Today, I actively placed a number of long positions based on my optimistic expectations for the market trend, and at the same time, I was also aware of the possible risks of large funds pumping and selling. Here, I would like to share with you my operating ideas and selected targets.
First, I decisively covered my position when the ACE price fell back to the support level of 6. Given that the gaming sector as a whole has not yet experienced significant gains, and ACE's daily line rebounded quickly after hitting this support, I am optimistic about its subsequent performance and believe that it has the potential to rise further.
Then, I picked up HOOK in the morning. This decision was based on the consideration of the upcoming college entrance examination hot event in the education sector. Although I know that this round of operations is more of a gamble on a small rebound and I am not expecting a sharp rise, considering HOOK's continued promotion of the education sector before Changpeng Zhao (CZ) was imprisoned, I still think that there is a certain short-term rise. space.
In addition, I also increased my holdings in CELR, a project closely related to the Ethereum second-layer network. My strategy is to bet on the potential explosion of Ethereum, and CELR is currently in its support area, providing a safer margin for my investment.
For NKN, I also performed a covering operation due to its unfulfilled good news and the solid foundation of the project itself. I set a smaller stop loss point to capture the possible rally with less risk.
During the early trading session, I also tentatively opened a position in BLZ. The currency has suffered a large decline recently, but the daily chart has shown signs of stabilization. To this end, I set the previous low as a stop loss point to control risks.
Finally, I mentioned FETs, a decision that gave me some hesitation. Although I opened the position, the merger news did not seem to be widely recognized by the market, so I remained vigilant and ready to clear the position based on market reaction.
It should be emphasized that the above sharing only represents my personal opinions and operating records and does not constitute any investment advice. For investors with short positions or seeking investment opportunities, you may be able to get some reference from it, but please be sure to make decisions based on your own risk tolerance and market judgment. All mentioned currencies are currently near their support levels, but future trends are still affected by a variety of factors, so please treat them with caution.
