24.10.25 Whale Index (Congratulations on the $1200 rise)Hello, we're Whale Signal
Analyzing Bitcoin's 1-hour chart yesterday, I told you that you need to observe it carefully in the retest segment when it settles on the white whale indicator
In fact, since the exact retest on the white whale indicator, we've seen a rise of more than $1,200
Congratulations to those who earned profits
My current view is that once again, the support line of the white whale indicator should be an important defense line. (Please note that the white whale indicator is updated in this uploaded chart.)
To sustain Bitcoin's current uptrend, we believe it's essential to keep the recent breakthrough sales range
If further rise continues, the movement in the 68.5K to 69K section becomes important again
This is the position where the formation of the head-and-shoulder pattern can be expected in the section,
This is due to the possibility of a disappointment sale opening if it fails to break through the highs under Dow theory
If the upward breakthrough fails due to continuous resistance in the 68.5K to 69K section, this section may become the entry point for a common short position. In this case, we plan to clearly establish a loss line, sell some of the supplies, and proceed with the main liquidation at the same time, and to hold the remaining supplies
However, if we break through the 68.5K~69K section and settle down (I think we should pay close attention to the 4 hours and the daily salary rather than the 1 hour salary), we plan to open up a scenario of further rise
If we continue to deviate from the white whale indicator at the bottom, we will need to closely monitor the overall situation of the market, but in this case, as mentioned earlier, we will maintain a strategy of implementing some blade and main liquidation while maintaining the loss line and holding the remaining volume
The above strategy is a risk management plan that can respond flexibly to market volatility and aims for a systematic approach based on critical resistance and support lines
It's unclear whether the market will move sideways this weekend or there will be high volatility, but we need to focus on important resistance and support segments ahead of the U.S. presidential election
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
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1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance
