Next, when this position confirms a death cross of mutual affection again, it will be time to add to the position three layers. Patiently wait for the signal confirmation to add to the position; if it is not mutual affection, do not enter, only hold one layer. Once confirmed, add to the position with a stop loss! If there is a sudden increase in volume during confirmation, do not add to the position, and wait for an hour for more than three red bars to pull back to the life line before taking the opportunity to add more!
Be patient and wait for the rebound to form a signal of mutual affection dead cross again. After confirmation, enter at 136 to take the high position pullback! Pay attention to moving stop loss when it pulls back to 2980! See if it holds up!
Currently, we are in the long position area. Move the stop-loss for the long position. Pay attention to the high-level pullback short. When the 15-minute cycle first has a death cross of mutual affection, do not enter short. Wait for the second death cross of mutual affection to enter one layer of position. When the third death cross of mutual affection occurs, enter three layers of position with a stop-loss. New partners should wait for a chance to enter long near 2990 for refueling. In a strong trend, it is easy to replace a drop with horizontal movement, so short, retreat once before entering!
When three red candles come out in an hourly cycle, pay attention to the signal confirmed by the golden cross of mutual affection in 15 minutes. Currently, lock in profits from short positions!
Short selling, there is a lifeline below. The reason for 136 is just like this. The lifeline is an important support and resistance. Although it's only a first layer position now, it's still necessary to move the stop loss up after making a profit. That's how trading works. When it's not in the trend, the position should be smaller than when it's in the trend! The rest is for coping. When you go long, you don't fear a drop; when you short, you don't fear a rise. Trading is about reducing the number of losses and increasing the number of wins!
I have said many times, do not be reckless, do not look too much at the secondary market, the cryptocurrency world is different now than it was before, times have changed, just long-term dollar-cost averaging into Bitcoin is enough, you don’t need to worry about bull and bear markets and prices, enter in batches, and for contracts, just focus on Ethereum. There is no need to keep researching the varieties, the key is to develop your own trading system. There is no such thing as 100% in trading, only losing less and winning more, and knowing how to respond when you make mistakes in direction. This requires certain conditions, which are to learn and grow your own capabilities. Flexibility is essential, and in the future, treat the secondary market as daily trading, do not expect too much, otherwise, you will end up like those who lose a lot of money. Additionally, you must have the ability to manage finances stably; this is something I have been researching as well, as it is the key to traversing bull and bear markets and achieving compound interest! Therefore, improving yourself is the most crucial step for entering this circle!
$ETH A one-hour cycle produced three green (candles), the short position was exited, and now waiting for 15 minutes for the signal of mutual attraction dead cross confirmation to come out before following the 136 short position. Currently, be patient and wait, paying attention to the signals in the 15-minute entry cycle!
Getting closer to an hour of the lifeline $ETH , the short position is to ensure the capital loss, next let's see if 2945 can hold, when the market is slow let the bullets fly a little longer!
Weekend volatility, prevent stop-loss from back-and-forth fluctuations, only keep 1 layer of short position, do not add to the position, when encountering a high point for an hour, push it up to exit in the green and then add 3 layers of position with a stop-loss when it turns around and crosses dead!
$ETH Currently, for one hour at a high position, set a stop loss for the 15-minute entry. For now, keep the stop loss at the principal position to secure the principal. If it can continue to rise to 3030, you can directly take profits without changing the pattern. Then wait for the 15-minute turning point to come down and follow the dead cross to trade at 136 for a high position pullback. Those who can master this can take counter-trend positions, while others should wait for a pullback near the one-hour lifeline to add to their position. When you trade with this system for a long time, you will develop muscle memory, just like fishing; you only need to drop the hook in the right position, and then let the fish swim for a while!
2900 is a key support level. After continuously showing red for an hour, if this position can hold without breaking, we need to pay attention to signals for additional support emerging. The entry period is still 15 minutes!
$ETH First layer of the warehouse is empty and advanced. If it cannot directly drop down to the life line, wait for a rebound before again falling in love with the death cross to make a third layer of supplementary positions. After adding positions, profit will be made with a trailing stop loss. This time, we aim for 2870. Pay attention to whether a signal for more air refueling forms at this position!
$ETH currently at this position, patiently waiting for the signal of mutual affection confirmation to come out, as the lifeline supports from below, it is necessary to enter in batches according to 136 to catch the high position pullback short. Lock in profits or take profits near the lifeline, and do not take the short on the pullback. Wait near the lifeline to see if there is an opportunity to add long in the air. Remember, when you want to go long, if the lifeline acts as resistance, you also need to enter in batches according to 136!
If there are no multiple orders, do not chase, wait patiently for the pullback to confirm the golden cross that matches both sides. If the signal does not come, do not enter the market, wait patiently!
The current market is just like this, going back and forth without any clear structure. When there is a high-level pullback, we must lock in most of the profits. Next, we need to wait for the pullback to turn red, and then when it meets the criteria for a golden cross of mutual affection, we can enter at 136 to take advantage of the bottom rebound. Let it drop one more time first!
$ETH The long position continues to lock in profits. If you don't have a long position, don't chase it. Be patient and wait for a pullback to come down to meet the signals before going long again. We have now reached an important hourly lifeline resistance level at 2900. Lock in most of the profits from the long position. Don't go on a roller coaster. Once there is an increase in volume again, you can take profits. Then, based on the 15-minute chart, confirm the dead cross at 136 to enter during the pullback!
$ETH Move the stop loss for the long position, the resistance level above is 2875. If it approaches the resistance level, lock in more profits, and then pay attention to whether it breaks through the resistance level! If it can't break through, be cautious of the death cross below the resistance level!
Waited for a long time, the signal of mutual affection golden cross confirmation is coming soon. Remember to enter at 136 for more. If 1 is already in, add three layers of positions and set a stop loss. Next is to take the bottom rebound for more!
ETH pays attention to the second signal of mutual affection after the callback, enter at 136 for a bottom rebound long position. If you already have a layer of positions and haven't made a profit, wait for the second signal. After making a profit, use a trailing stop. Remember, in the current market, do not make any patterns in any direction!
$ETH is still in a rapid volume increase phase. First, observe whether the one-hour lifeline is significantly broken. If it is far away, there will be opportunities for mid-air refueling during the subsequent pullback. If it is near this lifeline, and a death cross appears in the 15-minute cycle, then it will still follow the strategy of selling high during the pullback at 136. For now, let the market repair itself!