10.12 Bitcoin and Ethereum Market Review
Is the market still expanding and jumping?
1h level burst,
4h suppressed
Daily suppressed
Dumping is a high probability event.
Let's review the cycle of our Bitcoin trading:
The first wave: 66300 short, led you to 60500-60800 profit! This wave of meat, I will deduct 1
The second wave: 62570 led you to long, directly got 63800 profit; at the same time, 62000 stepped back to support and led brothers to long, and ate 64400. This wave of meat, I will deduct 2
The third wave: 62500 started to be bearish and short, too lazy to take profit is 58500-58000, perfect! Follow the deduction 3
The fourth wave: 58400 began to rebound to today, 2 days rose 5000 points to 63300. I didn't help you make money this time, because I was shorting and shorting, and I covered my shorts when the market was high. Unity of knowledge and action! So I won't trade 300 directions a day, and stick to my own trading system. You haters can say whatever you want, but my ability is to help you make money!
The fifth wave: We are shorting Ethereum in real market. The average price of the brothers who follow orders in the square is around 2450, and the stop loss I give is 2488!
I have already filled my position in this order, and my average price of taking orders is 2435.
The main point of our trading is sincerity, not routine, right is right, wrong is wrong!
The current pattern is 55 long and short, and there is a pressure point in the short term. But it is not ruled out that the needle will go up and stop loss for us!
My point of view: whether it is unwinding, stop loss, or stop profit! They are all part of my trading, not very important. I have helped you make 4 orders this week, and stop loss is also normal! If this order is stopped, I will continue to short above 2520. Brothers who follow orders should pay attention to the general direction!
In addition, here is a little-known fact:
The first high point:
reached 66300 at the end of September
The second high point:
64400
The third high point at present:
63400
Then it is very likely that if this 4h cash is closed, then starting tomorrow, this 63400 will be the high point of this small cycle! If this 4h is to rush again, it will be a high point between 63400-64400, and the general direction is still bearish! After the high point between 63400-64000, the corresponding one is about 54800-55300!
Everyone thinks differently, don’t criticize if you don’t like it!
