After 10 years of trading cryptocurrencies, I have made a profit for 7 years. The first three years were like a headless fly, buzzing around aimlessly, not only without any gains but also incurring significant losses; the first few years were all about gaining experience. Thanks to the learning summaries later on, especially the 'Horizontal Breakthrough Method' that my mentor, Lao Jiu, passed on to me, I was able to awaken and achieve long-term stable profits, reaping abundant rewards!

Whenever the market is fluctuating or in a consolidation phase, there will be a period of adjustment. During this time, one must look for the breakout direction after the adjustment, where there are many great opportunities. It all depends on how to distinguish between real breakouts and false breakouts. Once a real breakout is identified, one can enter the market early and wait to reap the rewards!

If the following points are met, you can basically distinguish between real and false breakouts!

1. Look for cryptocurrencies that are consolidating. Don’t rush to enter; the consolidation period is best to be at least three months or more! If a large bullish candle breaks out of the previous consolidation range, and the selling volume the next day exceeds the previous day's volume significantly, then it's a false breakout!

2. After breaking out of consolidation, it should not break below the support level for three consecutive trading days, which is the upper edge of the consolidation range. A true breakout will not fall below the support level; otherwise, it’s a false breakout!

3. When breaking out of consolidation, it often requires an increase in volume, and the volume must be significantly larger. If it breaks out on low volume, the upward momentum is insufficient, and one should be cautious of a false breakout!

Lao Jiu has presented this method in a visually rich format, with related cases shown in the images below, and all the key points have been highlighted for everyone. Newcomers can easily learn this!

If this post has been helpful to you, please like, follow, and share! #技术分析

Brothers, I can't sleep～#美国大选后涨或跌？

On the weekend, I visited my mentor in Shanghai. Through my mentor's introduction, I met a cryptocurrency prodigy who graduated from elementary school. In less than a year, his account surprisingly reached nine figures, and his life underwent a qualitative leap, prompting me to give him a thumbs up!

It is understood that his method is very simple, you could say it's a foolproof way to trade cryptocurrencies. He quickly achieved today’s success using the three golden cross trading approach;

The first golden cross occurs when the 5-day moving average and the 15-day moving average form a golden cross simultaneously, while the moving average of trading volume and the MACD indicator also resonate at the same time. The moment the golden cross forms is the time to get on board;

To help everyone better understand the three golden cross method, I, Old Nine, care about my friends and worked overtime to create relevant examples, which I will share below. The explanations, including both text and images, are very detailed. Everyone can take their time to look at it; it is also very simple and easy to understand at a glance;

If you find it helpful after reading, remember to share it so more friends in need can see it!

Liking, following, and sharing is the greatest support! Let's get 999 comments going in the comment section～#技术分析

Today Bitcoin is rising across the board, and various altcoins are also showing signs of recovery. The results of the American election are about to be announced. Regardless of how much you have invested, let me share a sincere piece of advice!

1. After experiencing several trading days of correction, Bitcoin has welcomed a rebound today. The market is still waiting for the election results, and Bitcoin will once again face a directional choice in the short term!

2. From a technical perspective, the daily price is generally running between the middle and upper bands of the Bollinger Bands. The MACD stochastic indicator is showing a death cross, but the overall trend is still bullish! The middle band at 68.2-67.8 is an important support level! In the first half of this week, the price is expected to continue to oscillate above this range!

3. In the absence of sudden negative news, short-term contract traders can mainly choose to buy on dips in the range of 68.2k-67.8k this evening! Set the stop loss around 67.2, with upper targets at 69.5k and 70.8k!

Likes, follows, and shares are the greatest support! #美国大选后涨或跌？ #美联储利率决议来袭 #内容挖矿

The last session discussed the practical application of Bollinger Bands. Today, I will share a high-probability buying technical pattern: the trend of a second bottom after a significant drop with increased volume, followed by stabilization and reversal. There are several conditions.

1: After experiencing a prolonged period of rising or falling trends, before the end of the rise or drop, accompanied by significant volume.

2: A sharp decline accompanied by increased volume, followed by several consecutive large bullish candles, signaling the end of the bearish trend; subsequently, a slight consolidation and pullback.

3: After the pullback ends, the trend forms an inertia-driven second decline (testing the bottom), ultimately creating a reversal buy signal.

The attached chart is the 4-hour candlestick chart of Bitcoin from July 2 to July 4, 2024, #技术分析 #你问我答

Trading Tips: European and American countries have entered Daylight Saving Time

After entering Daylight Saving Time, the local trading hours of the three major European stock markets in Germany, the UK, and France remain as follows: London 8:00-16:30, Paris and Frankfurt 9:00-17:30, but their corresponding Beijing time changes to 16:00 to 00:30 the next day, which is equivalent to pushing the overall time back by 1 hour!

The regular trading hours of the U.S. stock market will correspond to Beijing time from Monday to Friday 22:30 to 05:00 the next day, no longer from 21:30 to 04:00 the next day (starting November 4).

The trading hours of financial markets and the announcement times of economic data in European and American countries will be pushed back by one hour compared to Daylight Saving Time.

The big pancake maintains a narrow range of fluctuations over the weekend, as the market awaits the election results! In fact, the market has already moved in anticipation before the election results are out!

From a technical perspective, the price is running between the middle and lower bands of the Bollinger Bands on the 4-hour chart, and the market is in a downtrend, with short-term movements still at risk of decline!

On the upside, pay attention to the resistance at 69.8k and 70.2k levels! On the downside, focus on the support at 68.8k and 67.5k levels. For short-term contract players, the strategy should mainly be to short on rallies!

Brothers, who do you think has a higher chance of winning, Harris or Comrade Jian Guo? #美国大选后行情预测 #技术分析 #内容挖矿

Over the weekend, I visited a cryptocurrency genius who managed to multiply his account tenfold in just six months. After several in-depth discussions, I finally managed to ask him for his profit secrets!

If you don't understand Bollinger Bands in cryptocurrency trading, you really miss out! Today, I will clearly explain the four practical rules of Bollinger Bands. Newbies can gain an advantage right from the start; seasoned traders can elevate their accounts further.

Bollinger Bands mainly consist of three lines: upper, middle, and lower bands. When prices rise, they fluctuate between the upper and middle bands; when they fall, they look for support between the middle and lower bands.

The structure is concise and effective, providing clear directional references. Even in the often tricky volatile markets, Bollinger Bands can showcase their unique advantages. When the three bands flatten, breakthroughs in the upper and lower bands often indicate an impending trend change; the lower band waits for good news while the upper band secures profits.

The opening and closing patterns of Bollinger Bands directly reflect the changes in market bullish and bearish forces.

An upward opening indicates bullish dominance, a sustainable signal; a downward opening serves as a reminder to reduce positions to avoid greater losses.

In summary, Bollinger Bands are not just a simple technical indicator; they integrate various market dynamics, making trading more scientific and systematic.

Over the weekend, I summarized four usage pattern rules for everyone. Whether you are a beginner or an expert, mastering these can help you navigate the complex and ever-changing market more smoothly and effectively. #技术分析 #非农就业人数大幅降温 #内容挖矿

I know when to sell before I buy ~#非农就业人数大幅降温

Brothers, the pancake has reached this position, Lao Jiu expects a high probability of a rebound in the US market, have a nice weekend! Let's have a drink ~ #市场关注美国非农数据

I have been trading cryptocurrencies for over 10 years, and now I rely on it to support my family. I have experienced both the lows and the highs, and with the 'Top Trend Insight Method' from my investment career, I have come this far, feeling like I am walking on thin ice!

The capital market changes rapidly, but everything follows a rhythm and pattern. As the saying goes, it is essential to find actionable points in different forms according to the market trend, which is the key.

When the market outlook is positive, it is important to judge and choose the right timing to act based on different forms and their appearance locations; if the price falls and breaks through critical positions, then decisively exit without attachment.

In the capital market, many times we grasp the opportunity at the bottom, but we often ride a roller coaster. Whenever the top pattern appears, people tend to remain inactive, and as a result, they lose everything when there is a correction. Therefore, today, I have summarized several classic top escape patterns and am sharing them with everyone without reservation.

Top patterns reflect that the price has reached a certain high stage, and there is a high probability that a downward adjustment may follow. I believe everyone has often heard that those who know how to buy are the apprentices, while those who know how to sell are the masters. Learning how to control risks is crucial to avoid riding the roller coaster.

Today, I have organized several common top patterns below in the accompanying images and text. To facilitate your understanding, I have included case annotations and explanations, hoping to help you.

Good morning to all friends in the crypto community. The style of Bitcoin has undergone a tremendous change. Whether you are in a short position or a full position, please be cautious and prepare in advance!

Regarding the risks of Bitcoin, I mentioned it to everyone at the beginning of the week. We have completed our tasks ahead of schedule this week; I clearly stated there would be a pullback around 73k. Those who needed to reduce their positions did so, and those who needed to lower their leverage did so. Some people heeded the warning and avoided the losses, while others who did not listen ended up getting hurt!

In such market conditions, if you get hurt once, you can say it's the market's fault. But if you get hurt twice in the same type of market, then it can only be your fault. I don't care about other places, but here, I will not allow my fans to fall in the same place twice!

The market will still be quite difficult in the short term, but after this difficulty, the market will welcome a real big trend. Brothers and friends, just hold on a little longer, endure a bit, practice your skills, and once we get through this thorny path, we will once again see the dawn of victory!

Regarding the U.S. stock market, on Thursday, large tech stocks led the decline, dragging the Nasdaq down by over 500 points. Earnings reports showed that Microsoft’s revenue and profit both exceeded expectations, but the return on investment for AI (artificial intelligence) business was questioned.

International gold prices saw a significant pullback after reaching a historical high of $2801 per ounce! As of the time of writing, it is reported at $2754 per ounce!

The market's focus has shifted to tonight's U.S. non-farm payroll data!

Lastly, let me ask my brothers a question, what to do if you have a toothache due to heat? Any good methods?

No need to guess the rise and fall, the big cake maintained a narrow range of fluctuations during the Asian and European trading sessions. What medicine is the main force selling? Will it fall sharply or rise in the evening? An important signal appeared on the market. No nonsense, let's talk about the key points directly!

1. Today's intraday trend of big cake is to maintain a narrow range of fluctuations. The short-term trend has not changed much, and the overall trend is in line with expectations!

2. Last night, Lao Jiu clearly stated that there is a need for a correction in the short-term trend. The monthly players mainly sell short at highs. The price has also reached the first stop-profit position. The rhythm is very important on the way up!

3. From a technical point of view, the daily line closed at an inverted negative line yesterday, indicating that the selling near 73k is strong; the 4-hour macd stochastic indicator is dead cross running, and the overall trend of the big cake in the evening is likely to rise and fall. The view still maintains the idea of ​​selling short at highs. Pay attention to the resistance of 73.5k/73.8k on the top and the support of 71.3k/70.2k on the bottom!

4. Today, Thursday, there will be intensive and important economic data released during the US trading session, focusing on the number of initial jobless claims in the United States for the week ending October 26, previous value: 22.7, expected: 23
Data release time: October 31, 2024 20:30

Like, follow, and forward are the greatest support! #你问我答 #内容挖矿 #技术分析

The large pancake Asian trading session is fluctuating around 72.5K, and the overall trend is still bullish. Yesterday's short position has already reached the first profit-taking level, and the movement aligns with expectations.

Why do you miss the rise every time? Buying leads to a drop, selling leads to a rise? It's because you can't even understand the basic structural patterns and trend behaviors, so what basis do you have to make money in this turbulent capital market?

While questioning others, focus more on improving yourself; this is the most fundamental.

Is 71.5k here?

Look for yourself, is this wave of ETH price increase satisfying? #小非农ADP走高

I'm also amazed, big brother (BTC) is pulling back, second brother (ETH) is rising. Do you know what kind of trick this is? Friends who understand, comment below😀😀#对冲基金投资

The Asian trading session for the pancake saw a rise and subsequent retreat, overall fluctuating around 72.5k!

After experiencing a significant surge previously, it seems the bulls are somewhat reluctant to let go!

Seeing such a beautiful trend, I am genuinely happy.

On one hand, I am happy for the main players, as they have controlled the rhythm very well;

On the other hand, I am happy for the many friends, as the bull market continues, and reaching a new historical high is a certainty, there's no turning back!

I expect the evening market trend to mainly be a fluctuating pullback, as the trading volume during the Asian session is too small; we mainly need to pay attention to the European and American trading sessions;

In terms of operational strategy, I still maintain the morning's viewpoint, spot traders should continue to hold their positions;

For short-term contract traders, mainly look to short at highs, with a small stop loss at this position, taking a chance on a short position is still very cost-effective! #你问我答 #内容挖矿 #技术分析

Oh my, I woke up and the pancake surged to 73k. The market has developed to this stage. Those who have leveraged can reduce their leverage, and those with heavy positions can cut back a portion to secure profits! Spot traders can continue to hold their coins and earn passively!

This week's goal has been completed ahead of schedule. Next, Old Nine expects a pullback near 73k. If the price tests the 73k-73.5k range again during the day, short-term contract traders can choose to short at a high point, with the stop-loss placed above the historical high (73.8-74.1), and the lower targets are around 71.5k and 70.6k!

As for whether it will be a straight move up or a fluctuating pullback, the strength still needs to be further assessed based on the market conditions!

In terms of U.S. stocks, Tuesday's closing was mixed, with the Nasdaq index reaching a new intraday high.

International gold prices again hit a historical high of $2787/ounce during the late trading hours in the U.S.! (Danger signal 📶)

Currently, the market's focus has shifted to this Friday's U.S. Labor Department non-farm payroll data and the upcoming U.S. presidential election with only five trading days left!

BOME is a memecoin on the Solana network and an experimental project that aims to redefine web3 culture by incorporating memes, and is committed to encapsulating the evolving meme culture in a digital compendium.

On September 24, the spot strategy was made public on Square. At that time, the price was $0.006, and it rose to $0.011 at the highest, an increase of 40%+. Where do you think this wave will go?