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SATANHOTDOG

進入幣圈的新人
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169
169
财经少华
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What are support and resistance levels?

Support Level: The price level at which a cryptocurrency may find support and rebound during a downward trend.

Resistance Level: The price level at which a cryptocurrency may encounter resistance and retreat during an upward trend.

Key Factors for Determining Support and Resistance Levels

Historical Price Data: Observing the past highs and lows of cryptocurrency prices to determine potential support and resistance levels.

Previous Support and Resistance: Price levels where the price has rebounded or retreated multiple times in the past often become future support and resistance.

Technical Indicators: Utilizing moving averages (5-day EMA, 10-day EMA, 30-day EMA) as well as channels, trend lines, and other technical tools for assessment.

Common Support and Resistance Levels

1. Moving Average System:
Short-term moving averages (such as the 5-day moving average) serve as short-term support and resistance points.

Long-term moving averages (such as the 169-day moving average) have a strong support or resistance effect on the overall trend.

2. Intraday Highs and Lows:
The highest and lowest prices of the day create immediate support and resistance.

3. Trend Channels:
The upper boundary of an upward channel forms a resistance level, while the lower boundary forms a support level.
The lower boundary of a downward channel forms a support level, while the upper boundary forms a resistance level.

Follow me for more information and consultations about the cryptocurrency market.
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While others are liquidated, we are flipping the account
While others are liquidated, we are flipping the account
首席操盘手
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U.S. stocks opened sharply lower 📉📉 The Dow Jones has dropped below 19,000
Bitcoin has successfully broken through the 89,000 support level 📉📉📉 Short positions have taken profits exceeding 10,000 points 🤑🤑
The third wave of short positions at 98,400 has all been closed at 88,000 for profit-taking, and all current short positions have completed profit-taking
Following the sharp decline in U.S. stocks, Bitcoin also fell to the 86,000 level before quickly rebounding to 97,800, rebounding nearly 2,000 points in 15 minutes; this is a standard zigzag downward trend ⚠️
In the slow downward trend, there are continuous quick rebounds, creating an illusion for the bulls, who have become accustomed to buying after a rebound in the previous bull market, that buying will always yield profits, only to see continuous new lows and being trapped in losses, especially for those so-called steady bulls who lost risk awareness during the bull market from October to February
This wave of short positions at 98,400 has all been closed at 88,000, meeting my profit expectations with a profit of 10,000 points 💰
Avoid chasing the tail end of the market; since it has already been stated that it is a zigzag downward trend, there will be rebounds during the decline, so the profit-taking at 88,000 can be said to be very appropriate, almost at the best point for technical trading profit-taking. If you only pursue eating from the head to the tail of the fish, you will lose a lot of returns; this is classic technical profit-taking, very suitable
😎 Wait for the next zigzag rebound, wait to close the short positions at 88,000 for profit-taking, while locking in a profit of 10,000 points
$BTC

$ETH
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Bank❤️Sylwia
Bank❤️Sylwia
Bank_Crypto
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Bank crypto
888
888
指数爆炸
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Bitcoin is about to plummet, pay attention to the risk of a pullback.
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Followed
Followed
白驹以
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$BTC New Year Red! Long position of 98800, highest point 106400, nearly 8000 points of space. Recently, I've been too busy with the New Year and forgot about my own orders, so I didn't take profits in time. However, this is all a good start. I wish everyone wealth in the Year of the Snake! Click to follow so you don't get lost~
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God of Wealth Possession
God of Wealth Possession
男神天花板新哥
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Today is the fifth day, welcoming the God of Wealth, brothers,
So New Brother's red envelope is here, still a Bitcoin red envelope
Reply: God of Wealth possesses (you)
gm
gm
_Wendy
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Bullish
$BNB Binance Padel Court

📸 by #Binance
ok
ok
Simey闪电
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Some people in Trump are calling for 1000U. What are they thinking?
#美联储维持利率不变 $TRUMP Don't have too high expectations. Someone called for 1000U before. They are really brainless in the cryptocurrency circle. They speculate on cryptocurrencies based on their ideas and luck. If $TRUMP it rises to 1000U, the market value will directly exceed BNB and SOL, and then catch up with Ethereum's market value. It will be like punching Ethereum and kicking BNB.
You should know that BNB and Ethereum have reached their current prices step by step. Just like BNB took advantage of the new public chain, the price broke through three digits from below 30U in one fell swoop, and then reached the current price with the bull market. They grasped one key node after another, and success did not come overnight.
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Keep up
Keep up
奇迹
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Stable profit is the way to go
Congratulations to those who have followed 🎉🎉🎉
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Come
Come
财经悟空pro
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ETH Enter at 3237 Highest 3437 Increase 6.4%
sui Enter at 4.087 Highest 4.2526 Increase 4%
BNB Enter at 676 Highest 689.44 Increase 2%
Special link for Kong: Take a look 🎈
空哥专属链接
#加密市场反弹 #美国初请失业金人数低于预期 #XRPETF有望在2025年获批? #美联储维持利率不变
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Come
Come
财经悟空pro
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Invitation code: XBXFHXC1
#加密市场反弹 #美国初请失业金人数低于预期 #XRPETF有望在2025年获批?
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Psychology
Psychology
企鹅Chain
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The Trapped 'Retail Investor': The Bitterness and Reflection of Cryptocurrency Investment
Summary from AI robots
In the world of cryptocurrencies, I once harbored dreams of overnight wealth, but ultimately became a trapped 'retail investor'. Those once grandiose statements can now only turn into a sigh.
One, the yearning of entering the market
I remember when I first entered the cryptocurrency market, I was deeply attracted by those amazing gains and stories of overnight wealth. Bitcoin, Ethereum, these names seemed to be synonymous with wealth. I fantasized about being able to share in this mysterious market, like those successful individuals, reaping abundant wealth with keen insights and decisive decisions. I joined various investment groups, listening to others share 'inside information' every day, watching those soaring numbers, filled with anticipation.
yes I do
yes I do
Provocant1
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have a nice day💛
my lovely friend ❤️
our frined need help
can we do it together please
follow and Support lovers ❤️
#DeepSeekImpact
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God of Wealth Possession
God of Wealth Possession
男神天花板新哥
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Today is the fifth day, welcoming the God of Wealth, brothers,
So New Brother's red envelope is here, still a Bitcoin red envelope
Reply: God of Wealth possesses (you)
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Yes
Yes
Sai x Keith
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Xai
$XAI

Go Xai project, never give up.
See original
yes
yes
Sai x Keith
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Xai
$XAI

Go Xai project, never give up.
1
1
看着我反买必赢
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Happy new year $ETH

$BTC
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this
this
加密航海家飞鱼
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😍 Takeoff #JTO Completed Goal 3😍
🎉 Short-Medium Line: Buy 📈 $JTO 🎉
➖➖➖➖➖➖
Goal 1: 3.38 ✅ Completed
Goal 2: 3.44 ✅ Completed
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🥰 Enter at 15:00 on January 30! Just surged to 3.49, completed TP3 and achieved over 345.93% (75X) profit, set BE🥰
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If you find this helpful, please like and share!
If you have doubts, please check the shared positions below!
@加密航海家飞鱼
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Follow
Follow
奇迹
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Many people lose like this! Have you made such a mistake?

On the first day of the rebound, you think it's a sharp rebound and don't pay much attention.

On the second day of the rebound, you think it's a continuation of the first day's rebound and have no desire to trade.

On the third day of the rebound, you see many people shouting that the bull market has returned, believing it's a reversal, not just a rebound, and you prepare to buy when it dips.

On the fourth day of the rebound, you wake up and don't see the dip you were waiting for, fearing missing out, so you decisively buy in, only to find you bought at a high point. You see many people saying the rebound has peaked and it will drop to 60,000 or even 50,000, and then you get scared and immediately cut your losses.

Many people just go back and forth, losing repeatedly.
$ETH
$ETH
CRYPTO-RAIDER
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Bullish
Happy to share my trade with you all

$ETH <<<— click to learn more

Entry pirce - $3195.24

Close price- $3210.22

Leverage- 125x (DYOR)

Profit booked - 54%

#MicroStrategyAcquiresBTC #ETH
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