Big Coin Trading and Market Analysis (Public Orders)
The rising channel for Big Coin has basically been completed, and there will be another downward wave later. Yesterday, the long position for Big Coin at the current price of 99,000 can be closed for profit, taking a profit of 5,500 points is also acceptable.
The market generally retraces over the weekend; this is an old trick of the big players. Just now, someone asked me near 97,800 if they could short, and I said no, because the hourly chart is still rising. Sure enough, it reached around 99,600. A rapid drop followed by slow gains must indicate distribution; everyone can pay attention to the 100,000 position, as the big players are clearly offloading significantly.
When the market drops, you chase after the long positions, and when it rises yesterday, you hesitate and don’t dare to jump in. The brave enjoy the world first. If you hold this position steadily, 2,000 points is not a problem. Without further ado, here’s the strategy.
Short around 99,500-100,300 for Big Coin, place a stop loss at 101,000, and aim for around 97,500. Buckle up, it's time to go, brothers.
Happy Winter Solstice! Remember to eat dumplings. I won't be watching the market tonight as I've arranged to have beer with a girl in black stockings. Wish me luck.🤗