Hello everyone, I am a K god, I only like to study K lines, friends call me "K line maniac", you can call me old K.
【K God Says】
Last night's details noticed no, 5% of the pull-up, the next line can be destroyed, such a high-intensity detail tearing, is overwhelmed. In this situation, pulling and smashing is a thought, and it can exceed expectations at any time. The main force uses this kind of play to create a horror atmosphere, as long as you think, it must be along the existing K line direction, then there is no other emotion except fear. As long as you are afraid, the main force will succeed. So, in turn, don't think, don't be afraid, be patient, etc.
【News】
On the news side, no news is good news.
【Technical Analysis】
The situation at a large level has been discussed, and today we take a look at a bunch of channels where the market has recently made a fuss:
4 hours will be clearer:
It looks messy, but in fact, it has its own vein. Currently running in the ascending channel since 28800, this channel is currently close to the lower rail extension, not broken, don't be nervous. This channel has not yet been broken, and the market is still rising. Broken into a shock market, the support below the shock market is 53300-50400-46700. If it is not in such a special place and time, then these things can be had, but because of the particularity of space-time, my personal judgment is that none of these things are available. The main force can not play much, the current main thing is the weekly line of the closing problem, now in the first half of the week, there is more time, and with him tossing.
Let's zoom in on the recent movements:
Since the end of October at $66,000, especially the $69,000 breakthrough of the white downward channel upwards, but in the last resistance 27777-28800-64843 shock channel upper rail breakthrough failed, the market evolved into a shock pattern. This oscillation pattern, logically speaking, the yellow channel did not fall below, it can oscillate upward along the yellow channel, but the subsequent fall was broken, and also fell below the original white downward channel. Theoretically, after the breakthrough, the failure to pull up can retrace the channel to confirm the effectiveness of the breakthrough, effectively continue to rise, and continue to fall back in effect. Among them, there can be a short-selling action, that is, falling below the upper rail of the white descending channel to properly induce the bearish, and the trend before the 18th can be seen as such a part, but the follow-up further decline, then the probability of short-selling is smaller. The current trend has shown that that the breakthrough is an invalid breakthrough, and it is necessary to re-accumulate the momentum to find another way. From $69,000 to the current downward trend, there have been two blue initial decline channels and green accelerated decline channels. The rally of the market the day before yesterday and yesterday was suppressed by the upper rail of the green channel and fell further, but we will find that the magnitude of the pullback is not large, and the resistance below is still very strong. There is support under the upper pressure, which forms this pattern of jumping up and down but the overall shock.
For now, if there is no further downward trend, then the short-term trend can be seen as a prototype of a double bottom structure, and the double bottom is based on the momentum to rebound, that is, 55600 can no longer be broken, and the double bottom can be effective. If the double bottom is broken again, then the support below becomes the 52000-54000 line, the area where various channels converge. Only when the suppression of the green accelerated downward channel is broken, it can be determined that the market will not accelerate downwards and will begin to repair, and only by breaking through the upper rail of the blue downward channel can the end of the downward trend be determined. The downward channel is extended downwards, the specific time can not be mastered, the space also means change, to operate only to draw these channels, the price breaks through the upper rail of the channel or to the lower band of the channel can be operated.
On the plate, although the pie looks so weak, we will see that the metaverse concept is still relatively strong, which creates a problem, that is, the metacosm concept can not give guidance to the market, and even they are contrary to the market to a certain extent, and this primary color that is contrary to the market trend will always be imprinted in this plate. It can be simply understood as: the metacosm rises, the pie falls; the metacosm falls, the pie rises. Then we can simply draw a conclusion, when the metaverse is no longer strong, the market ushered in a turnaround. As long as the metaverse is still in a strong state, the pie will not have a good improvement. On the other hand, if the pie is relatively good, it means that the metacosm is going to rest for a while. This is a small auxiliary judgment method.
At present, the time of this week is not more than half, although the market looks weak, but the money-making effect is still there, and it should be noted that the ether is good, the other mainstream of the market is good, there is no price of the first 57,000 back to the pie, only the pie itself is broken, but there is no further downward, the market resistance is very strong. When the big cake says, OK, I don't pretend, the market will rebound. But as long as the pie is still such a weak look, it will continue to rub, keep patience, do not be impatient, and do not think about whether the market will fall where it will fall, once you start to ponder, the heart is moved, and it is easy to be caught. So, let Ligo play with its snake, and we continue to wait patiently. Again, not to the end, nothing.
That's all for today, and I wish you all the best of luck with your investment. With the trend, with the time, I am the cat K, and will continue to go on, we will see you tomorrow.
This article is reproduced from the public number [Blockchain Today Express]
Investment is risky, and you need to be cautious when entering the market. The above views are for reference only.