Yesterday it was mentioned that Bitcoin's short-term trend continues to fluctuate strongly. Indeed, last night, the high point surged to 73.8K, but unfortunately, the bulls did not stabilize.
Currently, it seems that this rise is still a false breakout. Pay close attention to the strong support in the 68k-70k range below; this price is a relatively ideal position to enter a long on the right side!
It is expected to enter long around 68.5k. Those who don't have positions can place a long order~
Our short position from yesterday $XAU has reached the first target!
The next target is aimed directly at 4980! Those who are following, remember to take profits in batches!
Crypto阿东
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$XAU Precious Metals Gold
Key resistance failed to break, from the chart perspective there is a need for a pullback, currently opened a short position to establish a head position, expecting to add to the position near 5190
$BTC The big pancake is too strong. The analysis provided in the morning clearly stated that the fluctuations are biased towards strength. How many more people are there to short?
The next step is to see if the bulls can make a strong push to break through the key resistance. If 72.2K breaks and stabilizes, the next key resistance of 75K can be looked at!
Key resistance failed to break, from the chart perspective there is a need for a pullback, currently opened a short position to establish a head position, expecting to add to the position near 5190
Current price 71.4k is currently in a slight pullback phase at a high position, but still firmly within the upward channel!
The bulls' counterattack this time is indeed a bit strong, but the key resistance has not yet been broken, leading to a bit of a dilemma now; the upcoming trading ideas: either gamble on a non-breakout, or wait for a clear direction!
The short-term key resistance is 72.2k. If it breaks effectively, the target can look towards 73k upwards! In the short term, $BTC is still in a high-level consolidation phase after a strong surge, with bullish momentum prevailing, and it is expected to mainly oscillate with a slight upward trend!
It has gone to the iron plate, $龙虾 Dog Zhuang is really amazing, directly hitting a new high
I won't eat lobster anymore, I'm allergic to lobster!
Crypto阿东
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$龙虾 opened a short position, I predict that the contract will reach its peak. At this stage, it is unlikely for spot trading. With no favorable news, should I just hold it over the New Year?
Short at the current price! The initial target is 0.0175!
$龙虾 opened a short position, I predict that the contract will reach its peak. At this stage, it is unlikely for spot trading. With no favorable news, should I just hold it over the New Year?
Short at the current price! The initial target is 0.0175!
$BTC In the short term, it is still mainly a pullback
After the big coin surged and then fell, it formed a clear descending channel, and the current price is stabilizing around 69.4k. Pay attention to the low points around 69k and 68.5k. If it breaks below, a structure of decreasing lows will appear.
As long as the big coin does not quickly stand back above 69.8k-70k, the probability of continuing to test down to 69k→67k is quite high!
In this market situation, whether long or short, one must be cautious, cautious, and again cautious!
Congratulations to the friends who got on the train for securing another order :$ARIA !
However, this coin's rebound is still a bit rapid. We shorted this junk starting from 0.142 and took profits at a 70% low point. No matter how you look at it, there are still profits to be had.
Only 30% of the base position is left to manage, and even if it gets hit back to break-even, it wouldn't be a loss. I just didn't expect this coin to rebound so quickly!
Is there anyone who wants to follow Dong ge to eat big meat? Raise your hand in the comments!
The big family posted the code in the skirt yesterday: $IDOL
It has already shown a good increase after a day! Now that there is profit in this market, we need to cash out, so our long position IDOL is no longer in the pattern and is directly running away.
What coins do you guys want to play with today? Dong Ge will find them for you! (Starting with a 10% increase)
If you want to join the big family, leave a message in the comment area~
$龙虾 has officially launched on Binance contracts, the next stop is the spot market, but I think the probability of launching in the spot market is still quite small.
At least it needs a market value of 40 to 50 million, and then it's up to you to show your performance~
A phrase $PIXEL This kind of demon coin is best left untouched. The dog farm is here to cut the last liquidity in the coin circle, which is no different from the previous $MYX $M dog farms.
They all create a high trap, and after the spot market crashes, they deliver the fatal blow. This kind of demon coin is best for making money, but if you choose the wrong direction, you will be the next one to be liquidated!
Tonight at 20:30, the U.S. CPI data for February will be announced.
Those without positions can patiently wait for a wave, and decide on long or short after the data is released. A big negative news will drop tonight. Our short position $BTC , take profit at 68.5k, feeling great. #比特币重新站上7万美元大关 #特朗普称伊朗战事接近尾声