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If you want to do copy trading with us, please search đ„Twitter:@shrj001 The journey of chief trader. We are the best technical analyst in Binance.
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If you read my article carefully, you will find that it doesnât matter whether you pay the so-called membership fee or not. The trading strategies published in my article are more accurate than those you pay elsewhereâŒ
So the friends in the comment area below have sharp eyes. This predciiton of the surge of ETH has been posted for a week, and it is clarified that this move of ETH must be a surge⌠The LOWEST POINT is published with accuracy to the single digit, and all the accurat points are disclosed in my article. My philosophy is that trust is indeed should be established between people. I have this ability, so I am not afraid of others seeing it. I publish my article to you for free. If you make money and trust me, you will support me, then you can join us to become a membership in our group of copy trading . If you feel that you donât get enough for free from my articles, then the article is still permanently free and public, and you can get it for free until you are satisfiedâŒ
We called for going long when ETH didnât broke out 2880 before the anouncment of CPI. Then ETH accurately rose as a needle-shaped to 2885 one hour before the announcement of CPI. Then the day before yesterday, there was a big rise. I was afraid that everyone would not be able to open trading, so I continued to issue new points for opening trading to everyone. Therefore, we called for going long at 3058, and ETH fell to the lowest point at 3049 and we successfully earned money from this tradingâŒ
#BinanceLaunchpool #btc70k #BTC
So the friends in the comment area below have sharp eyes. This predciiton of the surge of ETH has been posted for a week, and it is clarified that this move of ETH must be a surge⌠The LOWEST POINT is published with accuracy to the single digit, and all the accurat points are disclosed in my article. My philosophy is that trust is indeed should be established between people. I have this ability, so I am not afraid of others seeing it. I publish my article to you for free. If you make money and trust me, you will support me, then you can join us to become a membership in our group of copy trading . If you feel that you donât get enough for free from my articles, then the article is still permanently free and public, and you can get it for free until you are satisfiedâŒ
We called for going long when ETH didnât broke out 2880 before the anouncment of CPI. Then ETH accurately rose as a needle-shaped to 2885 one hour before the announcement of CPI. Then the day before yesterday, there was a big rise. I was afraid that everyone would not be able to open trading, so I continued to issue new points for opening trading to everyone. Therefore, we called for going long at 3058, and ETH fell to the lowest point at 3049 and we successfully earned money from this tradingâŒ
#BinanceLaunchpool #btc70k #BTC
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Beware of some so-called traders and professional analysts âŒïžâŒïž
Beware of some so-called traders and professional analysts who donât offer practical strategies but put on an act ⌠They intend to deceive you into buying some investment products, and they get huge profits in the name of technical analysts, but you end up losing a fortune âŒïžđ©ž95% of people lose money in the currency circle, which means that most of the so-called technical analysts actually fall into the same category âŒïžđ©ž
Actually, it is very easy to tell whether a so-called technical analyst or a blogger is reliable or not. If they donât openly tell you trading prices, donât pingpoint the specific location and direction in the K-line, but just let you guess, or draw the support line and resistance line in an ambiguous way. In fact, this is to take advantage of psychological effects. Firstly, draw a so-called technical chart to make you feel that he is an expert. Secondly, any line in his chart can be broken or not. He doesnât tell you the direction but lets you judge it. Then there will be a psychological effect created. This is your own choice, so you will think those make sense. If the price breaks through the below support line, you will think he is really reliable and professional. If the price doesnât break through the below support line, you will think so too. Because he takes advantage of your psychological effects to make you fall into his trap. the Therefore, he can pass the responsibility for making mistakes on to youâŒ
A truly good trader doesn't take technology as a priority, and talks less about technology but more about practical operations in trading. No lines drew in K-line can present you with a good trading strategy. For example, when we send articles to fans, we will clearly present the K-line and draw the technical line, which represents the dividing line between long and short positions. At the same time, our articles will clearly state which specific point of price is suitable for going short or going long, and identify whether the trend is long or short. We clearly and openly offer these strategies and predictions of market trends to our followers to make money for free in advance ⌠This is practical technology without any deception, hoax, or pretentiousness. No technology is useless. What really useful and practical strategies are to make your wallet fatter in real trading rather than so-called techniquesâŒ
Actually, it is very easy to tell whether a so-called technical analyst or a blogger is reliable or not. If they donât openly tell you trading prices, donât pingpoint the specific location and direction in the K-line, but just let you guess, or draw the support line and resistance line in an ambiguous way. In fact, this is to take advantage of psychological effects. Firstly, draw a so-called technical chart to make you feel that he is an expert. Secondly, any line in his chart can be broken or not. He doesnât tell you the direction but lets you judge it. Then there will be a psychological effect created. This is your own choice, so you will think those make sense. If the price breaks through the below support line, you will think he is really reliable and professional. If the price doesnât break through the below support line, you will think so too. Because he takes advantage of your psychological effects to make you fall into his trap. the Therefore, he can pass the responsibility for making mistakes on to youâŒ
A truly good trader doesn't take technology as a priority, and talks less about technology but more about practical operations in trading. No lines drew in K-line can present you with a good trading strategy. For example, when we send articles to fans, we will clearly present the K-line and draw the technical line, which represents the dividing line between long and short positions. At the same time, our articles will clearly state which specific point of price is suitable for going short or going long, and identify whether the trend is long or short. We clearly and openly offer these strategies and predictions of market trends to our followers to make money for free in advance ⌠This is practical technology without any deception, hoax, or pretentiousness. No technology is useless. What really useful and practical strategies are to make your wallet fatter in real trading rather than so-called techniquesâŒ
Personally, I think that the future of the cryptocurrency will be dominated by a few coins that are BTC and ETH, followed by SOL.đ°đ°
On the other hand, none of the altcoins in the past few years have really made investors make money.
Another problem is that the amount of funds in the cryptocurrency is actually small. Too many altcoins have emerged to divert investors' funds. In the end, these investors' money were fleeced by the altcoins and then those altocin were delisted.
In fact, most of the funds have been diverted into the altcoins, so the money flowing into Bitcoin will be less, resulting in the price of Bitcoin not being able to incerese. Once the value of Bitcoin cannot be increased , there will be less money invested in the cryptocurrency. Therefore, a larger amount of funds of investers will be fleeced by those altcoins whose values have been increase a lot, making Bitcoin even more difficult to increase.
The wealth-creating effect of the crypocurrency circle will disappear, and it will be difficult for new investors to enter the cryptocurrency market. Looking at the global financial market, there are no such a lot of investors fleeced by those altcoins as in today's crytocurrency circle,except for Bitcoin and Ethereum holders, almost all investors are losing money. The market needs to be improved, and investors' awareness will also raised. The future market of altcoins will become more and more belak. The performnace of those altcoins in this bull market is the best proof.đ°đ°#CPI_DATA #DOGSCommunity
On the other hand, none of the altcoins in the past few years have really made investors make money.
Another problem is that the amount of funds in the cryptocurrency is actually small. Too many altcoins have emerged to divert investors' funds. In the end, these investors' money were fleeced by the altcoins and then those altocin were delisted.
In fact, most of the funds have been diverted into the altcoins, so the money flowing into Bitcoin will be less, resulting in the price of Bitcoin not being able to incerese. Once the value of Bitcoin cannot be increased , there will be less money invested in the cryptocurrency. Therefore, a larger amount of funds of investers will be fleeced by those altcoins whose values have been increase a lot, making Bitcoin even more difficult to increase.
The wealth-creating effect of the crypocurrency circle will disappear, and it will be difficult for new investors to enter the cryptocurrency market. Looking at the global financial market, there are no such a lot of investors fleeced by those altcoins as in today's crytocurrency circle,except for Bitcoin and Ethereum holders, almost all investors are losing money. The market needs to be improved, and investors' awareness will also raised. The future market of altcoins will become more and more belak. The performnace of those altcoins in this bull market is the best proof.đ°đ°#CPI_DATA #DOGSCommunity
Are there any problems? If I don't show my profit chart from my signal group, I won't make money?
Surprise⌠There is a friend who made a profit of 44000U from a initial investment 7000U in just 7 days. He could make this profit by following my signal to operate on his own.
If I want to learn from those traders who boast themsevles can help you make money forever without suffering a loss, I could show the profit charts off in one day so that those people are stunned. Did I do so? No, I basically spend my time on typing and explaining how to trade. I only show my profit charts once for each market trend, so I don't waste time showing profits, and I won't post them one by one. I have so many followers in my signal group, so it is not necessary to spend much time to show those profit chart.#DOGSCommunity #CPI_DATA
Surprise⌠There is a friend who made a profit of 44000U from a initial investment 7000U in just 7 days. He could make this profit by following my signal to operate on his own.
If I want to learn from those traders who boast themsevles can help you make money forever without suffering a loss, I could show the profit charts off in one day so that those people are stunned. Did I do so? No, I basically spend my time on typing and explaining how to trade. I only show my profit charts once for each market trend, so I don't waste time showing profits, and I won't post them one by one. I have so many followers in my signal group, so it is not necessary to spend much time to show those profit chart.#DOGSCommunity #CPI_DATA
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#æ°ćžæçżDOGS #æ°ć ééć°ćčŽäŒ
Analysis of the morning market on August 21
BTC fell below 60,000. I have publicly predicted it will form a a door-like shape movement within a day, then will rise with a V-shaped reversal pattern on the chart. At the same time, I also said that Ethereum will also decline in line with BTC, but the decline of Ethereum will be smaller. Although Ethereumâs movement is weak, it has increase and decrease with samll fluctuation. However, there will no longer be a situation where Bitcoin has a slight falls while Ethereum has a sharp decline. Ethereum's downward space is limited. The figure below for Bitcoin has showed its support level. The current position of thedoor-like shape pattern just hit the support level. We successfully grasp this market trend.
On the Ethereum side:the first support level is between 2540 and 2470.
The current lowest spike is at 2556, which is very close to the support level. There may be a short selling trap to liqudate the longs in the support area once more today.
#CPII t#tonecoin
BTC fell below 60,000. I have publicly predicted it will form a a door-like shape movement within a day, then will rise with a V-shaped reversal pattern on the chart. At the same time, I also said that Ethereum will also decline in line with BTC, but the decline of Ethereum will be smaller. Although Ethereumâs movement is weak, it has increase and decrease with samll fluctuation. However, there will no longer be a situation where Bitcoin has a slight falls while Ethereum has a sharp decline. Ethereum's downward space is limited. The figure below for Bitcoin has showed its support level. The current position of thedoor-like shape pattern just hit the support level. We successfully grasp this market trend.
On the Ethereum side:the first support level is between 2540 and 2470.
The current lowest spike is at 2556, which is very close to the support level. There may be a short selling trap to liqudate the longs in the support area once more today.
#CPII t#tonecoin
LIVEéŠćžæçææ„èź°
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After Bitcoin broke through 60,000, it could not stabilize here. Is the market heading for a weak declineâ No⌠The current market is more like a aggressive short selling trap before a wave of upward trendâŒ
Everyone knows that both the U.S. stock market and the cryptocurrency circle experienced a shar[p fall after the Federal Reserve announced unemployment data last week. It can be said that this plunge shocked all traders. However, this unemployment data is not objective statistic. Therefore, after the decline of the U.S. stock market, more traders believe that the Fedâs interest rate cut from September to October will be positive news, so the U.S. stock market took the lead in starting a bounce.However, there are many institutions are still initiating the whipsaw to make the immaturity of traders and t many investors in Bitcoin to lose money, which caused a surge of the U.S. stock market that everyone saw last week, while the crypocurrency expeienced a constant delcine. In fact, it is not a negative news, but the entire US financial system generally believes that there will be a bull market from September to October, but the institutional control methods of the currency circle are stronger, and the trading ability of retail investors is weaker, so it takes longer for Bitcoin to wash the market. That is why the US stock market took the lead in launching a large-scale rebound due to the influence of the Federal Reserve data, but the currency circle is still falling. So I am personally more bullish on the subsequent trend.Then there may be a small bull market by the end of September at the latest. It is possible for ETH to break new highs, but if it does not do so, it is possible to form a one-way market trend , with a upward movement.
Therefore, we suggest that everyone place long orders at 2556 since Ethereum has been stagnant and weak. At present, this buy order is still held, and we want to hold this buy order for a long time until the end of this week. Let's see if there is a chance to form a one-way upward trend to make a larger profit.#CPI_DATA
Everyone knows that both the U.S. stock market and the cryptocurrency circle experienced a shar[p fall after the Federal Reserve announced unemployment data last week. It can be said that this plunge shocked all traders. However, this unemployment data is not objective statistic. Therefore, after the decline of the U.S. stock market, more traders believe that the Fedâs interest rate cut from September to October will be positive news, so the U.S. stock market took the lead in starting a bounce.However, there are many institutions are still initiating the whipsaw to make the immaturity of traders and t many investors in Bitcoin to lose money, which caused a surge of the U.S. stock market that everyone saw last week, while the crypocurrency expeienced a constant delcine. In fact, it is not a negative news, but the entire US financial system generally believes that there will be a bull market from September to October, but the institutional control methods of the currency circle are stronger, and the trading ability of retail investors is weaker, so it takes longer for Bitcoin to wash the market. That is why the US stock market took the lead in launching a large-scale rebound due to the influence of the Federal Reserve data, but the currency circle is still falling. So I am personally more bullish on the subsequent trend.Then there may be a small bull market by the end of September at the latest. It is possible for ETH to break new highs, but if it does not do so, it is possible to form a one-way market trend , with a upward movement.
Therefore, we suggest that everyone place long orders at 2556 since Ethereum has been stagnant and weak. At present, this buy order is still held, and we want to hold this buy order for a long time until the end of this week. Let's see if there is a chance to form a one-way upward trend to make a larger profit.#CPI_DATA
Bull market return warning.
Bitcoin hit 60,000 for many times. It seems that the market is weak, but it is a strong signal of upward trend.
With the arrival of the interest rate cut, a bull market rally may form from the end of August to the end of SeptemberâŒ
This is not the first time I have told you about the market. According to the current market trend, I regard this plunge of Bitcoin from 70,000 to 48,000 as signal of a whipsaw for the bulls before the start of a huge bull market. It is a preparation for the subsequent bull market âŒ
Bitcoin quickly bounced to 60,000 after falling below 54,000 for the two rounds of plunges . It can be considered that the market has clearly rejected the price below 54,000đ©ž
This round of Bitcoin plunged from 70,000 to 48,000. Therefore, almost all the bulls and altcoins in the market were liquidated, and the value of altcoins were decreased by more than half. Almost all the long positions of Bitcoin were liquidated, and the purpose of market manipulators to whipsaw the longs and bear trap were achieved. Therefore, the current trend is very suitable for a one-way market trend , with a strong upward trend.
In this round of Ethereum, we also saw that after the decline stopped, Ethereum stagnated. Bitcoin hit 60,000 , but Ethereum was very weak, moving back and forth below 2600. We clearly pointed out that this is a trend of whipsaw for the longs. I think it is a good opportunity to go long⌠#CPI_DATA #tonecoin #Ppi
Bitcoin hit 60,000 for many times. It seems that the market is weak, but it is a strong signal of upward trend.
With the arrival of the interest rate cut, a bull market rally may form from the end of August to the end of SeptemberâŒ
This is not the first time I have told you about the market. According to the current market trend, I regard this plunge of Bitcoin from 70,000 to 48,000 as signal of a whipsaw for the bulls before the start of a huge bull market. It is a preparation for the subsequent bull market âŒ
Bitcoin quickly bounced to 60,000 after falling below 54,000 for the two rounds of plunges . It can be considered that the market has clearly rejected the price below 54,000đ©ž
This round of Bitcoin plunged from 70,000 to 48,000. Therefore, almost all the bulls and altcoins in the market were liquidated, and the value of altcoins were decreased by more than half. Almost all the long positions of Bitcoin were liquidated, and the purpose of market manipulators to whipsaw the longs and bear trap were achieved. Therefore, the current trend is very suitable for a one-way market trend , with a strong upward trend.
In this round of Ethereum, we also saw that after the decline stopped, Ethereum stagnated. Bitcoin hit 60,000 , but Ethereum was very weak, moving back and forth below 2600. We clearly pointed out that this is a trend of whipsaw for the longs. I think it is a good opportunity to go long⌠#CPI_DATA #tonecoin #Ppi
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ETH formed a reversal pattern within a trading day, creating a door-like shape on the chart⌠BTC breaks through and then falls below the 60,000 , and is about to fall againâ
Don't panic. This is actually a bullish trendâŒ
On last weekend, Ethereum and Bitcoin both ushered in a relatively strong bounce, but the trading volume is too small to break through the key resisitance level, so Bitcoin fell below 60,000 in the morning on Monday, and Ethereum also fell , forming a door-like shape on the chart. This is actually a very standard market manipulation to whipsaw the bulls before a major upward trend. ETH fell to 2605 and bounced to 2640. If its movement is unfavorable for trading, it may retest the support band between 2480 and 2540 for the second time. If its market trend is favorable, it will continue to rise to 2700 after the door-like shape pattern. The current maximum floating profit of my buy orders is nearly 40,000u, but I still did not choose to close the position but continue to hold them.
Other bloggers charge for orders and future entry points that are not as profitable and accurate. Follow me and give me a like, and you will get market analysis and prediction for free. Excellent teams can make huge profits and win the trust and hearts of followers. OUR TEAM HAS MADE HUGE PROFIT MORE THAN $30 MILLION. Our team will publish market analysis and predictions with accurate entry points and directions to fans for free every day. What I want to do is record my journey to becoming the best trader in the cryptocurrency circle. I hope you can join us.#CPI_DATA #tonecoin #Ppi
Don't panic. This is actually a bullish trendâŒ
On last weekend, Ethereum and Bitcoin both ushered in a relatively strong bounce, but the trading volume is too small to break through the key resisitance level, so Bitcoin fell below 60,000 in the morning on Monday, and Ethereum also fell , forming a door-like shape on the chart. This is actually a very standard market manipulation to whipsaw the bulls before a major upward trend. ETH fell to 2605 and bounced to 2640. If its movement is unfavorable for trading, it may retest the support band between 2480 and 2540 for the second time. If its market trend is favorable, it will continue to rise to 2700 after the door-like shape pattern. The current maximum floating profit of my buy orders is nearly 40,000u, but I still did not choose to close the position but continue to hold them.
Other bloggers charge for orders and future entry points that are not as profitable and accurate. Follow me and give me a like, and you will get market analysis and prediction for free. Excellent teams can make huge profits and win the trust and hearts of followers. OUR TEAM HAS MADE HUGE PROFIT MORE THAN $30 MILLION. Our team will publish market analysis and predictions with accurate entry points and directions to fans for free every day. What I want to do is record my journey to becoming the best trader in the cryptocurrency circle. I hope you can join us.#CPI_DATA #tonecoin #Ppi
At the beginning of Monday, Bitcoin fell below 60,000 after a pullback. Will it continue to fallâ
If there is a whipsaw for the bulls at the 60,000 , I think it is very reasonable for the false signal that ETH just broke through 60,000 and then goes downtrend. In addition, today is also the beginning of the weekly chart for this week. ETH forms a lower wick on Monday, and then the weekly chart of ETH will exhibit a bullish trend for this week. I think it is a very reasonable market trend.
Therefore, accroding to the current market movment, I would not be very pessimistic to think that 60,000 cannot be stabilized after ETH declined in this morniing after it hit 60,000 yesterday.
I think this trend is very reasonable for a wave of slow upward movement. After all, the real upward trend comes from slow and steady rise followed by a sharp drop.#CPI_DATA #PowellAtJacksonHole
If there is a whipsaw for the bulls at the 60,000 , I think it is very reasonable for the false signal that ETH just broke through 60,000 and then goes downtrend. In addition, today is also the beginning of the weekly chart for this week. ETH forms a lower wick on Monday, and then the weekly chart of ETH will exhibit a bullish trend for this week. I think it is a very reasonable market trend.
Therefore, accroding to the current market movment, I would not be very pessimistic to think that 60,000 cannot be stabilized after ETH declined in this morniing after it hit 60,000 yesterday.
I think this trend is very reasonable for a wave of slow upward movement. After all, the real upward trend comes from slow and steady rise followed by a sharp drop.#CPI_DATA #PowellAtJacksonHole
ETH hit 2680 and then pulled back, almost falling below the 2600 ⌠Is it going to pull backâ
I think this is just a wave of whipsaw for the bulls, and there is limited downside potential for Ethereum. On daliy chart for Ethereum, you can see that ETH showed a strong upward trend over the weekend, closing two positive lines in a row. Today, its trend is a slight downward retrace , and it is very likely to form a hammer, and then turn to a upward trend, which is a favorable trend in my view at present.
Today is Monday, and the real market has only started today, so I still haven't taken profit for the buy order at 2556 long order, and I am still holding it, waiting for the major market on Monday. If the market continues to go upward as I said before, our profit will increase further.#CPI_DATA #PowellAtJacksonHole
I think this is just a wave of whipsaw for the bulls, and there is limited downside potential for Ethereum. On daliy chart for Ethereum, you can see that ETH showed a strong upward trend over the weekend, closing two positive lines in a row. Today, its trend is a slight downward retrace , and it is very likely to form a hammer, and then turn to a upward trend, which is a favorable trend in my view at present.
Today is Monday, and the real market has only started today, so I still haven't taken profit for the buy order at 2556 long order, and I am still holding it, waiting for the major market on Monday. If the market continues to go upward as I said before, our profit will increase further.#CPI_DATA #PowellAtJacksonHole
Ethereum is going to zeroâWhy is the Ethereum ETF experiencing a net outflow every dayâ
Is there any hope for Ethereum spot tradersđ©ž
In fact, Ethereum is a very easy-to-operate currency compared to Bitcoin, because Bitcoin's increase is very large, but Ethereumâs increase is very small, and Ethereum shares some feature of altcoins, with obvious signals of its ups and downs.
Take this round of decline as an example. In fact, everyone can easily identify this downward trend. You can see that Ethereum fell from its highest point of 2785 on August 14 to 2585 at 15:00 on the afternoon of August 15. This wave of decline can be regarded as the beginning of a round of downward trend. Actually, it is a clear entry signal for the investors to take advantage of a rally to open the short position after the downward trend starts. You can take a look at our trading suggestions in our signal group that is only accessibale for our members. We made a long order at 2526 in advance. After the price rebounded to 2680 last night, we suggested that everyone take profit on long orders and enter the market with a short position, following the market trend. Therefore, it is very easy to trade Ethereum by judging its market movement.#CPI_DATA #WBTC
Is there any hope for Ethereum spot tradersđ©ž
In fact, Ethereum is a very easy-to-operate currency compared to Bitcoin, because Bitcoin's increase is very large, but Ethereumâs increase is very small, and Ethereum shares some feature of altcoins, with obvious signals of its ups and downs.
Take this round of decline as an example. In fact, everyone can easily identify this downward trend. You can see that Ethereum fell from its highest point of 2785 on August 14 to 2585 at 15:00 on the afternoon of August 15. This wave of decline can be regarded as the beginning of a round of downward trend. Actually, it is a clear entry signal for the investors to take advantage of a rally to open the short position after the downward trend starts. You can take a look at our trading suggestions in our signal group that is only accessibale for our members. We made a long order at 2526 in advance. After the price rebounded to 2680 last night, we suggested that everyone take profit on long orders and enter the market with a short position, following the market trend. Therefore, it is very easy to trade Ethereum by judging its market movement.#CPI_DATA #WBTC
BTC quickly fell below 60,000.
Ethereum exchange rate hits the record low.
Will the hard landing of the Fed's economy bring global financial turmoilââŒïžđ„
First of all, if you are interested in the information from the market screen, you can observe the trend chart in Figure 1. Has Ethereum released a downward signal? We can observe its movement on hourly chart.
After Ethereum hit 2785 and reached its highest point on August 14, two heavy volume bearish candlesticks were quickly found on hourly chart, and ETH plunged to a low of 2585 on August 15, which can be regarded as the beginning of a downward trend. We opened a long psoirion at a low point since the previous upward trend, and took long. After going long at 2625, there was a rebound last night, with price rising to 2680.
As I have told you before, the previous wave of downward trend can be regarded as the beginning of a decline, so our long positions should not be held for a long time and then we opened short posotion after taking profit, making huge gains from both long and short positions. đ€đ€đ€#MarketDownturn #BinanceTurns7 #MtGoxJulyRepayments
Ethereum exchange rate hits the record low.
Will the hard landing of the Fed's economy bring global financial turmoilââŒïžđ„
First of all, if you are interested in the information from the market screen, you can observe the trend chart in Figure 1. Has Ethereum released a downward signal? We can observe its movement on hourly chart.
After Ethereum hit 2785 and reached its highest point on August 14, two heavy volume bearish candlesticks were quickly found on hourly chart, and ETH plunged to a low of 2585 on August 15, which can be regarded as the beginning of a downward trend. We opened a long psoirion at a low point since the previous upward trend, and took long. After going long at 2625, there was a rebound last night, with price rising to 2680.
As I have told you before, the previous wave of downward trend can be regarded as the beginning of a decline, so our long positions should not be held for a long time and then we opened short posotion after taking profit, making huge gains from both long and short positions. đ€đ€đ€#MarketDownturn #BinanceTurns7 #MtGoxJulyRepayments
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Analysis of the market in the morning of July 31
After hitting $70,000, Bitcoin plummeted $5,000 and then experienced a narrow-range oscilliation near $66,000. Will BTC surge to $80,000 after the liquidation of longs or will it continue to osicilliate in a wide range near $58,000â
The day before yesterday, Bitcoin hit the $70,000 mark and experienced a deep correction of 5,000 points immediately, casuing the longs were liquidated. Actually, I have successfully predicted this correction and it was published in my article in advance, so I called for going short near $70,000, but my prediction for this wave of decline was not a downward trend at that time. Our current prediction for this decline is the last liquidation for the longs before breaking through $70,000. In other words, I think that there will be a upward trend after this correction. If you are interested in it, you can take a look the support band for BTC between 65200 and 64400 and the support band for Ethereum between 3240 and 3180.
If BTC fails to broken through 64400 and ETH doesnât break through 3180, you can choose to enter the market with long position.
Follow the market trend, and continue to bet on the rising to break through $70,000⌠#Bitcoin_Coneference_2024 #BinanceTurns7
After hitting $70,000, Bitcoin plummeted $5,000 and then experienced a narrow-range oscilliation near $66,000. Will BTC surge to $80,000 after the liquidation of longs or will it continue to osicilliate in a wide range near $58,000â
The day before yesterday, Bitcoin hit the $70,000 mark and experienced a deep correction of 5,000 points immediately, casuing the longs were liquidated. Actually, I have successfully predicted this correction and it was published in my article in advance, so I called for going short near $70,000, but my prediction for this wave of decline was not a downward trend at that time. Our current prediction for this decline is the last liquidation for the longs before breaking through $70,000. In other words, I think that there will be a upward trend after this correction. If you are interested in it, you can take a look the support band for BTC between 65200 and 64400 and the support band for Ethereum between 3240 and 3180.
If BTC fails to broken through 64400 and ETH doesnât break through 3180, you can choose to enter the market with long position.
Follow the market trend, and continue to bet on the rising to break through $70,000⌠#Bitcoin_Coneference_2024 #BinanceTurns7
To trade, you must be optimistic enough.
What is to be optimistic? That is, you need to have a bigger picture⌠Why do some people think that the market will go downward but end up opening a positionâ Think back wether you face a situation that when you observed the downward trend and you should have short at a high price but you ended up going long. That is beacuse you paid too much attention to one or several bullish candlesticks which finally affected your own mind and your decision making.
Therefore, not everything in the world must follow the old saying â no pain no gains.â A good trading can make you feel relaxed, and help you make a lot of money more easily, but once you are very nervous or fantasize about taking advantage of the whole market trend, you will pay too much attention to the market condition, affecting your observation of the overall market for those little fluctuations⌠#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024
What is to be optimistic? That is, you need to have a bigger picture⌠Why do some people think that the market will go downward but end up opening a positionâ Think back wether you face a situation that when you observed the downward trend and you should have short at a high price but you ended up going long. That is beacuse you paid too much attention to one or several bullish candlesticks which finally affected your own mind and your decision making.
Therefore, not everything in the world must follow the old saying â no pain no gains.â A good trading can make you feel relaxed, and help you make a lot of money more easily, but once you are very nervous or fantasize about taking advantage of the whole market trend, you will pay too much attention to the market condition, affecting your observation of the overall market for those little fluctuations⌠#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024
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The wide-range oscilliation has lasted for 7 days.
The whole cryptocurrency circle lost its direction and all investors got liquidated, with amount to 250 million US dollars, while we entered the market with the long positions at the highest point, and we double our principal.
I have called for going long with a stop-loss put above the cost price in my previous article since the resistance level is between 3530 and 3560, and then wait for a crash.
You can see that for the highest point of Ethereum this time is exactly 3562, and there is no deviation from the peak at 3560 predicted by me. Therefore, we directly entered the market at the top price accurate to the single digits. I am the only one who called for shorting when the whole cryptocurrency circle was chasing the high. So how could I possibly make money with my accurate market predctions ?#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024
The whole cryptocurrency circle lost its direction and all investors got liquidated, with amount to 250 million US dollars, while we entered the market with the long positions at the highest point, and we double our principal.
I have called for going long with a stop-loss put above the cost price in my previous article since the resistance level is between 3530 and 3560, and then wait for a crash.
You can see that for the highest point of Ethereum this time is exactly 3562, and there is no deviation from the peak at 3560 predicted by me. Therefore, we directly entered the market at the top price accurate to the single digits. I am the only one who called for shorting when the whole cryptocurrency circle was chasing the high. So how could I possibly make money with my accurate market predctions ?#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024
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I think I have analized market movment very clearly yesterday.
A few days ago, some people always questioned whether it was right to short at 3500 under the major rising trend. After ETF fell to the zone of a wide-range oscillation at 3430 again yesterday, I told everyone that ETF will rebound slightly along $3430 first. and then fall below the 3430 with a wave of downward trend.
Look back at the market again, did ETH rebound to $3470 after touching $3430 yesterday, and then plunged at night with more than 300 points, and fell to near $3150âŒ
In my previous article, I have mentioned clearly that go short from 3516 to 3556. This wave of decline is close to a pattern door market movement, that is, a bearish engulfing pattern and there is no signal to stop of a decline. The next operation is still to short at the high price after a rebound and we will consider entering the market with long position after another wave of decline.#ETH_ETFs_Trading_Today #ElectionCampaign
A few days ago, some people always questioned whether it was right to short at 3500 under the major rising trend. After ETF fell to the zone of a wide-range oscillation at 3430 again yesterday, I told everyone that ETF will rebound slightly along $3430 first. and then fall below the 3430 with a wave of downward trend.
Look back at the market again, did ETH rebound to $3470 after touching $3430 yesterday, and then plunged at night with more than 300 points, and fell to near $3150âŒ
In my previous article, I have mentioned clearly that go short from 3516 to 3556. This wave of decline is close to a pattern door market movement, that is, a bearish engulfing pattern and there is no signal to stop of a decline. The next operation is still to short at the high price after a rebound and we will consider entering the market with long position after another wave of decline.#ETH_ETFs_Trading_Today #ElectionCampaign
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The price of ETH has fallen.
The signal I gave you really didnât disappoint anyone, but this wave of a wide-range oscilliation has lasted for 3 days before falling, and many people were confused by this market.
In a word, keeping waiting is the ultimate art of trading. Many people who enter the cryptocurrency circle are always perplexed by many voices here and there, but you donât know that the only way to make yourself achieve finacial freedom is to ensure that you can take advantage of 60% of the market trend without a huge loss, and you will have enough money to support the rest of your life in 2 years.
Some people didnât hold this short positions, while some made a lot of money from this short. I hope you can understand the transaction. Letâs encourage each other and create promising future together.#ETHETFsApproved #etherreum
The signal I gave you really didnât disappoint anyone, but this wave of a wide-range oscilliation has lasted for 3 days before falling, and many people were confused by this market.
In a word, keeping waiting is the ultimate art of trading. Many people who enter the cryptocurrency circle are always perplexed by many voices here and there, but you donât know that the only way to make yourself achieve finacial freedom is to ensure that you can take advantage of 60% of the market trend without a huge loss, and you will have enough money to support the rest of your life in 2 years.
Some people didnât hold this short positions, while some made a lot of money from this short. I hope you can understand the transaction. Letâs encourage each other and create promising future together.#ETHETFsApproved #etherreum
LIVEthe journey of chief trader
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Everyone is concerned about the trend of Ethereum ETF.
As mentioned before, the trading volume is sluggish and it is more likley have a round of decline. ETH did experienced a round of decline as expected, but Ethereum has been osciliated within the range from 3400 to 3500 for 7 days, and this decline has not been able to fall below this range. This movment quite makes me confused.
At this time, you can observe the trend of BTC to judge the movement of Ethereum. Bitcoin has already fallen below the original osciliation range from 66,000 to 68,000. But it has now touched the support band of 65,200, so it may more likely to experience a slight rebound upwards and go downward. Likewise, ETH is also may go downward to fall below the support level after rebounding from 3430. At present, the more prudent operation is selling short at high price.#ETHETFsApproved #Bitcoin_Coneference_2024
As mentioned before, the trading volume is sluggish and it is more likley have a round of decline. ETH did experienced a round of decline as expected, but Ethereum has been osciliated within the range from 3400 to 3500 for 7 days, and this decline has not been able to fall below this range. This movment quite makes me confused.
At this time, you can observe the trend of BTC to judge the movement of Ethereum. Bitcoin has already fallen below the original osciliation range from 66,000 to 68,000. But it has now touched the support band of 65,200, so it may more likely to experience a slight rebound upwards and go downward. Likewise, ETH is also may go downward to fall below the support level after rebounding from 3430. At present, the more prudent operation is selling short at high price.#ETHETFsApproved #Bitcoin_Coneference_2024
Everyone is concerned about the trend of Ethereum ETF.
As mentioned before, the trading volume is sluggish and it is more likley have a round of decline. ETH did experienced a round of decline as expected, but Ethereum has been osciliated within the range from 3400 to 3500 for 7 days, and this decline has not been able to fall below this range. This movment quite makes me confused.
At this time, you can observe the trend of BTC to judge the movement of Ethereum. Bitcoin has already fallen below the original osciliation range from 66,000 to 68,000. But it has now touched the support band of 65,200, so it may more likely to experience a slight rebound upwards and go downward. Likewise, ETH is also may go downward to fall below the support level after rebounding from 3430. At present, the more prudent operation is selling short at high price.#ETHETFsApproved #Bitcoin_Coneference_2024
As mentioned before, the trading volume is sluggish and it is more likley have a round of decline. ETH did experienced a round of decline as expected, but Ethereum has been osciliated within the range from 3400 to 3500 for 7 days, and this decline has not been able to fall below this range. This movment quite makes me confused.
At this time, you can observe the trend of BTC to judge the movement of Ethereum. Bitcoin has already fallen below the original osciliation range from 66,000 to 68,000. But it has now touched the support band of 65,200, so it may more likely to experience a slight rebound upwards and go downward. Likewise, ETH is also may go downward to fall below the support level after rebounding from 3430. At present, the more prudent operation is selling short at high price.#ETHETFsApproved #Bitcoin_Coneference_2024
After hitting $3500, ETH has been oscillating in a wide range between 3350 and 3500. Bitcoin has also been oscillating in a narrow range between 63400 and 65400âŒ
This market movement should be called the oscillating trend after a surge, so we are more cautious in opening a psoition, and this market is not suitable for frequently opening positions. However, you can go short at high price and go long at low price in this oscillation range from 3358 to 3520. So, just hold the positions if the price is broken through. Since the current wide range of oscillation will remain for a long time, there will be a new downward trend according to technical indicators.
The market has not broken through the key support level, so I think that you can take profit for half to prevent from suffering a loss if there is a rising market and the remaining position is used to wait for the market to break through the support level and continue to fall after shorting at a high price.This is a better way to make a stable profit in this market trend.For example, going short near 3460 that I told you yesterday, and then ETH fell to 3360, so we made a profit of 100 points.#ETH_ETF_Approval_23July #CPI_DATA
This market movement should be called the oscillating trend after a surge, so we are more cautious in opening a psoition, and this market is not suitable for frequently opening positions. However, you can go short at high price and go long at low price in this oscillation range from 3358 to 3520. So, just hold the positions if the price is broken through. Since the current wide range of oscillation will remain for a long time, there will be a new downward trend according to technical indicators.
The market has not broken through the key support level, so I think that you can take profit for half to prevent from suffering a loss if there is a rising market and the remaining position is used to wait for the market to break through the support level and continue to fall after shorting at a high price.This is a better way to make a stable profit in this market trend.For example, going short near 3460 that I told you yesterday, and then ETH fell to 3360, so we made a profit of 100 points.#ETH_ETF_Approval_23July #CPI_DATA
