Some time ago, I took everyone to eat some spot trading with $ORDI , and now I'm back with a short-term analysis:
Currently, the overall price is running in a major upward channel. We can eat waves based on the channel support and resistance levels combined with the K-line support and resistance levels:
Support: 43—45 (major Fibonacci 50—618 golden retracement zone, and it is a support-resistance conversion point, strong support)
Resistance: 52—54 (upper pressure point of the ascending channel, major resistance level)
Still the same saying, trading requires a waiting process. Many friends only blindly open positions, and even if they don't open positions for half a day, they feel anxious. I can only say, if you're not losing money, who is?