Hello everyone, I am your cat brother. I couldn’t sleep anyway, so I played with @Crypto-爱币斯坦 all night. Friends who are interested can listen to the replay tomorrow.
Next, let's look at the market, $BTC
Here, I hope you didn’t do it when I told you not to go long last night. If you did, I hope you didn’t sell at a loss during the decline. As for whether you opened a short position, made a profit from this decline and went long, this is related to operational awareness, so I won’t talk about it. You still need the courage to take the pin on the left side.
You don’t need to worry about whether the price can break through 580. What you need to pay attention to is where you can get a new support. Because the price has been rising for the past few days, it has been running close to the middle line. In this state, it is difficult to pull it above 580 at one time. You need to get a support in the middle. As long as you can get a new support above 565, it doesn’t matter if it is at 568 or 570. The ideal position is to get a support here at 572-573. Then the next time it rises, it can break through 580. If it falls back to the middle line near 566 again, 580 will still play a suppressive role and it will still be difficult to break through at one time.
Look at $ETH
2370 is blocked again. This is where the resistance level overlaps with the 4-hour middle track. It doesn’t matter if it can’t go up. What’s important is where we can get a new support. More importantly, we need to determine whether 2324 can still play a supporting role. The line has not been changed. I don’t know if you have connected this needle or not. Pay attention to the price and logic of these grids. I have drawn grids to teach this method for more than a week. The line has basically not changed, because there is no new support and resistance. Therefore, the dumbest method is to go short if it can’t go up, and go long if it can’t go down. There is no need to hesitate so much, and there is no need to worry about anything.
Then take a look at $SOL
The same is true for sol. It is not important where it goes up, but where it falls back. It is also necessary to confirm the effectiveness of the support of 131. If it does not fall below, you can go long with a stop loss of about 1%. The place below 128 has not been changed. I inserted the pin at night and inserted it straight through. Friends, you have followed me to learn the left side until now. Have you accepted it?
Finally, let’s take a look at BNB
Look at the daily line directly, 535.7+538, the daily level middle track superimposed resistance, double suppression. The possibility of a direct breakthrough is not high. We don’t need to care about the breakthrough situation, the main thing is to see whether 523 can be converted into a support level. Strong resistance will normally be converted into strong support. In addition, here at 538, I don’t know how many days it has been prompted as a strong resistance. On the left side, have you opened a short position? Friend
at last:
1. The market is changing rapidly, and you have to move forward wherever you are. I have said it many times, don't be lazy. I can't analyze the market 24 hours a day, every minute and every hour. I am just constantly conveying this trading logic and concept, as well as methods and approaches. I hope you can really learn it and do a good job of trading yourself.
2. Have these positions changed? The article is linked to the date, you can go back and see whether these support or resistance levels, these lines and prices have changed? So, as a left-side trader, if you know the strong resistance and support levels, have you entered the order? If not, why not? This is a good question. Don't just say that you like to buy low and sell high, but when it really falls or rises, you are afraid. The left side is destined to go against the trend and will always go against the trend. How can you open a long position if it doesn't fall? How can you open a short position if it doesn't rise? So you really need to think carefully about whether you want to do left-side trading. The right side opens long positions when it rises and opens short positions when it falls. The risk is indeed much smaller than the left side. But if you do the right side, don't think about the return rate on the left side. You can't have both.
There is no way to chase the rise or sell the fall on the left side. The left side can only eat whatever side it sticks to. In a one-way rise without a retracement, there is no chance to enter the long position on the left side. You insist on asking why I don’t let you enter the long position, because I am on the left side! If there is no retracement, there is no chance. If there is a retracement, it has also reached the position marked on the chart, so, my friend, have you entered?