Those who can buy are apprentices, those who can sell are masters, and those who understand empty positions are the ancestors! In trend swing strategies, the choice of buying points is secondary, while selling points are key; however, good capital management is the soul of trend swing trading.
The secondary rise of the "Aunt" breaks the box structure, and the small trend long positions were notified to capture this wave of increase before the market changes. The longer the box oscillates, the more certain the market change is, but whether it goes up or down depends on experience and technology combined with position control to test the waters. Currently, after a series of upward movements on the 4-hour chart, there was a pullback and adjustment at 3389. From the candlestick perspective, the previous high around 3450 can serve as a temporary short-term reference.
Let's predict the weekly trend. If the weekly chart is to close with a double needle, there are two probabilities: testing the previous high without breaking it, or slightly breaking the previous high and then pulling back. Therefore, the short-term trend feedback is strongly bullish, but it can also be attempted with proper risk control. The short-term focus below is on the conversion of the top and bottom around 3230. Note! Short positions are against the trend and must be reasonably planned.
11.22 Aunt's short-term suggestions: If 3440 does not break, short between 3390-3410, looking for 80-120 points.
If 3530 does not break, short between 3480-3500, looking for 80-150 points.
If 3230 does not break, long between 3280-3250, looking for 80-120 points.
The above suggestions are for reference only; please ensure proper risk control.
Wishing you successful trading!
Alright, friends, we will say goodbye until next time. I wish everyone continued success and smooth sailing in the crypto world! More real-time suggestions will be sent internally. Today's brief update ends here. For more real-time suggestions from Aunt, find Gege.
Written by/ I am trader Gege, a friend willing to accompany you in your resurgence.
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