Since entering the market in 2018, from losing to gaining, trading is actually about waiting, controlling one's impulses and desires, missing out on large market movements, and avoiding significant downturns. Now starting with a thousand dollars in the account, I will analyze the market every day, hoping everyone can work hard together, accumulating little by little, and maintaining a stable mindset.
Let's go all out I mentioned before that the lower it drops, the more I will buy, with nearly ten thousand points of profit when it reached 75 A few days ago, I said to prevent false breakouts and could layout short positions I simultaneously opened BTC, ETH, and some large-cap altcoins This wave of trades is expected to last about half a month $BTC #btc
The long position mentioned before has already gained nearly ten thousand points
There is still pressure around 75, and it may be wise to take profits on most
Currently, the 8-hour chart still shows divergence, and the 2-hour chart has multiple divergences. If it falls around 75, it would be a false breakout, so caution is advised.
You can plan a short position around here $BTC #btc
The pancake rebounds as expected, with targets still at 73, 77, 80. Similarly, this area is also a resistance level.
This position is the 12-hour EMA 52 resistance level, which is a significant resistance. It may pull back, but as long as it doesn't break below around 635, it should continue to rise without issues.
Bitcoin is currently oscillating between 91 and 86, harvesting liquidity
Recently, operations should be reduced. If your main view is bearish 📉, then your stop loss is near 91. If your main view is bullish 📈, then your stop loss is near 86.
Bitcoin has been moving here for 16 hours, resonating at the daily level. Be aware of the 16-hour MACD death cross. If a death cross occurs, there is a high probability it will break the previous low, seeking lower support $BTC #btc