[Market Research Report on October 3rd - The reduction of positions in the early days was all for the purpose of entering the market in the event of a pullback. Be prepared for another wave at any time. The positions that were reduced can rush in again]
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One, $BTC
Mindset: Make your own trading plan. After reducing positions, you must make a new entry plan! The new batch of trading plans have been prepared for the idea of entering the market in the event of a pullback on the 30th. No one's profit is a coincidence. Your teacher is telling you that the bull market is coming. Close your eyes and rush everywhere. That is his plan. Be willing to accept the loss. My idea is to trade in positions. What ideas do you have for what positions? No matter how much pressure or emotions are inciting, I will not chase. If there is a pullback, do it. If there is a breakthrough, do it. There is still a difference between trading and gambling.
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A friend asked me in private how to find the position at 6.65
1. The upper edge of the daily channel combined with the pressure level of the previous wave of upper edge and lower pullback
2. The stage has already diverged. This is why I don’t chase it in this section. I reduce my position and start to intervene in the short-term callback idea
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Viewpoint:
Cycle viewpoint:
Look at the daily level of the big cycle. This position is 6 [ma200 long and short dividing line, this technical indicator has been repeated many times]
5.8 This range is the structural turning point of the previous round of rise. If it does not fall below here, I will not chase it.
5.8 told you that the position that can be reached in October, from 5.8, start to enter the market in batches, combined with the positions pointed by the arrows, enter the market in batches, 1234 2332 334, so that the warehouse is divided into positions
The current decline has not stopped. The rebound in the past two days has been under control. Don’t be stubborn when it is obvious that the market has not stopped falling. There is no rush to trade. The position stabilizes and fluctuates. The high and low points change, and there are still opportunities.
Intraday view:
The daily line is bearish. To make a rebound, it is necessary to confirm the change of high and low points. Do it at a small level, otherwise don’t do it.
Move the stop loss for the long positions that have been made, and take more profits
2. $ETH
Ethereum 2188 is still support. The previous wave of long orders at 2550 is judged to be gone
The callback starts from 2680 2720
Just follow the support and collect the rice
The key support below is 2250
