Bitcoin fluctuated violently at the beginning of the week as predicted. 🥶🥶
🤔With last week's candle closing a rather scary red Marubozu, on Monday of this week, a green candle appeared running in the opposite direction, aiming to kill those who intended to SHORT with high leverage.
👉I warned you about this 2 days ago (attached article), hoping that Vietnamese people in the past 2 days focused on having fun on the occasion of National Day, and not greedily entering margin future orders leading to losses 😅😅😅
>>> Remember, in the transition period between months and quarters, there are often unpredictable fluctuations. There are many reasons, but the most likely is that the long-term options of the big guys are closed, causing prices to fluctuate up and down with a wide amplitude.
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Please note that there are times in the market where simply not placing an order is already a win. Don't be angry about previous losing orders and try to recover. Just calm down and slow down a bit, then the winning rate will be higher.
💥Currently, I am still holding the SHORT orders that were placed in the middle of last week, only increasing the stoploss position every day, but not closing it yet.
LONG ETH orders will only be considered for opening when the price is in the range of $2,000 - $2,300.
💵In addition, I am currently only monitoring $AAVE to find the logn point in the H4 - 1D frame. I will observe this coin and share the buying point with you later.