Market pullback, hold for the long term, stay cautious.
Daily candlestick level: The market has experienced a pullback, and yesterday's candlestick closed below the lowest price of the last aggressive bullish line (reference price for EA arbitrage model) and the MA5 moving average. It is expected that the oscillation may continue for a while.
4-hour level: Look for the support level at around 87500, corresponding to the 0.382 Fibonacci and the upper edge of the Vegas channel in the 4-hour level.
Note: You can continue to pay attention to the market of high-quality altcoins, especially those that have not yet rotated into the zone. You can make a plan for long-term holding and short-term trading. Be cautious, when encountering obvious previous high points or areas of intense previous trading, you can reduce position by 30% for the chips held in the previous period, and then buy back at the fall, leaving the remaining 70% of the chips untouched. #BTC
What do you think is the next move for BTC, is it pump or pullback
pump
3
3
pullback
8
8
11 ParticipantsVoting Finished
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Date: November 26, 2024
Market pullback, hold for the long term, stay cautious.
Daily candlestick level: The market has experienced a pullback, and yesterday's candlestick closed below the lowest price of the last aggressive bullish line (reference price for EA arbitrage model) and the MA5 moving average. It is expected that the oscillation may continue for a while.
4-hour level: Look for the support level at around 87500, corresponding to the 0.382 Fibonacci and the upper edge of the Vegas channel in the 4-hour level.
Note: You can continue to pay attention to the market of high-quality altcoins, especially those that have not yet rotated into the zone. You can make a plan for long-term holding and short-term trading. Be cautious, when encountering obvious previous high points or areas of intense previous trading, you can reduce position by 30% for the chips held in the previous period, and then buy back at the fall, leaving the remaining 70% of the chips untouched.
#BTC