I'm putting a thousand bucks into a trade just to see where my limits are, and how long I can last.
If I get liquidated this time, I'm out of the game and won't be sharing my trading strategies anymore; I just want to focus on compounding my gains.
If I actually hit that first 10x, I'll give some of the profits to my loyal followers for a phone. For the second 10x, I'll set up a giveaway with a BMW 3 Series as the prize.
🚨Bitcoin is about to face a pressure point of 78,000, with a normal top formation!
After waiting for a long time, here we are. During this time, the market has been fluctuating, with both shorting and longing causing losses.
Currently, the price of Bitcoin is approaching the resistance of the upper track of the 7.8-day line downtrend flag. No matter what, I will take a short position at this level. Just now at 768, I have already entered my initial position, and I will incrementally add to my short position at 77-78-79.
Why am I so sure that this upper track of the flag will form a top? Looking at the daily RSI, it has already entered a seriously overbought area, yet the price did not reach a new high. Furthermore, the MACD shows that the current peak is also lower than the peak at the last price high.
The smaller time frames may not be very accurate, but aren't you afraid to trade with such a significant price divergence on this larger structural chart? I will also enter ETH at incremental levels between 2480-2540 for shorting...$BTC $ETH
$ETH History is repeating itself, and ETH is no exception!
The current market is just brewing a second descending triangle; today’s price of 2300 might be a distant high for you in the future.
The bottom of this bear market is definitely not going to be at 1740; I won’t even consider stacking up on spot there.
Based on the previous descending triangle’s drop, the bottom is highly likely to form around 1300.
The cycle time is about 25 days; long traders should keep their guard up. If we see a pump on Monday, I’ll be adding to my short position between 2350-2400.
I remember the last time I called WLD was last September
I snagged it at 0.862 and rode it up to 2.2, that's close to triple profits on spot, not to mention the contracts...
Nailed the bottom and escaped at the top; while others were seeing 5u, I had already cashed out. I bet not many can pull that off.
Buy when no one’s paying attention, sell when there’s a lot of noise. Right now, WLD is pretty under the radar, but the setup looks decent and the daily candles are showing divergence.
Isn't it risky not to long at 0.26? Are we really waiting until it hits 0.5 to enter? $WLD
Biteo吕不凡
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Where are the people who shout wld 5u? What problem do I have running 2.2?
$BTC When trading, focus on reliable trends For example, BTC has surged to 78k
Go ahead and short, trust me By the end of the month, you'll thank yourself for this decision
If you want to make money, cut back on day trading Don’t sweat the few hundred points of fluctuations in the short term Our sights are set on the stars and the sea Not just the petty gains in front of us
Promise me you'll short at 78k Let's get to the shore together, shall we?
The first target was reached, with the lowest wick at 0.32; I think hitting the second target at 0.21 is a piece of cake, we'll see it in 10 days
This is my first trade call, went smoothly, and I'll keep sharing my trading logic in hopes it helps everyone a bit.
Biteo吕不凡
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The Binance life has entered the floodgate phase, not sure if anyone caught the wave early.
Those who opened a position with 0.5 leverage are probably already sitting on a double; I mentioned earlier that the four-hour price MACD divergence setup was a signal to short, so why worry? It's dropping just as expected.
I plan to take some profit at 0.37, for now, let's let it run a bit, no need to panic $币安人生 {future}(币安人生USDT)
What's got so many folks bullish on Bitcoin at this stage?
With ema144 and 169 putting up such strong resistance, are you all betting on a bull market comeback? So you've been bottom fishing?
Last night, the big coin hit a peak of 7.94. Could it end up like the last wave at 9.8, becoming an unreachable top?
Took a glance at the liquidation chart; if they really go for liquidating the longs, there's still plenty of fuel. If we break below 7.4k, the liquidation pressure could hit around 4 billion, while breaking above 8k would only see about 1.5 billion in shorts getting liquidated.
At 7.8k, going short has just a 3k upside, but a 10k downside. Do I really need to spell out your options?
Haven't streamed lately, but I've got some time to play around here. Looking for entry points to make some trades, so join me at @大师兄BTC 's livestream.
I'm currently tuning into the voice stream on Binance Square "Searching for entry points to trade," listening together with me here: https://app.binance.com/uni-qr/cspa/39430506569137?r=Q3SD0OUJ&l=zh-CN&source=share&uc=app_square_share_link&us=copylink
The Binance life has entered the floodgate phase, not sure if anyone caught the wave early.
Those who opened a position with 0.5 leverage are probably already sitting on a double; I mentioned earlier that the four-hour price MACD divergence setup was a signal to short, so why worry? It's dropping just as expected.
I plan to take some profit at 0.37, for now, let's let it run a bit, no need to panic $币安人生
The news-driven talks have spurred a Bitcoin rally; how should we respond next? Let’s dive into my thoughts.
1. The price has bounced back to 78k and has even broken recent highs. Interestingly, this surge isn't as strong as the last price jump.
2. Keep an eye on the MACD; you'll notice that the peaks haven’t broken previous highs, including RSI. If you're not going short at 78k, are you really waiting for the price to drop to 70k before you short?
3. As shown in the chart, the daily structure from a naked candlestick perspective also indicates a bearish trend. Since the bull market peak at 126k, Bitcoin has dropped to 80k, then rallied to form a bearish flag high at 98k, which was our previous take-profit point for longs.
4. Looking back, the price has moved from 98k to 60k and now sits at 78k, forming another bearish flag. Each time we hit a bottom, the rebound hasn’t varied much in strength.
5. Taking all this into account, I believe this high will likely cap around 78k. Thus, shorting in the 78k to 80k range makes total sense. Get ready with 5x leverage and a 40% position; the rest is up to time… $BTC
🚨Bitcoin has formed a daily evening star pattern, is a pullback trend coming?
The short position opened last Friday on the big coin All profits were taken at 71 on the evening of 735 Now that it has rebounded again, it is definitely time to continue shorting
Just rebounded to 725, I suggest entering a small short position Continuously add positions around 738 as resistance Usually, the downward intensity of an evening star on the daily chart is quite strong The current rebound is just a trap to lure buyers This is the last opportunity for the bulls trapped over the weekend
Pre-market judgment, extraordinary decisions during the market I am Lv Bufan. If trading lacks direction, remember to follow me Daily share of swing trading strategies $BTC
$BTC 4.12 A Brief Analysis of Bitcoin and My Subsequent Views
1. Trend Break: The 4-hour upward trend line was effectively broken by the large drop after the 73773 high, ending the short-term bullish trend and turning bearish.
2. Key Level Lost: The previous strong support near 72000 has been broken and has turned into strong resistance, making it difficult for rebounds to exceed.
3. Top Signal: The long upper shadow candlestick at the 73773 high confirms that this round of price increase has reached a temporary peak.
4. Downward Projection: The first target is near 70000, and if broken, the mid-term outlook is 69000-68000 range.
5. Trading Strategy: Short positions in the 72000-72500 range on rebounds, with a stop loss above 73500, looking bearish in line with the trend.
6. Key Note on Daily Line: If the closing price at 8 AM is below 718, it will form a Evening Star top signal.
🎈Wake up, Bitcoin is in a free fall, check if your position is still there?
The warning was already publicly announced on Friday night Do not chase the rise; the results prove that chasing long positions has led to losses At that time, the four-hour structure chart showed that the RSI was severely overbought and needed a correction After the price broke through the previous high, it has already diverged from the MACD
The suggestion is to place a short order at 735-738 when the price breaks through the previous high Yesterday morning, it peaked at 73430, just missing the entry Fortunately, there was an opportunity last night to raise it to 73700 As long as the order was placed, it was basically entered
Now, with a nearly 3000-point space, is it comfortable? The four-hour uptrend has already broken If the closing price does not stabilize above 72300, the market will continue to fall Looking at below 70000, around 69600 $BTC