Analysis post, should we short or long the pancake?
#BTC
#缠论
#btc
#ChandeTheory
1-hour level 2 buy is forming, secondary level 30 N-character central oscillation. So at least wait for 3 minutes for the 2 buy.
3f is a downward + consolidation trend, not only 3f 2 buy, but also + small 3 buy confirmation.
Why was there no prompt for that 3f 2 buy around 11 AM? I'll tell you, because this wave of decline dropped directly from the top, and a good buying and selling point requires "left and right symmetry, up and down resonance"—these words should be well understood. A .15f level decline requires at least a secondary level a0+ level trend. You need to see K-line standing firmly above the 30 moving average on 3f. Then there must be a corresponding a0+ center above, but it has directly turned into a1 at this level. Figure 1 shows this left-right symmetry.
After confirming the buying point in Figure 3, pay attention to the position of the red line; if it doesn't touch, it will be an extended 3 sell. The bulls officially exit this wave of the bull market stage.
#BTC
#缠论
#btc
#ChandeTheory
1-hour level 2 buy is forming, secondary level 30 N-character central oscillation. So at least wait for 3 minutes for the 2 buy.
3f is a downward + consolidation trend, not only 3f 2 buy, but also + small 3 buy confirmation.
Why was there no prompt for that 3f 2 buy around 11 AM? I'll tell you, because this wave of decline dropped directly from the top, and a good buying and selling point requires "left and right symmetry, up and down resonance"—these words should be well understood. A .15f level decline requires at least a secondary level a0+ level trend. You need to see K-line standing firmly above the 30 moving average on 3f. Then there must be a corresponding a0+ center above, but it has directly turned into a1 at this level. Figure 1 shows this left-right symmetry.
After confirming the buying point in Figure 3, pay attention to the position of the red line; if it doesn't touch, it will be an extended 3 sell. The bulls officially exit this wave of the bull market stage.