Cryptocurrency News
November 20 Highlights:
1. Greekslive: All signals point to a crash at the 519 level.
2. Core launches Fusion upgrade, supporting dual staking of Bitcoin and CORE.
3. opBNB collaborates with Pyth Network to support DeFi applications.
4. Shaquille O'Neal pays $11 million to settle NFT class action lawsuit.
5. Trump considers appointing Stabenow as SEC chairman, other candidates emerge.
Trading Insights
Want to turn a few thousand into millions in crypto trading? Let me share some tips, but remember, this is serious business, so learn diligently! First, when you see those skyrocketing coins, if they start to drop from a high position for 9 consecutive days, keep your eyes wide open and follow the trend; an opportunity might just arise. Conversely, if a coin has risen for two days straight, don’t celebrate too early; it’s best to reduce your position quickly, as steady investment is key. There’s also a pattern: if a coin surges more than 7% in one day, it’s likely to continue climbing the next day, so you can hold off on selling for now. For those truly strong coins, don’t rush to buy in all at once; wait for a pullback and stabilization before entering. If a coin has been stagnant for several days, wait three more days to see if there’s still no movement, then consider switching to another coin; don’t hang on to just one. If a coin you bought today can’t even recover yesterday’s cost tomorrow, don’t hesitate; pull out quickly and avoid getting stuck. There’s a saying in trading: “If there are three on the rise, there will be five; if there are five, there will be seven,” meaning if a coin has risen for two consecutive days, you can look to buy at a low point, as the fifth day is usually a good selling point—make sure to seize the opportunity. Trading volume is the barometer of trading; it’s essential to study it well. If the price breaks out with volume at a low level, it might be ready to take off; if it’s at a high level but can’t move up with volume, then run—don’t hesitate. Follow the trend in trading; only coins in an upward trend are worth your time. For short-term, look at the 3-day line; for medium-term, the 30-day line; and for long-term, the 120-day line. If these lines are turning upwards, it’s a signal for an increase.
LIFE IS LIKE
A JOURNEY ▲
Below are the real-time trades from the Big White Community this week. Congratulations to those who followed along; if your trades aren’t going well, you can come and test the waters.
Data is real, and each trade has a screenshot from the time it was issued.
Search for the public account: Big White Talks Crypto
BTC
Analysis
Bitcoin's daily line rose from a low of around 90350 to a high of around 93950 yesterday, reaching a new high and closing around 92300. The support level is near the MA7 moving average, and a pullback can be bought near this level. The upper resistance is around 93000; if broken, it can look towards new highs. MACD shows a decrease in bullish momentum. The four-hour lower pressure is near MA14; if broken, it can look towards MA30. A pullback can be bought near this level. MACD is oscillating and flattening, with the two lines converging.
ETH
Analysis
Ethereum's daily line experienced a pullback yesterday, dropping from a high of around 3220 to a low of around 3065, closing around 3110. The support level is near 3025; if broken, it can look towards MA200. A pullback can be bought near this level. The upper pressure is around 3225; MACD shows a decrease in bullish momentum, forming a death cross. The four-hour upper pressure is near MA60, and the lower support is near MA90; a pullback can be bought near this level. MACD is oscillating, with the two lines converging.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag; if you have any questions, feel free to consult.
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