It has been a long time since I updated my diary. Last night, the waterfall washed my face, I entered the short position early, and by noon today, I had already taken profit, securing a solid 100 points. Sharing my trading thoughts, hoping to provide some reference for my brothers, as always, a full recording, only playing real.
Last night at 7 PM,$BTC small time frame convergence and other directions, the previous bottom long position held at 672 does not need to be worried about, go long on breakout, go short on breakdown; at the same time looking at$ETH , small time frame breaking bearish, within 1d convergence, combining to see the possibility of a pullback around 2500. Looking at the 3d level is completely not optimistic, do not consider holding long positions at all without breaking 3050.
Clear trading strategy: wait for ETH's 30min to close below 2620 to open a short position; those who do not have BTC bottom long positions can also open, provided that BTC 30min closes below 71600, but do not short BTC; the stop loss and take profit for the above two strategies are the same, stop loss at 2680, take profit point one at 2560, take profit point two at 2500.
Of course, also to prevent BTC from breaking upwards, a corresponding strategy is provided: if 30min closes above 73k, make a small position long, stop loss at 71700, take profit at 74300, 76000.
At 9:45, the entry signal appeared, short position in place, and then as you all saw, the waterfall came.
At 10:30, ETH half of the short position should be closed, if there is a pullback, add to the short position at 2595 2610.
Stop loss moved down to 2660. Take profit point 2460.
TP reached at noon today, 100 points secured.
