#天真行情
I posted this tweet on Twitter on December 4, and the forum was banned at that time. I will repost it here to provide some ideas for traders.
Analysis of the market cycle shows that the recent rise in BTC has stabilized in the previous strategy. It should be noted that BTC started to rise from 16,000 this time, with the target position being the 44,000-48,000 area. This area was the biggest turning point in the last bear market. And the weekly chart also formed an ups and downs trend. Moreover, this position belongs to an untouched area, and it is expected that the first and largest correction of this bull market will occur at 44000-48000.
Idea:
1. Look for the latest short signal between 44200 and 48150.
2. Once the short-selling idea is formed, the target position of this short order has only one support level, which is 32000.
3. Take profit and close short orders above 32,000, look for the latest long signal near 32,000, and prepare for the outbreak of the bull market.
