Share a story to illustrate The price of soybeans has skyrocketed. A drought has occurred in the main soybean-producing area of Illinois, and unless the disaster can be alleviated in a short period, there will be a severe shortage of soybeans... Suddenly, a few drops of water flowed down the glass of a window. "Look," someone shouted, "it's raining!" Instantly, the eyes of more than 500 traders in the room turned towards that large window... The rain began to fall softly and steadily, increasing in intensity until it became a torrential downpour. The business district of Chicago was shrouded in a curtain of rain.
Click the ETH order below 3272 Short 3303 Stop Loss See below 3050 Entry Reason: There are a large number of orders around 3255 and 3000, placing a bit above, and there is a divergence phenomenon in today's upward trend, which may lead to a spike up followed by a drop, provided there are no news factors $ETH #美联储重启降息步伐
Click the ETH order below 3272 Short 3303 Stop Loss See below 3050 Entry Reason: There are a large number of orders around 3255 and 3000, placing a bit above, and there is a divergence phenomenon in today's upward trend, which may lead to a spike up followed by a drop, provided there are no news factors $ETH #美联储重启降息步伐
Click the eth order below 2726 long at 2680 stop, see 2840 Catch a blowout Entry reason: Retail shorts are entering at this position, liquidity is around 2730, there are strong limit orders, remember that what determines the rise and fall in the market are passive orders, can you understand this logic? $ETH {spot}(ETHUSDT)
Click the eth order below 2726 long at 2680 stop, see 2840 Catch a blowout Entry reason: Retail shorts are entering at this position, liquidity is around 2730, there are strong limit orders, remember that what determines the rise and fall in the market are passive orders, can you understand this logic? $ETH
Rich and Noble didn't gamble with Long Er back then Rich came to the crypto world to play contracts, maybe he is the second Liang Xi #加密市场反弹 $BTC #加密人生
The previous section mentioned the central point, and here it is. Tonight's latest candlestick, "Chande Theory" hindsight, retracing to the top of the previous central point and then rebounding. For example: if housing prices fluctuate between 3000 and 5000, and suddenly rise to 8000, you will regret not buying earlier. Then one day, when housing prices drop to 5000, there will be a large number of buyers again, and the price will rise. $ETH
ETH 2690 to 2650 area go long 2620 stop loss Do not over-invest Entry reasons: 1️⃣ Based on supply and demand, need to break down to gain liquidity 2️⃣ Looking for a rebound at a larger level, a k-line repair after a sharp drop 3️⃣ There are large orders in the 2600 to 2690 area, respectively at 2690 2651 2600 $ETH #美国非农数据超预期
This is the most simplified capital flow chart, with both long and short sides. But in reality, there are subdivisions within it: market makers, institutions, whales, project parties, and retail investors, who operate in the market. So why are retail investors always being taken advantage of? Because others can see clearly the cards you are holding. $BTC #加密市场回调
Have you seen the doji at the 15-minute K? This is a reversal signal, appearing at the bottom of a downward trend, indicating a reversal, but it often fails, especially on smaller timeframes. Brave traders can try with small positions. Looking at the second chart, after the bulls were knocked out, they re-entered the market, so brave traders can still make a short-term trade while managing their stop loss. I still hold a bearish view, as short positions have been increasing while bulls are exiting, and there is a wave of liquidation at 3270 and 3110. This is a personal opinion and does not constitute investment advice, for reference only. $ETH #加密市场回调
11:20 AM When I saw this 15-minute candlestick forming a long upper shadow, I noticed that there was a previous position very similar to this one. I wanted to short, knowing it might first rise a bit before going down, but I lacked confidence and didn't enter the market. As I expected, it went down for a while, of course, this is an ultra-short-term strategy. In fact, when I saw the preceding candlestick before the bearish candlestick, I should have decisively entered the market when the bears were continuously entering and the bulls were exiting. I should have set a good stop loss, trusted my judgment, and it’s just about using a tight stop loss to exchange for a position with a higher risk-reward ratio. $ETH #加密市场回调