The whole market is falling. Two new setups emerged today: one held, while the other was rejected as soon as it broke above.
At the 10-29 close, BTC closed at 77,991.89, still below the 81,200 invalidation level for the 8th candle. The only one to reclaim EMA20 was $HYPE : it closed at 89.06, with the moving average at 81.92—the first candle above it in 14 candles. The signal candle was on 10-27 (high 81.94, low 77.17). The next day it closed at 80.69, falling 1.25 short of the confirmation level. It didn’t break above until 10-29—one day late. Tomorrow, I’m not watching how high it can rally; I’m watching whether it can hold above 81.92 at the close. If it closes back below, we’ll have to start counting from “candle 1” again. Above that, 97.74 is the 10-29 high.
The opposite case is $TRX : on 10-29 it closed at 0.3524, above EMA20 at 0.3334 for the first time in 11 candles. That day was the signal candle (high 0.3654, low 0.3286). Today’s intraday high was 0.3636, falling 0.0018 short of the confirmation level, then it slid all the way back to 0.3296. It’s now at 0.331 intraday, back below the moving average. Tomorrow, watch whether 0.3286 holds and whether it can close back above 0.3334.
It turned around over a mere 0.0018—same script as BNB in this afternoon’s post, just a day faster.
Help me keep an eye on one tomorrow: A. Can HYPE close above 81.92 and hold there? B. Will TRX close below 0.3286 and invalidate this move? Comment with an asset you’re following, and tomorrow morning I’ll scan them all using the same criteria.
#技术分析 #K线结构 #交易复盘 #RiskManagement
At the 10-29 close, BTC closed at 77,991.89, still below the 81,200 invalidation level for the 8th candle. The only one to reclaim EMA20 was $HYPE : it closed at 89.06, with the moving average at 81.92—the first candle above it in 14 candles. The signal candle was on 10-27 (high 81.94, low 77.17). The next day it closed at 80.69, falling 1.25 short of the confirmation level. It didn’t break above until 10-29—one day late. Tomorrow, I’m not watching how high it can rally; I’m watching whether it can hold above 81.92 at the close. If it closes back below, we’ll have to start counting from “candle 1” again. Above that, 97.74 is the 10-29 high.
The opposite case is $TRX : on 10-29 it closed at 0.3524, above EMA20 at 0.3334 for the first time in 11 candles. That day was the signal candle (high 0.3654, low 0.3286). Today’s intraday high was 0.3636, falling 0.0018 short of the confirmation level, then it slid all the way back to 0.3296. It’s now at 0.331 intraday, back below the moving average. Tomorrow, watch whether 0.3286 holds and whether it can close back above 0.3334.
It turned around over a mere 0.0018—same script as BNB in this afternoon’s post, just a day faster.
Help me keep an eye on one tomorrow: A. Can HYPE close above 81.92 and hold there? B. Will TRX close below 0.3286 and invalidate this move? Comment with an asset you’re following, and tomorrow morning I’ll scan them all using the same criteria.
#技术分析 #K线结构 #交易复盘 #RiskManagement
