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#ETH突破3600# On Monday's market overview: BTC has broken out of the bearish shark pattern on the right side, chasing rising prices of the bullish shark pattern.
BTC formed a doji bearish candle in the morning, while the weekly chart closed with a doji body bearish candle.
The market has begun to form a bearish shark pattern, just one step away from point D at 11.62, and it started to rebound before fully completing the shark; now another bullish shark pattern has appeared, predicting a pullback at point D at 12.04; currently, there is still a space of 3000 points between 11.74 and 12.04, so I choose to chase rising prices on the right side breakout.
Wait for BTC to break through 11.76 and stabilize without retracing to enter long positions, with a stop loss at 11.67 and targets at 11.88 and around 12; chase rising prices at 11.82 with a stop loss at 11.76; these two positions are both excellent places for reasonable breakouts to chase rising prices; short positions can be set at 12.04 with a stop loss at 12.1, targeting 11.88 and 11.79.
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