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2024.11.3 market intraday analysis
Currently BTC has fallen below the daily candlestick support. The important support today is at the position of 69500, which is both the daily candlestick and the long and short support of the four-hour chart. If the four-hour chart cannot close above 69500 today (this position is valid until eight o'clock tomorrow morning), this wave of market will not go up. The daily candlestick will start to pull back, and the support below the pullback is 68858.67619.66417.
At least four hours to close above 69500.longer market will usher in a reversal, the target is: 69907.70521.71658. Near these positions
The trading strategy can be focused around the vicinity of 69500 to go long. Go short on the rebound, and if it closes above 69500 on the 4-hour chart, switch to a long position. Refer to the above positions for both long and short targets.
I have a long order position of 60800. After the analysis is complete, I will close 80% of the position and exit early for risk avoidance. Secondly, the daily candlestick support has broken, indicating that the higher timeframe does not support long positions.
ETH
All levels of Auntie are shorting, with Rebound as the main strategy. Pay attention to short orders in the smaller timeframes, and manually exit when the four-hour closing breaks above 2500. Short order targets: 2430, 2383. For conservative traders, wait for shorts around 2530.
SOL
SOL daily candlestick is pulling back, with a focus on shorting and rebound. Today, pay attention to the rebound around 166.168.171. If it fails to rebound above 166 today, it will continue to decline. Watch out for the support levels at 162.159.155 below #BTC .