Post
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ๅผ ๅๅญฆ121
ยท
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๐Market outlook on the afternoon of November 8.๐
$BTC Perspective:
The main currency broke through with volume at 121516, the hourly closing price settled above 121516; those on the right can cautiously enter long positions with light leverage, but set a stop-loss if it breaks.
If it drops below 120000 with volume and fails to recover, enter short positions on the right, and set a stop-loss if it recovers. Pay attention to changes in volume and ensure to set stop-losses.
When it drops to 118809 and shows a false breakdown, enter an additional long position; if it breaks below the false breakdown low or drops below 118057, set a stop-loss. If you can't recover, don't go long.
๐
The main currency has broken through the hourly level and stabilized at 121789. Looking upward towards 123300-125131, it seems to be aiming for the previous high.
When shorting the main currency, be cautious if 123300 shows a 2B false breakout and falls back; enter a light short position. If it breaks and stabilizes above 123927, you must set a stop-loss.
Conservative players are waiting: long at 116355, set a stop-loss below 115345.
Didnโt expect the main currency to break 120,000 before the US stock market opened; the triangle drawn in the chart broke the resistance at 120,000. Currently, the only resistance above is the previous high at 123300. Now, if youโre asked to chase the high, would you dare? I certainly wouldnโt; if I chase, it can only be with a small position to gamble on the main currency breaking the previous high. I wonโt go all in, as the distance to the previous high is less than 2000 dollars, which is not cost-effective.
I wonโt risk a 5000 dollar pullback for a profit of 2000 dollars.
Either miss out or wait for a retest that doesnโt break below 118000 to go long on the left side; as long as it doesnโt break the previous high, Iโm still looking for a rebound, not a reversal.
๐
Upper pressure: 123300-124331-125131
Lower support: 120559-119563-118008
If it drops below 120557 at the 4-hour level, look down to 119196-118045. Once below 120557, a pullback is expected.
๐๐๐๐๐๐๐๐๐๐
$ETH Thought Process:
The second currency broke through with volume at 4320, enter long positions on the right and set a stop-loss.
If it drops below 4288 with volume, enter short positions on the right and ensure to set stop-losses.
On a pullback to 4182, confirm the support is effective for an additional long position; set a stop-loss below 4144.
The second currency has stabilized at 4322 on the hourly level, looking upward towards 4385-4424.
Above the second currency, watch for 4351 to enter a short position; set a stop-loss above 4385.
Left side orders: long at 4106, set a stop-loss below 4070.
๐
Upper pressure: 4320-4385-4424
Lower support: 4248-4200-4153
At the 4-hour level, if it drops below 4236, look down to 4191-4155. The hourly level of the second currency broke below the yellow bullish trend line yesterday but recovered. Now it has broken through the middle axis of the box; only when the upper boundary of the box is broken will it challenge the upper level of 4391 here. Meeting adjourned.
$BTC
#BTC้่ฟ12ไธ
{future}(BTCUSDT)
{future}(ETHUSDT)
$BTC Perspective:
The main currency broke through with volume at 121516, the hourly closing price settled above 121516; those on the right can cautiously enter long positions with light leverage, but set a stop-loss if it breaks.
If it drops below 120000 with volume and fails to recover, enter short positions on the right, and set a stop-loss if it recovers. Pay attention to changes in volume and ensure to set stop-losses.
When it drops to 118809 and shows a false breakdown, enter an additional long position; if it breaks below the false breakdown low or drops below 118057, set a stop-loss. If you can't recover, don't go long.
๐
The main currency has broken through the hourly level and stabilized at 121789. Looking upward towards 123300-125131, it seems to be aiming for the previous high.
When shorting the main currency, be cautious if 123300 shows a 2B false breakout and falls back; enter a light short position. If it breaks and stabilizes above 123927, you must set a stop-loss.
Conservative players are waiting: long at 116355, set a stop-loss below 115345.
Didnโt expect the main currency to break 120,000 before the US stock market opened; the triangle drawn in the chart broke the resistance at 120,000. Currently, the only resistance above is the previous high at 123300. Now, if youโre asked to chase the high, would you dare? I certainly wouldnโt; if I chase, it can only be with a small position to gamble on the main currency breaking the previous high. I wonโt go all in, as the distance to the previous high is less than 2000 dollars, which is not cost-effective.
I wonโt risk a 5000 dollar pullback for a profit of 2000 dollars.
Either miss out or wait for a retest that doesnโt break below 118000 to go long on the left side; as long as it doesnโt break the previous high, Iโm still looking for a rebound, not a reversal.
๐
Upper pressure: 123300-124331-125131
Lower support: 120559-119563-118008
If it drops below 120557 at the 4-hour level, look down to 119196-118045. Once below 120557, a pullback is expected.
๐๐๐๐๐๐๐๐๐๐
$ETH Thought Process:
The second currency broke through with volume at 4320, enter long positions on the right and set a stop-loss.
If it drops below 4288 with volume, enter short positions on the right and ensure to set stop-losses.
On a pullback to 4182, confirm the support is effective for an additional long position; set a stop-loss below 4144.
The second currency has stabilized at 4322 on the hourly level, looking upward towards 4385-4424.
Above the second currency, watch for 4351 to enter a short position; set a stop-loss above 4385.
Left side orders: long at 4106, set a stop-loss below 4070.
๐
Upper pressure: 4320-4385-4424
Lower support: 4248-4200-4153
At the 4-hour level, if it drops below 4236, look down to 4191-4155. The hourly level of the second currency broke below the yellow bullish trend line yesterday but recovered. Now it has broken through the middle axis of the box; only when the upper boundary of the box is broken will it challenge the upper level of 4391 here. Meeting adjourned.
$BTC
#BTC้่ฟ12ไธ
{future}(BTCUSDT)
{future}(ETHUSDT)