LIVELook for buying points in the buy zone, don't think about chasing shorts!!! I hope that friends who saw my post yesterday did not choose to chase shorts even if they did not go long!!!
Share on 2024/4/30:
BTC touched the heavier buy zone mentioned for many days yesterday. It is currently rebounding. Whether it can form a reversal remains to be further determined. Analysis of the market: The current trend is that the 15-minute small cup handle structure has finished running. Whether it will form a 4-hour long structure to continue to attack and form a reversal needs to be confirmed. Trading opportunities: Friends who got long orders in the buy zone on the left side yesterday can bring the original price stop loss to gamble on the potential four-hour bottom structure and the potential reversal structure of the daily line; friends who enter the market on the right side should have a larger position than the left side. Those who entered the market with the 15-minute structure yesterday should now lock the main position and leave the bottom position with the original price stop loss to gamble on a larger structure; friends who are short-handed still have the old view, looking for buying points in the buy zone, it is better to miss than to make a mistake.
PEPE has been trading for two days and can't go down. We don't guess whether it will continue to be short. Market analysis: Before the four-hour short structure is broken, it is still bearish to the target position (marked in the figure). If there are changes in the structure in the future, I will also post a prompt in time. Trading opportunities: Friends who enter the short position on the left and right sides will uniformly bring the stop loss to the high point of 4/28 (near 0.776). From a structural point of view, the breakthrough of this point means that the 4-hour short structure has changed. If it happens, it is more reasonable to leave the market and wait for a larger structure.
It doesn’t matter whether you are long or short. What’s important is to find a position and wait for the right side. The right entry and exit points (reasonable profit and loss) and the cooperation with the structure to do high-probability events (high winning rate) are what contract traders should pay attention to. If my sharing is helpful to you who see the post, remember to follow me. I will share market analysis and trading opportunities every day.
