$ETH If it stands firm at 3500, it will soon reach 4000, and the altcoin market will officially begin.
Pay special attention to the 99500~100000 range of Bitcoin, where there are dense sell orders. I personally think that after reaching this price range, Bitcoin will pull back to around 90000 to 93000. A pullback of nearly 10% will cause altcoin managers to fall sharply, so you must control your position and don't lose your chips before dawn.
$SHIB has already broken through the perfect bottom formation, and entering now is a quite good choice.
Unlike $DOGE , $SHIB is a deflationary coin, with an initial supply of 1 quadrillion tokens, and the community continuously conducts token burns to reduce its massive supply, creating scarcity that drives up prices. This Thursday, the burn rate soared by 2225%. Scarcity combined with doge attributes leads to infinite possibilities in the future.
The mid-section of $TRU is almost organized, the RWA sector $OM has risen so much, there is still a lot of room for other coins to catch up. After stabilizing at 0.092 on the four-hour line, enter the market, set the stop-loss below the resistance line, and you can take profit at a fixed risk-reward ratio of 1:2. After taking profit, reduce the position by half and set a trailing stop to exit.
$DOGE has been sideways at this position for several days. You can enter the market at a low price. Starship 6 will fly again in two days, and Dogecoin can follow another wave of popularity. Those who enter the market with high leverage must set a stop loss. In this position, the stop loss should be placed below the support line.
Risk control is the basis of your trading. Without risk management, there is no 1 at the front. Even if you add many 0s at the back, it will eventually return to zero. Any prediction may go the other way. Don't be overwhelmed by emotions, don't be hard on money, and be responsible for your own decisions.
How to control risks? I usually open a position with a fixed 1% risk ratio, so that there are enough trial and error opportunities. For example, if you have a principal of 1 million yuan, the risk control is 1%, and the maximum loss each time is 10,000 yuan, then you must lose 100 times in a row to lose all the principal. The probability of losing the principal is 1/2^100, which is much smaller than the probability of winning the lottery.
Let me mention contracts again. When using leverage, you must be within your risk control range, and you must bring stop-profit and stop-loss every time you open a position. So how do you set stop-profit, stop-loss, and leverage multiples?
First, you have to find a point with a good profit-loss ratio, and then calculate the corresponding percentage based on the stop-loss position you set, get an actual opening principal, and then use the actual opening principal to convert the leverage multiple to the principal you took out. For example, assuming that the loss is still 10,000 yuan each time, and the stop-loss point you set is 10% different from the opening point, then the corresponding actual opening principal should be 100,000 yuan. If you only want to use 10,000 yuan for this transaction, open a 10x leverage, even if the position is blown up, you will only lose 10,000 yuan, which is still within your risk control range. Therefore, the point is not how many times you use leverage to open a position, but whether your expected loss is within your plan.
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The $JUP layout on the 14th perfectly stopped profit, breaking through the high point a week ago and then falling back to consolidate in the rising relay. Here you can first see the support of 0.382. Generally, it will fall back and test after breaking through many times. You must wait patiently and enter the market again after confirming the breakthrough. You can see 1.68 above.
Spend more time looking at the chart and you will find that the recent trends of many cottages are basically the same, but the time is different. After a round of bear market, the currency price is at a low point, waiting to break through the resistance line of the daily level. After breaking through, it will fall back to test the position of 0.382 or 0.618 for mid-term consolidation. At this time, there may be a violent fluctuation of about 10%, throwing off those who are eager to chase high with high leverage, using them as fuel and continuing to rise.
The recent chart analysis is also very simple, and you can find an entry point with a good profit and loss ratio with almost fool-proof operation. So why are so many people still losing money?
Because there are only a few people who are patient, and even fewer who can read daily charts. There may be less than 1% of people who have a clear trading plan and can review the market. Most people play with the currency chart for the momentary dopamine pleasure. If they make money, they wonder why they didn't go all in at the time. If they lose money, they open a higher leverage to make back all the money they lost at once. These people's opening decisions are not carefully considered by the brain, but are operated randomly under the command of emotions. Then who else should they cut if not you?
You are not here to play. You are fighting with others with real money. Why do you think that the decisions you make without thinking with your brain can beat others on the battlefield?
Go to study, review, and do your own research. Do your own research
I saw a tweet from a big guy today, and I also send it to everyone