If Bitcoin clears the liquidity above and creates a false breakout, I would dare to short it, but it hasn't happened at all, there's no clue and it just surged directly, with only a few hundred points of liquidity not cleared, just drawing a line.
It's as if large funds entered the market to push the price up, only to be directly suppressed by the US stock market. I don't understand, I really don't understand, I'm going to sleep this time, I'll check again after waking up tomorrow 🤡$BTC
The trend line I have been studying for several days has reached support, but now I am hesitant to get in. Going to sleep, will check again tomorrow $ETH
The small-level triangle pattern of Ethereum + the horizontal resistance level has also broken through, two methods for placing trades in the future;
Method 1: If it retraces to 2970-2960 without breaking, go long directly. If it breaks below, cut losses and aim for 3050-3070.
Method 2: If 3060-3070 is resisted, go short directly, with a stop loss of 40-50 dollars, targeting 2970-2960. If it breaks below, continue holding, manually close at $ETH {future}(ETHUSDT)
Group friends are still fierce, during the analysis let the short position exit first, the 860 support has been tested several times without breaking, it is possible to form the second leg of a W shape, I missed the ride, and the group friends jumped in directly 😂, I'm not envious of this profit $BTC
The small-level triangle pattern of Ethereum + the horizontal resistance level has also broken through, two methods for placing trades in the future;
Method 1: If it retraces to 2970-2960 without breaking, go long directly. If it breaks below, cut losses and aim for 3050-3070.
Method 2: If 3060-3070 is resisted, go short directly, with a stop loss of 40-50 dollars, targeting 2970-2960. If it breaks below, continue holding, manually close at $ETH
The analysis in the afternoon is correct, it is indeed the potential second leg of the W shape. However, analysis is one thing, whether one dares to take the plunge is another matter. I am not like other KOLs who only analyze without taking action; there is reasoning behind both right and wrong decisions 😂$BTC
The decision to exit the short position first is correct, the potential second leg of the W shape, if it hasn't run, there's no profit to be made now🤡$BTC
mystery蛋先生
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Why the short position takes profit first is also because there is a potential second leg of a W shape in this area. To be safe, it's better to exit first $BTC {future}(BTCUSDT)
Why the short position takes profit first is also because there is a potential second leg of a W shape in this area. To be safe, it's better to exit first $BTC
The short position has taken profit and exited. The first target was also 860. If it breaks, I will continue to hold down to around 835 or even lower. Today, it tested the support twice, and the drop wasn't smooth, so I will wait and observe $BTC
mystery蛋先生
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Yesterday I mentioned that Bitcoin faced resistance in the 880-885 range, and a short position could be taken. However, I did not place an order yesterday,
but instead waited for a pin to hit 881 and then decisively went short at market price after the rebound showed weakness. Currently, I have a small profit and have set a breakeven stop loss. Whether I can profit depends on the market trend $BTC {future}(BTCUSDT)
Yesterday I mentioned that Bitcoin faced resistance in the 880-885 range, and a short position could be taken. However, I did not place an order yesterday,
but instead waited for a pin to hit 881 and then decisively went short at market price after the rebound showed weakness. Currently, I have a small profit and have set a breakeven stop loss. Whether I can profit depends on the market trend $BTC
mystery蛋先生
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Bitcoin Outlook: Reference 4H Yesterday mentioned that if Bitcoin continues to be obstructed by the POC + previous high resistance level and dips again, it is highly likely that it will break the trend line, thus changing this bullish structure to a bearish structure.
Currently, the price has continuously spiked without further decline, and on the 4H, there is already a divergence. However, the current position is not very ideal; it is not the position I would like to enter a long position.
For going long, I would consider the support level around 835-840.
For going short, I would consider the resistance level range around 880-885.
Additionally, with non-farm payroll data coming out tonight, let's observe first; we will act based on the signals given from there $BTC {future}(BTCUSDT)
Not giving me a chance again? Can't I just touch the range of 880-885? It's not appropriate to drop directly like this, right? $BTC
mystery蛋先生
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Bitcoin Outlook: Reference 4H Yesterday mentioned that if Bitcoin continues to be obstructed by the POC + previous high resistance level and dips again, it is highly likely that it will break the trend line, thus changing this bullish structure to a bearish structure.
Currently, the price has continuously spiked without further decline, and on the 4H, there is already a divergence. However, the current position is not very ideal; it is not the position I would like to enter a long position.
For going long, I would consider the support level around 835-840.
For going short, I would consider the resistance level range around 880-885.
Additionally, with non-farm payroll data coming out tonight, let's observe first; we will act based on the signals given from there $BTC {future}(BTCUSDT)
Bitcoin Outlook: Reference 4H Yesterday mentioned that if Bitcoin continues to be obstructed by the POC + previous high resistance level and dips again, it is highly likely that it will break the trend line, thus changing this bullish structure to a bearish structure.
Currently, the price has continuously spiked without further decline, and on the 4H, there is already a divergence. However, the current position is not very ideal; it is not the position I would like to enter a long position.
For going long, I would consider the support level around 835-840.
For going short, I would consider the resistance level range around 880-885.
Additionally, with non-farm payroll data coming out tonight, let's observe first; we will act based on the signals given from there $BTC
Difficult, and without even touching, the short-selling signal appeared at 906, it just fell directly, nothing to do, $BTC
mystery蛋先生
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Bitcoin Evening Outlook: Reference 4H During this period, Bitcoin has been forming an ascending triangle, repeatedly oscillating back and forth. Although it rebounded after touching the trend line this morning,
in the short term, it is still blocked at the POC+ previous high resistance level of 906, which is quite critical. If it breaks through and stabilizes after a pullback, then it is highly likely to continue testing the upper resistance level of 940.
Conversely, if it fails to break through and continues to be blocked, leading to another decline, then we need to pay attention to whether it breaks the trend line + previous low position. If both of these positions are broken, the bullish structure during this period will be directly damaged, turning into a bearish structure $BTC {future}(BTCUSDT)
Bitcoin Evening Outlook: Reference 4H During this period, Bitcoin has been forming an ascending triangle, repeatedly oscillating back and forth. Although it rebounded after touching the trend line this morning,
in the short term, it is still blocked at the POC+ previous high resistance level of 906, which is quite critical. If it breaks through and stabilizes after a pullback, then it is highly likely to continue testing the upper resistance level of 940.
Conversely, if it fails to break through and continues to be blocked, leading to another decline, then we need to pay attention to whether it breaks the trend line + previous low position. If both of these positions are broken, the bullish structure during this period will be directly damaged, turning into a bearish structure $BTC
【Bitcoin Trend Line Rebound】 Last week, it was mentioned that if one wants to go long on Bitcoin, the lower trend line would be the priority. This morning, there was a direct spike that recovered for a rebound. This long position was missed, and by the time I woke up around nine, it had already risen above 890 😂
Since I missed the entry this morning due to oversleeping, one can pay attention to whether the short-term pressure level at 906 has been broken. After a breakout, a pullback to confirm support would be the entry point. The target can be the previous high at 925 or the significant resistance level at 940 above.
Conversely, going short is the same; any pressure level showing bearish signals can be a right-side entry. At the current position, placing left-side orders is not recommended due to high risk $BTC
GM, brothers, woke up late, the 3038 liquidity mentioned over the weekend spiked this morning and started to rebound $ETH
mystery蛋先生
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Generally, weekends have little liquidity, and the fluctuations won't be too large. If you want to trade, rely on the liquidation map for reference. The upper liquidation area at 3100 has been liquidated, so pay attention to the 3140-3150 range for trading. This is also a resistance level. Below, you can look at the 3038h position $ETH {future}(ETHUSDT)
Originally, this picture was meant for a laugh. Abstracting it, everyone would just smile and move on. But here you are, coming in with a greeting. I guess you really have no shame 🤡
mystery蛋先生
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Sorry, I can think crooked even while eating 🤣🤣🤣$BTC {future}(BTCUSDT)
Generally, weekends have little liquidity, and the fluctuations won't be too large. If you want to trade, rely on the liquidation map for reference. The upper liquidation area at 3100 has been liquidated, so pay attention to the 3140-3150 range for trading. This is also a resistance level. Below, you can look at the 3038h position $ETH