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"November 15, 2023
As mentioned earlier, a mid-month pullback. For those who are still on the sidelines, now is the first opportunity to bottom fish in the altcoin spot market. You can enter with 10% of your position, but it might be advisable to observe tonight before making a move. The big coin has just finished consolidating, and the tactics of the market whales are gradually returning to a state of large opening and closing. This is typical at the beginning of a bullish trend, always leaving those who are still skeptical and observing behind.
Technical Analysis:
Daily Chart: I am still more inclined towards the bullish side. At the beginning of a bullish trend, the tactics of the market whales tend to return to a state of large opening and closing. The target is 38,000-39,000.
Four-Hour Chart: After last night's waterfall, there will be a period of consolidation and volatility.
15-Minute Chart: It is not ruled out that there might be another dip to 34,500-34,600.
Action Plan: Go long at 34,500-34,600, and observe before taking further action." |
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