FightBlock

DOGE: 10% floating profit for long orders, continue to hold

In the analysis of DOGE on November 29, it was proposed that DOGE rebounded strongly after the previous decline and may develop into a reversal trend. DOGE has risen to a maximum of 0.09 today, breaking through the high of November 17, and a reversal trend has been confirmed. The red circle is the position where we open a long position, the cost is below 0.08, and the current floating profit has exceeded 10%.
From the market perspective, DOGE is currently rising along the yellow trend line, so you need to pay attention to the support effect of the yellow trend line after the next price pullback. If it falls below, you need to be alert to the possibility of the end of the rising market.
In terms of data, after the price rose to 0.09, the 1-hour OBV declined, indicating that long funds began to withdraw, but the overall trend is still continuing to rise. The 1-hour MACD is adjusting towards the 0 axis after a dead cross. The market is currently very strong. This short-term adjustment may end soon and continue to attack the target price of 0.095.

The valuation range was adjusted to 0.082-0.095 during the week

operate
You can continue to hold long orders and set a stop loss protection at the cost price.

MEME: Pay attention to the breakthrough of two key positions

In the analysis of MEME on November 27, it was mentioned that the price of MEME has entered the undervalued range, and small positions can be opened in batches for spot positions. MEME itself has no investment value at all. To put it bluntly, it is listed on Binance and has a certain degree of discussion. MEME's new coin mining in the Binance Launch Pool has ended recently. The chips distributed have also been sold by retail investors. Now it just depends on when it is ready to cause trouble. Combined with the recent on-chain data monitoring that the project party transferred more than 1 billion MEME coins, it is estimated that it is time. After all, the project side also needs to ship goods, and at least it must first stir up the excitement before it has enough liquidity to undertake its sell-off.
From a technical perspective, MEME pulled a wave shortly after being listed on Binance, and then began to fall from a high. The rebound after the decline began to be blocked only at the half point, and the trend was really too weak. A triangle pattern can be drawn based on the trend of MEME after falling from its high level. The current price has almost reached the end of the triangle. The main observation points are the strength of the breakthrough of the upper edge of the triangle pattern, and whether the Fibonacci position of 0.618 ($0.345) above it can stand firm. If the price breaks through $0.345 and stands firm, the target is still optimistic that it will continue to break the previous high.

operate
You can continue to open a spot position at the current price.

BCH: Go long and watch for trendline breakout

In the analysis of BCH on November 23, it was mentioned that the upward trend of BCH is running around an ascending channel. If the ascending channel is broken, the price may continue to find a new support point. BCH is still within the channel, and has been oscillating sideways for a period of time at the lower edge of the channel. There is a chance for a rebound to boost the market.
There are currently two downward trend lines for BCH. The blue line is a large-level downward trend line starting from the high point in the second half of the year, and the green line is an accelerated downward trend line. The price of BCH needs to break through the green line first, and then test the pressure of the blue line (yellow circle area). When the price breaks through the blue line again, BCH will usher in a new wave of upward trend.

operate
The limit price for long orders is 218, and the stop loss price is 212.

DOT: short-term head and shoulders bottom pattern, try to enter the market with long orders

On November 24, DOT's analysis mentioned that DOT had ended its previous upward trend and the price had begun to enter a consolidation stage. It believed that the current increase was only temporary and that it would continue to rise after the consolidation was over. It has been a week since the last analysis was released, and DOT’s consolidation trend has almost come to an end, and it may start to choose a direction within the next day or two.
Based on the last analysis, we tend to believe that DOT will choose the upward direction next. The blue line is a downward trend line coming down from the high level, which has suppressed the price many times. Only by breaking through this downward trend line can DOT usher in the next wave of rising prices.
In terms of technical indicators, the 1-hour OBV data continues to decline, and has begun to deviate from the price, suggesting pallet shipments. Although the 1-hour MACD has formed a golden cross, it did not allow the price to form a strong rebound. But at the same time, we also noticed that the price has been supported after touching around $5 many times. In the short term, a head and shoulders bottom pattern appeared, which is a short-term bullish pattern.

The valuation range was adjusted to 4.8-5.8 during the week

operate
Based on the above point of view, if you don’t have long orders currently, you can try to intervene with small positions and long orders near $5.1, with a stop loss price of $5.

DOGE: The rebound is strong and is expected to continue upward

In the analysis of DOGE on November 24, it was proposed that after DOGE breaks through the downward trend line, the possibility of continuing to fall sharply in the short term is unlikely, and long orders can be intervened in a timely manner. Then DOGE started a volatile upward trend. The current price, calculated according to the Fibonacci sequence, has exceeded the decline of 0.618. It is a relatively strong rebound and may even directly develop into a reversal trend.
In terms of technical indicators, the 1-hour OBV data continues to rise, indicating that bulls are constantly entering the market and have the opportunity to continue to raise the price. The 1-hour MACD did not fall after the dead cross appeared. Instead, it showed signs of intending to directly turn the dead cross into a golden cross through a strong rise.
Based on the recent upward trajectory of DOGE, an upward trend line (blue line) can be drawn. If the price has the opportunity to cross the blue line again in the future, you can try to enter the market with a long order.

Adjustment
The valuation range was adjusted to 0.075-0.085 during the week

operate
You can place limit price long orders between 0.79-0.8 to see if there is a chance to receive them, and the stop loss can be slightly relaxed.

GRT: ready to go

In the analysis of GRT on November 13, the medium-term trend of GRT was deduced and a bullish view was given in the medium and long term. Judging from the current data, GRT's bullish view has been further confirmed.
First of all, on the market, the price of GRT has now reached the upper edge of the big triangle. Although the rise is blocked here, it does not turn directly downward. Instead, it forms a high consolidation here, with the intention of continuing to accumulate strength for an upward move. We mentioned in the previous analysis that this oscillatory triangle is the largest cyclical form formed by GRT after it fell from the 21-year high. Therefore, once it breaks through, there is a high probability that a trend will emerge.
From the perspective of technical indicators, the daily OBV data continues to rise, and no obvious retracement has been seen so far, and the willingness of bulls to hold positions is strong. The price has also stepped back on the 30-day moving average in the recent adjustment, which can be regarded as a correction to the market that rose too quickly in the early stage. The weekly level MACD has officially broken through the zero axis, which also laid the foundation for the emergence of an upward trend.
Considering that Bitcoin is currently in a volatile market trend after being the first to rise higher and then fall back, this is the moment when altcoins begin to perform. Generally, when the first wave of decline in Bitcoin occurs, the altcoins will first follow the decline to a certain extent, and then the altcoins will become stronger. The currency will start to have its own independent market. Therefore, if you already have a bottom position, you can not close the position for the time being, wait for the market to break through, and set a cost price stop loss protection.

operate
As long as the price of GRT has corrected recently, it is an opportunity to intervene, but be sure not to use high leverage. At this time, it is more suitable to cover your position as it falls and slowly enter the market.

ETH: The daily level adjustment is coming, patiently wait for long orders to enter the market

In the analysis of ETH on November 22, it was believed that if ETH breaks through the downward channel, there will be a short-term long opportunity. After that, ETH indeed broke through the downward channel and began to continue to rise, but the tracking did not reach the position we expected at $2142, and it began to turn downward at 2133.
Judging from the disk, the price of BTC has hit a new high for the year again last week, while the highs of ETH are getting lower and lower, indicating that the current market funds are not on its side and the willingness of bulls to pull the market is not high. ETH has now entered the price fall adjustment stage following BTC. The yellow circle position happens to be the upper edge of the previously broken down channel. It is expected that the price will get certain support if it falls back to this area. However, if the ETH price falls into the downward channel again, the channel pattern will no longer hold. At this time, the entire trend of ETH from November 9 to now needs to be regarded as a shock range, and the range is 1904-2137. ETH will continue to fluctuate and adjust within this range until it finally breaks through the range and starts a trend again.
In terms of technical indicators, the 1-hour MACD indicator has shown continuous dead crosses and has been below the 0 axis. The OBV data has also continued to decline. Both data are not conducive to the bulls.

operate
According to the analysis on November 22, if you open a long position, the cost price should be around US$2,000. This order can currently take profit at any time and wait for a better opportunity to take it back. If you don’t want to take profit yet, set a cost price stop loss protection.
The yellow circle position (2010) in the picture is a potential support point, but according to the current daily trend, the support effect of this position may not be very good, so this is not a safe entry point; the red circle position (1904 ) is the lower edge of the shock range and the support point after multiple price pullbacks. This is an ideal entry position for long orders.

DOGE: Short-term fluctuations, layout for long positions

In the analysis of DOGE on November 12, it was mentioned that the medium to long-term outlook for DOGE is bullish, and opportunities should be sought to enter long positions. From the current market situation, the upward trend of DOGE has turned into a downward trend, and based on the current rebound strength, it is likely that the downward movement is not yet over. The energy bars of the 1-hour MACD indicator are starting to weaken, and it is likely to form a dead cross again and move below the 0 axis. Although the OBV data has rebounded somewhat, it is still incomparable to the magnitude of the decline, and the willingness of bulls to hold positions is not high.
The blue line in the chart is the descending trend line of DOGE from the high point, and the current price has broken through the descending trend line, indicating that the possibility of continuing to drop significantly in the short term is low. It is more likely to show a fluctuating downward or sideways trend. It is expected that DOGE will still have opportunities to test the support of the red upward trend line again, and the yellow line area is a potential long entry point.

Operation
0.072 can be set as a limit long position, waiting for the opportunity to be filled, stop-loss price 0.069

DOT: Continue to hold the bottom position. If the price rises, you can close the position and take profit.

In the analysis of DOT on November 7, we mentioned that we can wait for the price of DOT to fall back to the yellow line area before opening a long position. On the evening of November 9, DOT fell sharply and then reached the yellow line area and began to rebound, with the price reaching a maximum of $5.9. Then started to fall back.
Judging from the current market situation, DOT has begun to see chip supply after reaching $5.9, and its rise has been hindered. The daily MACD has formed a high dead cross, and the short-term market has begun to enter the correction and rest stage. There are currently no signs of ending the consolidation. Although the OBV indicator has temporarily stopped falling, it has not yet shown an upward momentum, and it is impossible to judge that long funds have entered the market to buy the bottom. There are initial signs of a turning point in the Bollinger Bands, but the Bollinger Bands middle track has supported the latest decline, making the entire consolidation market now tend to move sideways, and the bulls still show enough resilience.
Since many indicators show that the current market adjustment has not yet ended, if there is a short-term rise, we should also be wary of the possibility of attracting bullish prices. The safer entry point for long orders is to give priority to the position above the yellow line area. As the market continues to run, the two indicators of the daily 90 moving average and the lower Bollinger Bands will also reach the yellow line in sequence. After multiple indicators converge, the support effect of the yellow line will be more significant.

Adjustment
We believe that DOT's current rise is only temporary and will continue to rise after the market adjustment is over. The target price is raised to $7.

operate
You can continue to hold the long orders established at 4.5-4.6. If the short-term market rises rapidly again to around $5.9, you can close the position first and take profits. After the price falls again, you can enter the market at the cost of 4.5-4.6.

BCH: Short-term shock, spot placement at low level

The lowest point of BCH in the second half of this year appeared on August 16. Since then, it has been slowly climbing along the ascending channel. However, the recent decline has actually fallen below the channel. If it cannot return to the channel immediately in the short term, the next The market will most likely continue to drop in search of support.

Switching to the weekly level, BCH experienced a driving wave in June, and then began to stall until now. Judging from the overall trend, BCH's rising market should not be over yet, especially considering that the halving is coming in less than five months, and there is still a halving market that can be hyped. If there is a chance that BCH will return below $180 in the near future, you can consider stepping into some spot positions to take advantage of the halving hype opportunity. However, it should also be noted that since the consolidation began in July, the maximum retracement of BCH has been close to 70% of the increase, indicating that the entire bull market is not stable, so even if there is a rising market in the future, it may not last long. It would be too long.
The green line area is the lifeline of BCH. If it falls below this, the entire rising market this year will be completely over. The red line area is the intensive distribution area of ​​chips since the last bull market, and it is also the maximum pressure level. Only if it breaks through the red line area, BCH will have a chance. A real bull market may be in store. The current price may still fluctuate up and down between the red line and the green line area, and it is expected that after the wash is over, it is more likely to rise than to fall.

operate
You can open a spot position at US$180.

ATOM: 8.2 limit to buy, hold and set a narrow stop loss

In yesterday's analysis of ATOM, our view was that a long strategy was lurking around $8.2. During the linkage callback last night and this morning, ATOM happened to reach this point, and long orders successfully intervened. The remaining follow-up is to hold the position and do some simple position management. Since there is no suitable moving average or other form to assist, we tend to do a protective take-profit at the cost price, or we can set a narrow range near 8.13. Stop loss (corresponding to the low on November 9)