$BTC $ETH $SOL
Do a review, say something I want to say, and analyze the important 8-10 at the end!
The following is the content from October 27 to November 7.
On the 27th, I believe it can be short; the distance to the election suggests a washout, and the comments section generally agrees it is a washout. On the 30th, 725 still continues to short, this position reached 67000, leaving some positions to wait for 648. Here I would like to mention the long position at 705 which took profit at 592 because I entered heavily at 602 and sold half, then looked at 62500, sold another half, leaving 67 with 30% left, and ultimately I have always insisted on looking at 70,000 for this small position!
Because I didn't think there was an entry opportunity halfway through, I kept shorting. Approaching the election, it’s a washout to gain 5 points, which I have talked about every day.
During this period, I mentioned three cryptocurrencies: the 6x range peopl, and someone in the comments even asked me to suggest buying at 57, TAO retraced to 450, and sui at 1.61! Except for sui which is a contract, the others are all spot. The altcoins you are losing money on should be cfx and sats. LDO at 1.1 recommended, now let's take a look, it’s at 1.4! Cfx, which is stuck, should wait another two weeks to hit 0.18 without issues! When cfx dropped back to 0.19, I urged you all not to follow, at 0.19 I shouted for everyone to run away! In the article, I specifically mentioned that if you don’t want to run, then don't come to scold!
In this market, bulls can make money, bears can make money, those who can't make money are the ones who can't manage their positions and flip directions back and forth!
For example, last night’s 747 short, based on 727 profit, I sold half for 2000, the stop loss is 757, losing 1000 dollars, I also said that even if it’s 76000, I still look bearish, if I enter again at 76000, I would sell half at 74000 and set a stop loss at 77000, this strategy shouldn’t have any issues! So currently I am not shorting Ethereum, but I will continue to short sol and BTC in this manner!
Those familiar with my trading know that my layout is basically from the 1st to 5th, and at the 8th to 10th node; bearish from 1st to 5th, bullish from 8th to 10th. Since September, it has been three consecutive months!
On the 8th, the decision on whether to cut interest rates will be made; if it surges again on the 8th, it will probably be 79. If it doesn’t surge on the 8th, it will definitely retrace, and this retracement will be the last opportunity to enter! What if it surges on the 8th? Wait for the 10th.
