Callback Warning!!!
Why has the big cake not dropped while the imitation has died?
If the big cake pulls back, be sure to pay attention to the test of 89300~88600! The fee rate has once again increased by 0.026. Remember what Brother Bao mentioned before? Historically, when the fee rate goes up, there is a chance that the big cake will retrace or consolidate. This is a very obvious signal. Brother Bao's advice is that once it retraces and tests below 89300, if it closes with a pin bar, it will be a very good opportunity to go long. Be sure to pay attention to this position, it is very critical! If it breaks and closes with a pin bar, most of the short sellers will also close their positions, allowing the cake to rise to a higher position. Therefore, this position has very important data for future longs.
Looking at the order book, there are still a large number of BTC orders around 100,000, about 800 pieces. But be aware that if it really rises to around 98000, will these orders run away? I feel it won't reach 100,000, which is also a concern we need to pay attention to as the big cake rises. Back to the point, 92000 is also an excellent short position, set the stop-loss around 92760 and the take-profit at our testing position around 89300. Brother Bao has already started to catch the pin! The past few days have been consolidating, but BTC has not dropped. BTC is about to make a move, and longs need to pay attention to closing positions!!! If it doesn’t retrace and just goes up, Brother Bao thinks that’s not very realistic.
Recently, I plan to ambush a potential coin that is ready to explode, doubling it is quite simple. At the same time, I also plan to find some potential coins to hold until the end of the year, with an expected return of over 10 times, which is not a problem. If you want to follow along, see my bamboo leaves, leave a message, follow, and like.