【9.23 Market Analysis and Bull Market Spot Buying Strategy】
1. It is expected that there will be a pullback at the following two positions:
- The first resistance level: 64500~
- Pullback target: 61000~, you can consider bottoming out the spot, and the stop loss range is set at 57300~.
- The second resistance level: 69000~
- Pullback target: 63000~, you can also bottom out the spot, and the stop loss range is set at 61900~. This strategy is left-side bottoming, buying spot during the second pullback, which is suitable for long-term holding, but the stop loss must be strictly set to prevent high-level chasing. If you want to short, you can enter the market when the pinbar signal appears at these two resistance levels. If there is no pinbar, it is not advisable to take risks, and the stop loss is set at more than 1000 points above the resistance level.
2. In the case of a small probability, it may directly break through 70000 without a pullback:
1. If it breaks through directly, it will start an upward trend because it has left the flag consolidation range. However, to prevent false breakthroughs, it is not advisable to chase more at this time, whether it is spot or contract.
2. If you need to participate in the breakthrough long order, you need to wait for the price to approach 76,000, and then intervene in the spot contract after confirming the real breakthrough, and the stop loss is set near 73,000.
3. If a pinbar appears near 73,000, you can consider entering a short order, and the stop loss is set at 75,000.
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3. Summary
The current trend is biased towards bulls. After four months of super bull flags, it is worth considering buying spot with controllable risks. However, all strategies need to wait for the appearance of intermediate signals before execution. Don't lose money due to greed, and be sure to strictly follow the trading plan.
