#1月翻仓挑战赛 Feedback from trading partners Joined the group on December 22 and increased positions to participate in the January challenge Current net profit is 5300U, and the account has been doubled! Trading is a long-term battle, a culmination of countless trades, focusing on helping everyone achieve stable profits
Trendline Breakout Entry Method: Catch Big Trends!
Want to make money with trend trading? This “trendline breakout entry” strategy teaches you 3 moves to enter precisely
① Identify the breakout signal - After a trendline break below/above, look for a pullback and test! Combine support/resistance levels to confirm a trend reversal
② Filter out fake breakouts—remember 3 strict rules: - Breakout with a full-body candle (the K-line close price holds outside the trendline) - Breakout with increasing volume (volume must keep up—only then is it a real breakout) - Two K-lines on the daily timeframe holding steady (to avoid whipsaw “needle” market)
③ Entry + risk control - After the breakout, find your “short entry point/long entry point,” set your stop-loss, and aim for a 1:3 risk-reward ratio—steady, calm, and not panicking~
Key: Don’t be fooled by fake breakouts! Follow the strict rules to filter them out—your win rate will be higher $BTC
Recently, although there has been a pullback following tech stocks, I believe it's more of a correction within a bullish trend rather than a sign of weakening fundamentals.
From a fundamental perspective, AMD's latest quarterly earnings report remains stellar, with Q1 revenue hitting $10.3 billion, up 38% year-over-year. The data center business continues to grow at a rapid pace, and the company has provided better-than-expected guidance for Q2, indicating that demand for AI infrastructure remains strong, with enterprises not cooling off on their purchases of AI GPUs and server chips.
On the technical side, the daily chart still maintains a medium to long-term bullish structure, currently just testing moving averages and consolidating, without breaking crucial support. As long as it can re-establish above recent resistance levels, there is still a chance for a new short-term rally.
Tonight, the biggest variable in the market is the U.S. core PCE data. If the inflation figures come in below or in line with market expectations, it will help improve the market's outlook on Fed policy, and risk appetite for tech stocks may rise, giving AMD a chance for a technical bounce; however, if the data exceeds expectations, the market may reassess high interest rate expectations, and we should stay alert for increased volatility in the short term.
My trading strategy remains unchanged: The medium to long-term AI growth logic for AMD has not altered; I do not recommend chasing highs in the short term. Patience is key—wait for the PCE report to clarify market direction before looking for pullback stabilization or breakout confirmation entry points, which will be more advantageous than preemptively betting on the data.
Currently, we've bounced back nearly 2000 points. We're in a rebound correction phase after a steep drop, but the upward momentum is weak, so it's not the right time to chase longs. Instead, it's better to consider shorting the bounce or wait for a reaction after a retest of key support levels.
With the recent low close to 59000, it's clear the market is experiencing significant panic selling. Additionally, there's heavy resistance above, and we haven't seen a strong push to reclaim those levels, so we remain in the recovery phase after the decline.
In the short term, resistance looks to be around 62300-62900, which was yesterday's trading range. Some trapped positions could create short opportunities if we fail to hold on a breakout. Further resistance lies at 63200-64000, which is a good spot for shorting, while the latter is more of an ideal, stable position. Both key points can be used as reference levels.
Support is found around 60000-59000; until we see a reversal, there remains a need for a retest. $BTC
A lot of folks think that sideways movement means there's 'no action'. But if you look at the market structure, those consolidation zones are often the key spots. Big money finds it tough to build positions in a short timeframe. If prices shoot up too quickly, it actually inflates their entry costs. So, more often than not, the market enters a period of choppy price action: prices go up, some traders take profits, and as it drops, others step in, constantly digesting the sentiment. The chips are gradually being redistributed. That's why many trends take a long time to build before they kick off. Box range trading isn't really 'stagnation'; it’s both bulls and bears searching for equilibrium. What’s truly crucial isn’t the consolidation itself, but rather: who’s consistently trading within that range and which direction the price will ultimately break out. Once the direction is confirmed, that former range often becomes the launchpad for the next phase of the trend.
Current price is good for a small long position, betting on the upward breakout at the end of the triangular consolidation. Set aside funds around 15 for adding to the position upon confirmation of a pullback. If we break key support, it's time to exit. Keep an eye on the resistance zones at 16.3, 16.8, and 17.5. $VVV
#BTC Negative fees are pushing it up again, I'm looking to short around 64,500. If you can really break through this weekend, then I'll consider it. $BTC
Support levels aren't drawn, they're created through trades.
When many folks dive into technical analysis, their first thought is: "Just draw a line here, that’s the support level." But the market doesn’t just bounce back because "you drew a line." Real support levels are essentially: The areas where significant capital has exchanged hands The spots where market sentiment is in a tug-of-war Regions that many traders collectively see as "cheap." So you'll notice: When prices drop to these levels, buyers start to step in; if it breaks below, sentiment can quickly shift bearish; And once it effectively breaks down, the former support often flips to new resistance. Because the market remembers. Many traders look at candlesticks and just focus on patterns; But what really matters is where the money previously showed divergence. Support and resistance aren’t just lines. They reflect the "cost and sentiment" of market participants.
#LAB $LAB The 1-hour chart is back at a key resistance zone. Keep an eye on the pressure levels here; if we break through and hold, we'll be looking bullish 📈