Evening summary (9.20)
1. Those who are short on the big cake will probably have to hold on with me. I have already placed a cover order at 64600. Judging from the daily line, the bulls today are obviously not as strong as yesterday. Maybe they will continue to accumulate momentum to break through at night. So those who are short can place a short order at my cover price. The MACD indicator is stagnant with large volume, which means that the closing price tomorrow morning can be shorted to eat the retracement. The stop loss can be placed at the previous high!
2. I am not stubborn to short. I have been long for several weeks. My family should know that I just think it is time to short. Everyone knows that I should go long when there is good news. The dog dealer is not a fool. I am just expressing my personal opinion. If you don’t want to read it, you can block me. Don’t make me a legend. The trend is long. I just want to short and eat the retracement and then continue to go long!
3. I have placed an order for Ethereum. You can go short around 2586-2596. If the price breaks the ice line and there is no retracing confirmation, in my trading mindset, this is a trap for longs. The same is true for Sol. You can go short tomorrow morning at the closing price to take advantage of the retracing, but the profit will not be big, about 5 points. The target for Ethereum: 80-120 points of profit. In the long run, I don’t think Bitcoin will go to 7 and Ethereum will go back to 3. There is a lack of a wash. It just keeps going up. There must be something wrong. If you have any questions, you can leave a comment in the comment section! $BTC $ETH $SOL