Some suggestions on opening a contract:

There are only a few points you can grasp: position, order opening point, take profit and stop loss, leverage, profit and loss ratio. Before each order, ask yourself whether these things that need to be grasped are clear.

Position: Determine the position based on stop loss. Assuming your principal is 1 million, it is recommended that each stop loss should not exceed 2%. That is 20,000. Whether you open a full position or an isolated position, 100 times or 1 times leverage, remember the maximum acceptable stop loss. Use the stop-profit and stop-loss functions to calculate before opening. Only by being able to accept losses can you have the opportunity to make profits.

Opening point: support and resistance swap area, 0.618, common bullish and bearish patterns, trend lines, use these indicators to determine resistance and support

Stop-profit and stop-loss: Stop-loss must be set, and stop-profit can be achieved in batches or by gradually pushing stop-loss.

Leverage: If you remember the position principle, you can open a full position or an isolated position. It doesn't matter how many times you open it. It's up to you. It is recommended that mainstream coins be within 10 times and altcoins be within 5 times

Profit-and-loss ratio: The profit-and-loss ratio is the position of stop-profit and stop-loss. When opening an order, it should be at least 1:1.5. The higher the better. You can continue to make profits in the long run.

Notice:
(1) Don’t hold orders. If you open a stop loss, this problem will not occur. Holding orders will often lead to liquidation. This is what the tuition I paid taught me.
(2) The most difficult thing is to stop loss, because human psychology is risk averse, but you must do it
(3) It is difficult to make a sudden fortune with one order, but it is more likely to be a sudden loss with one order #BTC

BNB short
Reason: 510 is a strong resistance level, the test was blocked, the strong reason is that it started to fall sharply from 510, fell 7%, which is the starting point of the decline

Opening position: around 503

Stop loss: 511
Take profit: around 491, around 467

Profit and loss ratio: 1:1.5-4.5#bnb

SOL short

Reason: Trend line suppresses the support and resistance zone near +131, tested for the second time, there is resistance

Opening order: around 129.5
Stop loss: 131
Take profit: around 126, around 122

Profit and loss ratio: around 1:2-4.5#sol

ETH short

Reason: It fell below the important support area of ​​2520

Opening order: around 2507
Stop loss: 2446
Take profit: 2310, 2110

Profit and loss ratio: 1:2-7#eth

sol short, trend line perfectly suppressed

Opening order: around 131.7

Stop loss: about 2%, around 134.3

Take profit: about 7%-8%, see around 120

Profit and loss ratio: 1:4#sol

It can’t fall any further, bears remember to run!

ETH2400-2430 range short

Reason: Falling below the support zone, 2400-2430 is the resistance zone

Stop loss: 2465 (if it breaks here, it will be a V-reversal)
Take profit: (1) around 2310 (2) around 2110

Profit and loss ratio: 1:1.4-4#ETH

BTC long

Reason: Trend line support, see if it can hold up and look up, use a very small stop loss, less than 300 points, small risk, big risk, see if it falls through #BTC

Opening price around 59200
Stop loss 58900
Take profit 61000

Profit and loss ratio: 1:5#btc

There is a type of teacher who always makes money, which is often seen in the square. To sum up, there are several distinguishing characteristics:
(1) The leverage is extremely high, always 100 times+, and every order is “doubled”
(2) Show what you make and never mention what you lose.
(3) When opening a position, there is no reason and some magic points are given.
(4) You can make money at any time and in any market situation#
(5) Strong operational capabilities, with various groups, paid groups, VIP groups, and follow-up groups

If you really want to make money, you have to learn on your own instead of following this kind of Yongzheng teacher. Yongzhuan teachers will always make money because what they earn is your membership fee.

BTC view: bearish, but it is recommended to wait until the support area to see a rebound

Reason: It actually fell below the important support near 57700. Now the support becomes resistance, and the retracement resistance is rejected to go down

But it is not easy to open a short position at this position. The space is very small, because the support area below is 56600-56000. Wait until the support area to see how it reacts#BTC

ETH short, only suitable for small positions

Reason: pull back to 2530 resistance, short around 2500

Stop loss 2531
Take profit 2410

Profit and loss ratio above 1:3 #ETH

ETH short, left side order, pay attention to light position!

Conservative players, please go short after it drops below 2518

Reasons:

(1) 4-hour level short trend, currently at an important resistance level of around 2560, which has been blocked many times

(2) 15-minute level, an M-top trend has appeared

Opening position: around 2540
Stop loss: 2560 (stop loss occurs when the resistance level is actually broken)
Take profit:

(1) Trend line (please push to protect the principal when the trend line is reached)

(2) Around 2518, an important position, if it actually falls below, you can add short positions

(3) 2457, 2427

Profit and loss ratio: 1:1.2-7#ETH

ETH/BTC exchange rate pair short:

Reasons: (1) 4-hour downward trend line suppression, just touching the trend line (2) Multiple support and resistance levels around 0.43 were blocked

(3) Falling below the upward trend line

Order opening position: 0.04267
Stop loss: 0.043
Take profit: 0.04225, 0.04183, 0.04039

Profit and loss ratio: 1:1.6-8

Every time this order reaches a take profit position, I will gradually push the stop loss. If this order is successful, we can see the previous bottom of #ETH #BTC

8.29BTC order operation suggestions

Now it is consolidating and fluctuating in the middle, waiting for the results

Because there is a CME gap, the gap will be filled in most cases, and there is a small probability that it will not be filled

Wait for the results before placing an order, the resistance and support have been marked

#BTC

8.28 BTC short

Reason: 4-hour K-line breaks the rising structure and retreats to the middle axis of the consolidation zone. Around 59,800 is the support and resistance zone for many previous rises

Retracement to 59,800 is sure to have resistance, looking down to the bottom of the box

Entry point: around 59,600
Take profit: 57,800
Stop loss: 60400#BTC☀ #btc

Positions are controlled by yourself, and it is recommended that the stop loss ratio should not exceed 2% of the principal

ordi open long

Reason: Figure 1, support level + trend line

Open unit: around 32, 15-minute chart, Figure 2, multiple tests of trend line support

Stop loss: 31.3 (fall through stop loss)
Take profit: 33/34

Profit and loss ratio: 1:1.5~2
#ordi

Today, I have two short orders, BTC and ETH, both have reached the take-profit position. I have already taken profit and will no longer track this transaction#

Open short position at around ETH2645

Reason: Fall below support around 2670, look down to 2560-2520

Take profit at 2560-2520
Stop loss at 2676 (to prevent false breakout)

8.27BTC short

Reason: Falling below the rising trend line, see the support level below (take profit), prevent false break (stop loss)

Open short at around 63,000

Take profit 61,800
Stop loss 63,300
Profit and loss ratio: 1:4#BTC

4-hour heat map of the crypto market

When the RSI value is above 70, the market is considered to be in an overbought state, which means that the selling pressure in the market will increase and the price may fall.

On the contrary, when the RSI value is below 30, the market is considered to be in an oversold state, which means that the buying pressure in the market will increase and the price may rise.