$BTC I will follow the trend and open a short position in this small position to test the position. I personally think that this wave of decline has not yet ended. Set a stop loss
$BTC $ETH $SOL is empty, wishing all the friends still in the game good luck, it's time for tea and chat, welcome friends to come and chat in my comments section 😁
Should you watch the market? Let's see if you exhibit any of these behaviors.
A couple of days ago, a student asked me, 'Teacher, should I watch the market?' I think this question is quite representative. Let's take some time today to discuss this issue. For those who ask whether to watch the market, I believe they must have the following three characteristics.
1. Fear of losing money, you might think that the situation is not good or the market is turning downward, so you hurry to run; and at this time, you also like to switch timeframes back and forth. Originally trading on a 1-hour or 4-hour timeframe, now switching to 15 minutes to find favorable information for yourself; including checking opinions in groups and analyses from some KOLs or big names. If their opinions contradict mine, I start to doubt whether I should run away, etc.
$BTC I woke up in the morning and the price of Bitcoin has fallen so much. I guess many friends are thinking about going to the lowest price. I suggest you wait and see if you are short. I personally think that this price has not fallen to the right level. Everyone should watch more and do less, and protect your wallet
Set an alarm ⏰⏰ before going to bed, when the alarm rings, gold worth ten thousand taels 😁 Successfully reached my take profit level. $BTC $SOL #美国大选前行情观察
$SOL $BTC Monitor for one hour, formulate a trading plan, then leave it to time. It’s time for the boring tea break again. Tomorrow is the weekend, so I wish everyone a happy weekend in advance.
Yesterday, Bitcoin rebounded from 65300 to 67300. During the night, I believed that this rebound had not yet ended; I thought it would reach around 67700. My long position on Bitcoin was fully closed for profit at this level.
Currently, based on the market trend, this wave of rebound seems to have ended. My short position was entered around 67900; the price has now broken below the upward trend line and has formed a very standard 123 structure. The current price is around 67300, which is a previous low point for the upward trend line. Cautious traders can consider reducing their positions around 67300. Then, continue to look for the 66700 region. From my personal perspective, I am more inclined to gamble on the 66700 position as the opportunity is significant. $ETH $SOL
Just now, the pancake successfully took profits at 67700, did you operate?
LIVE
孙少安
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$ETH $BTC One book, one cigarette, and a pot of tea for each person. Wait until the US stock market opens. If the US stock market is not bad, there will be no big problem tonight. When it reaches 67700, everyone can reduce their positions and take a rest.
$ETH $BTC One book, one cigarette, and a pot of tea for each person. Wait until the US stock market opens. If the US stock market is not bad, there will be no big problem tonight. When it reaches 67700, everyone can reduce their positions and take a rest.
First of all, congratulations to the friends who followed along; the long positions are currently floating profits of at least 1500 points; additionally, the performance of Ethereum was relatively weak, and I took profits and exited in the afternoon. Currently, I am still holding Bitcoin.
Now let's take a look at Bitcoin. It fell from a high of 69500 to around 67800, where it began to pause and stop the decline, constructing a platform. By early this morning, the price started to continue downwards; in the latter half, there was a phenomenon of accelerated decline with increased volume. The price once reached the area we provided yesterday for long positions, which is in the range of 65800-65200.
From a technical indicator perspective, the 12-period and 34-period declines formed a divergence and began to rebound. Currently, the price is around 67300. I personally believe this wave of rebound is not yet over; the hourly price is still above the middle line of the ascending channel, and the MACD is also above the zero axis, making the position relatively safe. Tonight, without significant negative news, the price should at least test the upper edge of the channel, which is around 67700; everyone can consider reducing positions at this level. The hourly MACD turning positive suggests we can temporarily take all profits and exit. $SOL $ETH
$ETH $BTC Review of Yesterday's Night Short Position
For Bitcoin, focus on the 67700 level during the day; reduce positions at this level; continue to look upward for the remaining positions; if it falls below 66800, take all profits and exit. For Ethereum, focus on the 2575 level during the day; Ethereum is not performing as well as Bitcoin, so it is recommended to reduce positions when approaching 2570, and continue to look upward for the remaining positions; if it falls below 2525, I will take profits and exit.