Seize the panic opportunity and formulate a trading plan 📈
When the price of $BTC fell below the important support level of 59,000, everyone was panicking and shouting out 30,000. However, after I observed that he closed at 59,000, I thought it might be in the AMD pattern, so I bought Bitcoin (BTCUSDT). ). After half a month of patient waiting, the Bitcoin price reached the target price I set at 71,000, which is the upper edge of the flag in the picture. Now I choose to sell at this point. Although there may be further increases in the future, I insist on disciplined operations and strictly follow the original trading plan.
Next step: Watch for altcoin opportunities 🌟
In addition to Bitcoin, I also always pay attention to the spot market of altcoins. Today's sharp rise in $ETH and the recovery of ETHBTC's trading pair below the previous low indicate that the next wave of gains may be led by the ETH ecosystem. For example, the $ENS I hold has also increased by 20%. It is okay to chase it now, but I am planning to buy some currencies that have not yet risen, such as $Portal. Today’s trend is very interesting. After falling below the previous low, It recovered quickly and is now forming a falling wedge shape. This is a good buying opportunity. The current price is 0.796. Buy a little spot. However, I have bought this coin since 2U. Now it is flattening. A good project is to buy when it falls.