2024-09-16 Today's Views Abbreviated Version
Hello everyone, I have had back pain for a day and a half, starting from yesterday afternoon. It was like a needle prick, and I couldn't stand, sit, or lie down. Because it was so painful, I stopped replying to messages and watching the market. It was especially like the back pain after the previous yang.
I hope everyone paid attention to the content of yesterday's article and took some precautions. According to past experience, the big drop in the morning can be bottom-fishing. If you bottom-fish near those grids, you can move the stop loss to the bottom of the grid. For example, the stop loss of big cake can be at 578, sol 127, bnb 535, eth 2195.
The market should have "the last stir", don't be discouraged so early, but also can't be blindly optimistic.
No indicator can be used well purely by indicators. Some basic knowledge still needs to be supplemented. If you don't know where to start, start with candlestick charts and Wyckoff. With indicators, you will notice those "abnormal movements" in the market earlier.
For example, as I said yesterday, we need to close at 605, because that is the upper edge of the solid closing price of the previous daily K line. After breaking the middle track of the daily line, if we cannot rebound to that price or be flush with that price, the probability of making a fuss will be very high.
After breaking or inserting a pin at a key position, many high-leverage orders will appear in a short period of time. Combining coinglass to see the positions of those orders that are making a fuss, we can roughly know what will happen next. Under normal circumstances, children will make a choice. The main force usually clears both sides together. For example, if it was still a long position at the time, the upper short orders would be cleared first, and then the part of the long positions would be cleared downwards.
In fact, the purpose is very simple, to let the bulls get back on the train at a higher price, and add some short orders as fuel in the process.
If you didn't buy the bottom in the morning, don't buy it. Wait for a retracement and decide on the situation. Those who are already on the train, bring a stop loss.
This round is full of unfriendliness to novices, and the friendliness will be lower in the future. It is best for newbies not to place orders halfway up the mountain. Be patient and only place orders near the bottom and top. The probability of survival will be much higher.
Finally, who has a good way to treat lumbar muscle strain?I'm in so much pain.