$BTC
Hello everyone, I am Shihun.
This period of the market is really too standard, standard wave theory, a very beautiful rising eight waves.
At present, it has reached the last wave of the fifth wave, and the follow-up is the abc wave callback, and then it will pick up a new eight waves.
The fifth wave is the highest point wave, so it is not appropriate to go long at this four-hour position.
According to the situation, the fifth wave will definitely not be higher than the amplitude of the third wave because the first and third waves have a good increase. The amplitude of the third wave is 4500 points. Even if the highest point of the fifth wave is not 67990, the maximum will not exceed 69400-69500
People who pursue extreme entry points can set 69400-69500. Stop loss is brought by yourself. I will not give it to you, but please bring the stop loss yourself
What if it rises to 70000? Then this section is not the fifth wave but the extension of the third wave
What if the stop loss you set at 69400-69500 is hit?
71150 is the highest point of the whole market, that is, even if this section is the extension of the third wave, you can get the high-priced chips at 71150, and you can definitely make a lot of money if you can hold it
For the time being, let’s look at the abc wave callback from the perspective of the chart below
Place orders only at 69400-69500, and set your own stop loss and make sure to set it