Recently, I've been a bit in love with Fibonacci retracement, saving me the trouble of drawing money ETH has upward support at 3464, stabilizing and rebounding, with downward levels at 3259 and 3054; if it goes lower, we can wait for the next bull market I see someone suggesting to buy long at 3380; it should be based on the 1-hour or 4-hour support, and one could catch a wave of fluctuations; this can be tried with a small position, with the profit target first looking at 3464.
#加密市场反弹 $BNB This wave of pullback has broken the daily upward line. I reviewed the performance of the Fibonacci retracement lines along its rise, and the strongest support and resistance levels are actually 667 and 636. If it breaks above 667 and holds, the upward trend will continue. If it breaks below 636, we should look towards 592. If it breaks this level, the upward trend is likely broken, so prepare to try small positions to take advantage of the fluctuations in this range~ Previously, when it was at 698, I held a long position for $BNB , but after reassessing the situation, I was stopped out. I should have exited at the high of 737 to avoid losses. Well, next time, I’ll take the profit and slowly roll over my positions. #待回本小韭菜
$BNB #加密市场回调 Is a callback a good thing? Yes. A callback gives you a chance to re-enter the market, but being stopped out after entering is too painful~ I set Bnb to re-enter at 660 and stop loss at 650, but it pierced down to 647, who can handle that? Breaking below the trend line, next we need to see if it can break through 672 and hold; if it breaks through and holds, there is still a chance for me to continue making money # After several stop losses, I deeply understand what the old traders say, you need to have a broader perspective for spot trading, while contracts can only be used for speculative short-term trading~
#市场调整後的机会? I thought the strong support wouldn’t be outmatched by the financial power of the US market. $ETH actually broke through the upward channel, it seems that the support line below isn’t very stable either.
$BTC New leeks are here to hand in their homework again~ Today, the big cake rushed upward, breaking through the 102000 support level, and the rise is gratifying. The strong support levels below are 101000 99500 95700, and the oscillation range is likely to be 106000-99500. Of course, my idea of doing long orders is to set a position around 101100 to connect more, looking up to 104500-106000, and the stop loss is set at around 100200. The profit and loss ratio is 3:1, which is okay, and it is relatively close, with relatively few variables, and you can run away when you get it. I don’t like to set the stop loss range too deep, it really hurts to cut meat. Wait for the subsequent trend to see how many guesses are right, hehe😁#BTC再创新高
New players in the crypto world, let's analyze Bitcoin and see if the analysis method is correct $BTC Overall, it feels like Bitcoin is really struggling to rise. Ideally, it should fluctuate around 99000-102000. Let's see if it can break through the 101100 position tonight. This position has quite strong resistance. If it stabilizes and continues to rise to 102000, the overall trend of Bitcoin should go up, looking towards 105000, 106000? On the downside support level, I currently found two relatively strong supports, one around 99500 and the other at 95700. I feel that 99500 can hold for a while. I originally wanted to go long at 99500 and set a stop loss at 97000, but looking high, I can only see 102000 at the moment, and the risk-reward ratio isn't worthwhile, so I won't do it. I’ll set a buy order down to 95700, but that's too far, so I think I’ll just wait and see for now~ #BTC重回关键位置后走势
Newcomers in the crypto space, just to record my trading thoughts for easy review $BNB Entry point at 709. If the 4-hour closing line is above 710, the overall outlook is bullish, with potential to reach 755-760. Take profit on half first, then aim for 790-800. There is a strong daily support at 665 below, and the stop loss can be set here, but it feels too deep; it's better to buy again if it drops. The final stop loss is set at 685, which is the closing position of the last round of decline~ Observing whether my operation is correct~