The inflow of funds can't boost the market, and the ultimate reason turns out to be it! 12.11 Flatbread Aunt too operation ideas
The SpotETF market has been increasing holdings, and it is still in a net inflow state this week. But the currency price is sluggish! Mainly because Google publicly stated: Now the most advanced computers need to solve problems that take longer than the age of the universe, 13.6 billion years. Google claims that they solved it in five minutes. What does this concept mean? It means that various algorithms and encryption formulas of Cryptocurrency can be easily cracked by Google! This also means that Cryptocurrency is no longer secure! So the currency price has been sluggish recently! And the shorting idea given yesterday was only 200 points away from being executed. Going long got on board too early and was swept away!
Looking at the market data again, the daily candlestick has two consecutive bearish days, both with long lower wicks, this kind of closing is undoubtedly bullish, the Bollinger Bands are slightly downward, the coin price is running below the middle track, the KDJ and MACD indicators in the attached chart are both dead-crossing downwards, and the daily candlestick indicator is slightly bearish!
From a four-hour perspective, the Bollinger Bands are trending downwards, with the price running above the lower band. It is clear that there is a double bottom structure in the four-hour chart. The KDJ indicator shows a bullish crossover, and the MACD is also turning upwards from a low position, with decreasing volume. It is obvious that there will be a rebound in the four-hour chart. Therefore, for intraday trading, Conan suggests focusing on long positions after a pullback. The resistance levels to watch are 97300, 98300, 99000, 100500, and 10150, while the support levels are 95000, 94100, 93600, and 92800.
12.11BTC operation idea: Aggressive traders enter Long at the pullback of 95000-95500, while conservative ones enter at 94100-94500. Defend below 93600, with the target around 96500-97300-98300. If broken, look at around 99000-100000-10500.
Shorting idea, try to enter short at 98500-99000, defend near 99500, target near 98000-97300, break below see near 96500-96000.
12.11 ETH operation idea: Aggressive traders enter Long at the pullback of 3520-3550, conservative traders enter near 3480, with a stop loss below 3450, target around 3600-3650, and break above 3700-3750.
short order idea: Try to enter Short at 3700, defend near 3750, and target 3650-3600. If broken, look at 3580-3550.
Large Investors and institutions are still increasing their holdings. Based on the market data, there are signs of a bottoming out. This week, a large number of long positions chips were liquidated with Long Wick Candle. The next liquidation should be shorts! Everyone, be cautious about shorting! #参与动态用户问卷调研,瓜分$1,000奖池 #市场回调,抄底还是观望? #你近期购买的山寨币有哪些?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The inflow of funds can't boost the market, and the ultimate reason turns out to be it! 12.11 Flatbread Aunt too operation ideas
The SpotETF market has been increasing holdings, and it is still in a net inflow state this week. But the currency price is sluggish! Mainly because Google publicly stated: Now the most advanced computers need to solve problems that take longer than the age of the universe, 13.6 billion years. Google claims that they solved it in five minutes. What does this concept mean? It means that various algorithms and encryption formulas of Cryptocurrency can be easily cracked by Google! This also means that Cryptocurrency is no longer secure! So the currency price has been sluggish recently! And the shorting idea given yesterday was only 200 points away from being executed. Going long got on board too early and was swept away!
Looking at the market data again, the daily candlestick has two consecutive bearish days, both with long lower wicks, this kind of closing is undoubtedly bullish, the Bollinger Bands are slightly downward, the coin price is running below the middle track, the KDJ and MACD indicators in the attached chart are both dead-crossing downwards, and the daily candlestick indicator is slightly bearish!
From a four-hour perspective, the Bollinger Bands are trending downwards, with the price running above the lower band. It is clear that there is a double bottom structure in the four-hour chart. The KDJ indicator shows a bullish crossover, and the MACD is also turning upwards from a low position, with decreasing volume. It is obvious that there will be a rebound in the four-hour chart. Therefore, for intraday trading, Conan suggests focusing on long positions after a pullback. The resistance levels to watch are 97300, 98300, 99000, 100500, and 10150, while the support levels are 95000, 94100, 93600, and 92800.
12.11BTC operation idea: Aggressive traders enter Long at the pullback of 95000-95500, while conservative ones enter at 94100-94500. Defend below 93600, with the target around 96500-97300-98300. If broken, look at around 99000-100000-10500.
Shorting idea, try to enter short at 98500-99000, defend near 99500, target near 98000-97300, break below see near 96500-96000.
12.11 ETH operation idea: Aggressive traders enter Long at the pullback of 3520-3550, conservative traders enter near 3480, with a stop loss below 3450, target around 3600-3650, and break above 3700-3750.
short order idea: Try to enter Short at 3700, defend near 3750, and target 3650-3600. If broken, look at 3580-3550.
Large Investors and institutions are still increasing their holdings. Based on the market data, there are signs of a bottoming out. This week, a large number of long positions chips were liquidated with Long Wick Candle. The next liquidation should be shorts! Everyone, be cautious about shorting! #参与动态用户问卷调研,瓜分$1,000奖池 #市场回调,抄底还是观望? #你近期购买的山寨币有哪些?