Stop profit, stop profit, stop profit! The spot party is finally going to win!

2024/5/1 morning sharing:

BTC's decline yesterday has broken through the low point, and now the daily line has closed. From the perspective of the K line, it closed very badly. Market analysis: Although it is still in the buy zone, the daily short structure continues, and the monthly line closes with a reverse negative K. Today's daily K closed below 61189, and the daily short structure target has not yet been reached. Trading opportunities: 1. After breaking through the buy zone, wait for the pullback, wait for the 1-hour/4-hour structure to short with a light position on the left and add positions on the right, and reduce holdings at the same cycle target. Stay in the position to gamble on the short target of the daily and weekly lines. 2. The buy zone has not been broken, and there is a 1-4-hour long structure to consider entering long orders on the right. Similarly, reduce holdings at the same cycle target, and stay in the position to gamble on potential reversals. 3. ⚠️The spot party has been waiting for so long, and the time to ambush the spot may be coming (the big one is coming). Don’t miss the opportunity to get on the train once or twice a year. I will open a special article to talk about the position building method and position building range.

Pepe is harder than I thought. Although it is hard, it is still accurate! Friends who do the right side of the four-hour have reached the reduction position mentioned in the past few days. The position of my call order is 14 points from the stop profit position I mentioned. The old rule locks in profits. Allow me to show off. Pepe is right!!! Market analysis: After the 4-hour structure continues, it reaches the first target position and continues to see a heavier buying zone. Trading opportunities: Although a heavier buying zone is seen, it is time to stop profit and stop profit. Do not consider the action of chasing short positions. There will be a chance to re-enter the short position in the future. A reminder will be posted. Only consider the right buying opportunity in the buying zone when going long, and do not participate on the left side.

May Day is here. I wish you all a happy May Day holiday. Eat, drink and play as you should. Make money in the currency circle and spend it. If my sharing is helpful to you, please remember to follow me. I will update the market analysis and trading opportunities every day.

#PEPE #BTC月线