Let me tell you something, for those currently in the chat room or those who come in later,
I don't have any assistants, nor will I have any strategy skirts, so automatically block these when you see them.
Don't be foolish and click in to get scammed and then come to me 😂 Of course, I will block them when I see them, but if you get scammed before I block them, then that's a problem $BTC
Currently, the bearish sentiment is still quite strong, so if you're looking to short, you should aim for the higher levels.
Next time I go for a short, the first target will be the 806-810 range, and on the right side for smaller timeframes, that's the double top at 794, $BTC
I'm not getting involved in this position with BTC right now; if you shorted at 794 yesterday, you might want to take some profits and keep an eye on that 763 area.
For those without any positions, it's best to just watch for now. At this level, whether you're looking to short or go long, the risk-to-reward ratio is only 1:1, which isn't really worth it.
For future longs, keep an eye on that 763 area; if we break below, it's likely we’ll see a quick drop to around 732. This level is also the line of demarcation for the bulls and bears in this entire market segment $BTC
GM, woke up and saw BTC hit the upper channel line + liquidity zone, truly the prime shorting spot,
Once it swept 794, it started a pullback, dropping about 1900 bucks at its peak. It's bounced back a bit now, so we can set our stop-loss to break even at $BTC
mystery蛋先生
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Bitcoin Forecast: Reference Daily K Review: Yesterday I saw a breakthrough at 760 and hurriedly entered a long position, which was indeed an operational issue, as I didn't wait for a pullback before getting in, leading to a stop loss being hit before it came back up.
Returning to the K-line: Currently, the major coin is at a price of 777, and my view remains bullish. However, at this position, I won't consider entering; I can only observe.
The main reason is that this position is too close to the previous high, and it's also difficult to set a stop loss with a poor risk-reward ratio. It's not worth entering; I can only pay attention to whether there are shorting opportunities later.
As for shorting, the first choice is the upper edge of the daily channel + the liquidity position on the left. The second option is near the previous high at 782, but this position can only be approached from the right side. If it breaks out and then comes back, then a right-side short can be attempted; if the entity K-line stands above, then forget it, better to wait for the channel position.
So, does shorting mean expecting a big drop? Not necessarily! As long as the price doesn't drop below the lower level of 732 for a day, I won't be too bearish and will only look for a pullback. If it breaks below 732, then this bullish structure will be damaged, and I can shift from a primary bullish and secondary bearish stance to a primary bearish and secondary bullish stance. $BTC {future}(BTCUSDT)
Bitcoin Forecast: Reference Daily K Review: Yesterday I saw a breakthrough at 760 and hurriedly entered a long position, which was indeed an operational issue, as I didn't wait for a pullback before getting in, leading to a stop loss being hit before it came back up.
Returning to the K-line: Currently, the major coin is at a price of 777, and my view remains bullish. However, at this position, I won't consider entering; I can only observe.
The main reason is that this position is too close to the previous high, and it's also difficult to set a stop loss with a poor risk-reward ratio. It's not worth entering; I can only pay attention to whether there are shorting opportunities later.
As for shorting, the first choice is the upper edge of the daily channel + the liquidity position on the left. The second option is near the previous high at 782, but this position can only be approached from the right side. If it breaks out and then comes back, then a right-side short can be attempted; if the entity K-line stands above, then forget it, better to wait for the channel position.
So, does shorting mean expecting a big drop? Not necessarily! As long as the price doesn't drop below the lower level of 732 for a day, I won't be too bearish and will only look for a pullback. If it breaks below 732, then this bullish structure will be damaged, and I can shift from a primary bullish and secondary bearish stance to a primary bearish and secondary bullish stance. $BTC
GM, I woke up and saw the pancake at 772, felt numb; my perspective is correct, the entry position is really not good, I didn’t wait for a pullback and just got in directly, just right the pullback position is 0.618$BTC of this short-term market