The logic behind the rise of Bitcoin was clearly explained by the Hunter yesterday in the article below, and he also reminded the brothers at the first moment before the rise in the first post yesterday. For those who were quick and attentive, just look at how many points you could have gained! Now, back to the market, BTC has already broken through the key resistance level of 298454 given by the Hunter last night, reaching a maximum of 99500, and currently returning to the strong pressure zone marked in purple for consolidation! Since BTC has broken through the purple strong pressure zone, a pullback to this strong pressure zone can also serve as a strong support zone. Therefore, as long as it stabilizes in this purple area, BTC is highly likely to continue testing the resistance level upwards! The next resistance level will be the key resistance level of 100380 given by the Hunter yesterday!
Many brothers do not understand why the high-level market is obviously in a bearish trend, yet Bitcoin has risen again. So, Brother Lie observes that many short sellers in the square are about to incur heavy losses! In fact, using Brother Lie's five-wave analysis method, any bearish trend, when encountering strong support and completing four waves, as long as the fourth wave does not break the lowest point of the first wave, will lead to a fifth wave, which is a strong rebound of the main upward wave. This strong rebound can test higher level resistance! Therefore, you see, as long as the main upward wave is pulled up, it is very difficult for it to come down immediately; it will only charge upward like a wild horse, crashing towards the upper resistance! So, short sellers must not go against the main upward wave; otherwise, if they don't manage their positions well, they will incur greater losses and may even face liquidation! Remember!
#btc Brother Lie reminded me in time. After I sent the following article, the big cake pulled up a big positive line. This is the magic of the five-wave analysis method! The four-wave consolidation of this big cake at the 30-minute level is indeed a bit too slow, but the fifth wave of rise (main rising wave) is still as expected! Okay, let's go back to the market. At present, the 30-minute level has hit 5️⃣ positive lines in a row! The bulls are strong. Next, pay attention to the purple high-pressure area, and there is a key pressure level 1️⃣98454 above. Of course, if it breaks through and stands on 98454, you can pay attention to the 100380 pressure level! Overall, although the large-scale bearish trend has not changed, it would be a pity to miss the main rising wave rebound at the minute level, including the cottage market. Brother Lie has also reminded the brothers that the wind is rising!
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Brothers, did last night’s review and summary give you the confidence to buy at the bottom? If you followed it, I believe Manager Qi made money in the early trading.
Brothers, you all got some money from this wave of trading last night! Many people get anxious when they see a 1-2 point adjustment, but didn’t you look at the profit and loss ratio of the strategy? The maximum retracement is 6%, and the profit margin is 8%-10%. The profit and loss ratio is 1:1.2/1.6. Is my order so easy to lose money?
I will take care of this in the next couple of days
三马哥
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#usual usual crash, Hunter has already given a warning to the brothers again last night! This usual, I have been shouting for a short position from the 20th, from the 15-minute main downtrend to the 30-minute main downtrend, and then to last night's 1-hour main downtrend, all publicly announced in the square. Hunter has been providing a babysitting-style warning! Is it that many people were led by those brainless promoters in the square who called themselves teachers to invest in this so-called usual? Frankly speaking, I only see that most of these so-called teachers can only boast and paint a big picture, but when risks arise, I have never seen them give you a warning. Why is this the case? It's simple, they themselves don’t understand and are more afraid of contradicting themselves! So don’t spend your hard-earned money paying for their nonsense!
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🧧👇Yesterday we escaped the peak in high positions and publicly reminded you to sleep and not to go long halfway up the mountain. We have talked about this in the live stream twice.
Today, at least you were not caught in an extreme market situation and did not lose money, which is a gain; you must strictly execute the strategy!
Avoid chasing highs and cutting losses; only after obtaining liquidity can you engage in short-term trading. Once the direction is wrong, you will fall into an abyss. #BTC