wave theory, the cycle of the wave has changed, indicating that Wave 5 may have ended. ➡️From a graphical perspective, if you want to continue to fall, you need to form a descending triangle here, otherwise it will be difficult to...
🧠What we always look for in the buying zone is the opportunity to go long. From the perspective of graphic structure, we have the opportunity to build a smiling face bullish structure in the buying zone. If this structure is established, then we will most likely break through the turning point. This It means that a larger double bottom long structure is...
🧠Since the price has entered the buying zone at the weekly and daily levels, there is an expectation of a rebound. But from a structural point of view, we are suppressed by the short structure, so there are some contradictions here. ➡️Therefore, it is best for us to wait until the contradiction is resolved before participating. For example, breaking through the...
The current market trend is not much different from the analysis in the previous article. 🧠From a structural point of view, we are in a bullish trend as a whole, but a larger level of short structure has been constructed, which means that it is possible for us to reverse the bullish trend based on this structure. Considering that the daily and weekly level bulls...
🧠We have entered the daily and weekly level buy zone, so it makes sense to continue to rebound from here for a while. But since the entire market is in a pessimistic state, maybe we need to enter a deeper adjustment range. 2400-2500 is an area worthy of attention, and I plan to continue buying ETH in this area. Let's see👀 🤜If you like my analysis, please like...
💥As the international situation becomes tense, financial markets also show a pessimistic side. 🧠From a structural perspective, the long structure is destroyed, and falling below the turning point means that the small double-top short structure has evolved into a large double-top short structure. This means that we will most likely enter a daily or weekly level...
📊#ETH has a higher probability of rebounding in the support zone📈 🧠ETH's decline was even greater, but the price once again stopped near the support zone, reacted well when it was touched, and was expected to rebound after sweeping the long liquidity pool. From a graphical perspective, we have the opportunity to form a falling wedge pattern, and generally we will...
🧠The last thing we wanted to see happened. We failed to continue to break upward but chose to fall, which meant that a new short structure emerged. If the short goal is achieved, then our long defensive point will be invalid, so we choose to close the position and wait for a more suitable opportunity to appear.☕️ ➡️If the short strength continues and falls below...
🧠From the perspective of the macro cycle, we have broken the weekly short defensive point, which means that sooner or later we will challenge the historical high, so we remain bullish. ➡️Judging from the current structure, if we successfully break through the inflection point, then a double bottom and long structure will be established, which means that we will...
🧠Now that the cup-handle structure has been established, we only need to maintain a bullish view and don't be afraid that it will fall too much. When trading, we only need to strictly implement the plan and use the plan to manage risks instead of being dominated by emotions.💪 ➡️The price is currently back near the monthly neckline and the yellow support band....
🧠Judging from the daily-level cycle, after completing the double bottom long target, we made daily-level corrections, and then broke through the neckline again, which means that a new bull trend has emerged with a high probability of breaking through the short defense point (198.71)🎯 ➡️From an hourly perspective, we have constructed a cup-handle bullish structure...
🧠Unfortunately, we did not continue the bullish power according to the previous cup-and-handle structure. This shows that the resistance and selling pressure above are relatively heavy, and corrections can be made through long-term consolidation. ➡️From a graphic point of view, we have the opportunity to form an ascending triangle. If we successfully break...