Director's 909th original daily market analysis 2022.11.26
1. Market sentiment:
2. Chart structure:
1. Big Pie
The structure of the pie 1H:
At present, Bitcoin’s 1H decline seems to be almost adjusted, and it is time for the third 1H to rise. It depends on the strength of the third 1H rise.
It would be best if it could break through 17500 and go to 18500, which can directly eliminate the risk of three sells in 4H.
If the risk of three sells can be eliminated, it is equivalent to activating the entire market. Even if the market falls later, the risk of breaking the previous low is much lower.
The structure of the pancake 15F:
Looking from the left, the big cake has gone through three 15F declines and ended a 1H decline. Looking from the right, it is still at the first 15F increase. It can also be regarded as a 15F center. There may still be a pullback, and the pullback space is not large.
It is estimated to be around 16400, and then continue to break through this center with the third 15F, which is as shown in the figure. Of course, if it falls below 16200, this trend will be completely unacceptable.
2. Concubine:
The structure of Ether 1H:
Ethereum is still oscillating near the lower edge of the previous center. If it can maintain strong oscillation, then there is still a chance to break through the lower edge of the center and go to the 1250-1280 range.
Of course, it still depends on whether the price can maintain this strong shock. If it falls below the 1170-1150 range, it will turn downward directly. It is difficult to guarantee whether it will fall below the new low. It depends on the situation.
END
Kind tips
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