Wolf_king88
It focuses on trading strategies with a high profit-loss ratio, making big profits from small losses and achieving stable asset growth.X:Wolf_king888
1 Ακολούθηση
14.4K+ Ακόλουθοι
6.0K+ Μου αρέσει
353 Κοινοποιήσεις
Δημοσιεύσεις
Παραθέσεις
PINNED
Trading System-Risk Management
Risk management is a word that everyone who does trading, often hangs on the lips, but most people tend to just talk about risk management; Unable to actually establish the awareness of risk management, relying too much on intuitive trading, so that it is impossible to achieve long-term use of fixed trading strategies to achieve profit purposes.
Today I will share with you a systematic risk control concept. I hope it will be of some help to your futures trading in the future. Remember to forward and like it~
What should you pay attention to when trading futures?
First of all, the biggest advantage of futures trading is that small funds can be used as margin guarantee transactions, which can control risks more flexibly than spot prices; similarly, the biggest disadvantages of futures trading are the same as the advantages. While using leverage to amplify profits, you need to The risks taken will also be magnified in proportion;
Investors with poor trading experience often use leverage incorrectly (mainly referring to excessive magnification), coupled with psychological instability, they are prone to the following serious situations:
1. Wrong risk managementImproper use of leverage, or operations with a low winning rate or low profit-loss ratio;Many novices tend to ignore the advantages of using leverage, blindly use too high leverage, or too high number of contracts, focusing on the immediate potential profits and ignoring the potential risks brought by leveraged trading, which invisibly magnifies the risks, resulting in Positions are overexposed to risk and liquidated;
2. Immature mentalityLosing money or missing out on the market leads to greed, regret, fear and other negative psychological effects that affect judgment, making it impossible to operate according to the strategy;
3. Gambler’s psychologyAfter losing money in the market, you want to make back the loss through a larger margin. If you make a profit, you want to continue making profits with a larger position;
There may also be another situation where the trend reversal is close to the stop loss, but because the position on the market is at a floating loss, you choose to continue to hold the position, going against the trend, resulting in amplified losses, or even liquidation; or when the price has reached a floating profit, The strategy has a profit-taking target, but due to greed, one chooses to continue holding the position, causing the original profit to be taken back or even turn into a loss;
In the trading market, retail investors often make too many mistakes and get lost in technical analysis. They pursue the perfect strategy with a 100% winning rate and ignore the implementation of the general principle of stop-profit and stop-loss.
What is risk?
Risk is the uncertainty of future investment returns in the trading market. Loss of income, or loss of principal, can be included in investment risk. The characteristics of risk include objective probability, meaning that the risk can be taken to prevent the occurrence, or reduce the loss caused by the occurrence of a risky event, but it is impossible to completely eliminate the risk, because to do so means that we will also eliminate the future gain. This also shows that risk management in the trading market is very necessary and very important.
What is risk management?
Risk management and control means taking effective measures to reduce the probability of occurrence of risk events, or effectively reduce the loss caused by risk events after the occurrence of risk events, and control the loss to an acceptable degree. Traders with less trading experience tend to focus too much on technical analysis and trading strategies, and place too much trust in strategic indicators. These traders often inadvertently ignore the probability of the occurrence of risk events, the entire principal as a margin to make a one-time bet trading, such traders, the final result is only death.
Importance of profit-loss ratio
A profit-loss ratio that is too low will result in more losses and less profit.Assuming that our risk management strategy is to set the profit-loss ratio of each transaction to 1:1, we must at least maintain the winning rate of the transaction above 50% to ensure stable profits for the position;If the profit and loss ratio is set to 1:1, for any transaction we should ensure that the profit and loss ratio is greater than or equal to 1:1 before entering the market. Otherwise, even if the winning rate is high, the effective profit and loss ratio cannot be achieved. It may also cause a large profit retracement or even loss after a loss occurs.
A higher profit-loss ratio in the trading strategy can effectively make up for the problem of lower than 50% winning rate in trading;
for example:
In an account with 10,000 USDT, each transaction uses 1% of the position as the cost (100 USDT), and the profit and loss ratio is controlled at 1:3. In 10 transactions, there will be an average of 4 take-profits and the remaining 6 losses. purely looking at the winning rate, the trading winning rate is only 40%. Such a result is definitely unsatisfactory.
However, based on the profit-loss ratio combined with the winning rate, the average overall profit for 10 transactions falls within:(100USDT (1% cost)*3 (profit-loss ratio)*4 profits) — (100USDT (1% cost)*1*6 losses)=1200USDT-600USDT=600USDT
We can see that with a trading strategy that controls the profit and loss ratio at 1:3 each time and uses 1% of the total position as a cost, although the winning rate is only 40%, we can also get a 6% return in every 10 transactions. The most important thing is that even if a loss occurs, only 1% of the positions bear the risk of loss.
This is also why we pursue a high profit-loss ratio. Only a high profit-loss ratio + a high winning rate can achieve effective compound interest.
Summarize
In the trading market, risk management accounts for at least 80% of the importance, and the remaining 20% is the trading system and strategy. Avoid blindly pursuing technical analysis and indicators, strictly implement basic skills and risk control, and avoid gambling operations such as heavy positions and full positions. The long-term stability of position funds is the correct trading direction.
The futures market is highly volatile. It is recommended that investors strictly implement risk management. Only by surviving in the trading market can we have the opportunity to achieve more trading goals.
➡️If it is useful to you, please remember to forward it📤Like❤️~
#crypto2023 #Binance #trading #wolf_king888
Today I will share with you a systematic risk control concept. I hope it will be of some help to your futures trading in the future. Remember to forward and like it~
What should you pay attention to when trading futures?
First of all, the biggest advantage of futures trading is that small funds can be used as margin guarantee transactions, which can control risks more flexibly than spot prices; similarly, the biggest disadvantages of futures trading are the same as the advantages. While using leverage to amplify profits, you need to The risks taken will also be magnified in proportion;
Investors with poor trading experience often use leverage incorrectly (mainly referring to excessive magnification), coupled with psychological instability, they are prone to the following serious situations:
1. Wrong risk managementImproper use of leverage, or operations with a low winning rate or low profit-loss ratio;Many novices tend to ignore the advantages of using leverage, blindly use too high leverage, or too high number of contracts, focusing on the immediate potential profits and ignoring the potential risks brought by leveraged trading, which invisibly magnifies the risks, resulting in Positions are overexposed to risk and liquidated;
2. Immature mentalityLosing money or missing out on the market leads to greed, regret, fear and other negative psychological effects that affect judgment, making it impossible to operate according to the strategy;
3. Gambler’s psychologyAfter losing money in the market, you want to make back the loss through a larger margin. If you make a profit, you want to continue making profits with a larger position;
There may also be another situation where the trend reversal is close to the stop loss, but because the position on the market is at a floating loss, you choose to continue to hold the position, going against the trend, resulting in amplified losses, or even liquidation; or when the price has reached a floating profit, The strategy has a profit-taking target, but due to greed, one chooses to continue holding the position, causing the original profit to be taken back or even turn into a loss;
In the trading market, retail investors often make too many mistakes and get lost in technical analysis. They pursue the perfect strategy with a 100% winning rate and ignore the implementation of the general principle of stop-profit and stop-loss.
What is risk?
Risk is the uncertainty of future investment returns in the trading market. Loss of income, or loss of principal, can be included in investment risk. The characteristics of risk include objective probability, meaning that the risk can be taken to prevent the occurrence, or reduce the loss caused by the occurrence of a risky event, but it is impossible to completely eliminate the risk, because to do so means that we will also eliminate the future gain. This also shows that risk management in the trading market is very necessary and very important.
What is risk management?
Risk management and control means taking effective measures to reduce the probability of occurrence of risk events, or effectively reduce the loss caused by risk events after the occurrence of risk events, and control the loss to an acceptable degree. Traders with less trading experience tend to focus too much on technical analysis and trading strategies, and place too much trust in strategic indicators. These traders often inadvertently ignore the probability of the occurrence of risk events, the entire principal as a margin to make a one-time bet trading, such traders, the final result is only death.
Importance of profit-loss ratio
A profit-loss ratio that is too low will result in more losses and less profit.Assuming that our risk management strategy is to set the profit-loss ratio of each transaction to 1:1, we must at least maintain the winning rate of the transaction above 50% to ensure stable profits for the position;If the profit and loss ratio is set to 1:1, for any transaction we should ensure that the profit and loss ratio is greater than or equal to 1:1 before entering the market. Otherwise, even if the winning rate is high, the effective profit and loss ratio cannot be achieved. It may also cause a large profit retracement or even loss after a loss occurs.
A higher profit-loss ratio in the trading strategy can effectively make up for the problem of lower than 50% winning rate in trading;
for example:
In an account with 10,000 USDT, each transaction uses 1% of the position as the cost (100 USDT), and the profit and loss ratio is controlled at 1:3. In 10 transactions, there will be an average of 4 take-profits and the remaining 6 losses. purely looking at the winning rate, the trading winning rate is only 40%. Such a result is definitely unsatisfactory.
However, based on the profit-loss ratio combined with the winning rate, the average overall profit for 10 transactions falls within:(100USDT (1% cost)*3 (profit-loss ratio)*4 profits) — (100USDT (1% cost)*1*6 losses)=1200USDT-600USDT=600USDT
We can see that with a trading strategy that controls the profit and loss ratio at 1:3 each time and uses 1% of the total position as a cost, although the winning rate is only 40%, we can also get a 6% return in every 10 transactions. The most important thing is that even if a loss occurs, only 1% of the positions bear the risk of loss.
This is also why we pursue a high profit-loss ratio. Only a high profit-loss ratio + a high winning rate can achieve effective compound interest.
Summarize
In the trading market, risk management accounts for at least 80% of the importance, and the remaining 20% is the trading system and strategy. Avoid blindly pursuing technical analysis and indicators, strictly implement basic skills and risk control, and avoid gambling operations such as heavy positions and full positions. The long-term stability of position funds is the correct trading direction.
The futures market is highly volatile. It is recommended that investors strictly implement risk management. Only by surviving in the trading market can we have the opportunity to achieve more trading goals.
➡️If it is useful to you, please remember to forward it📤Like❤️~
#crypto2023 #Binance #trading #wolf_king888
📊 Is the #BTC rally over?
🧠From a structural perspective, we have reached the ideal target zone of the double top bearish structure, so a strong rebound is very reasonable. The realization of the ideal target zone means that the previous decline has ended. We need to change our thinking and stop being too bearish. Stay cautious!
➡️At the same time, the goals of the long structure we built in the support area have also been fully achieved, and this period of rise has reached the lower edge of the extended wedge + the downward trend line + the blue resistance area very quickly, so there is a possibility of a pullback, so don’t chase the rise here. If you want to participate in long transactions, we should pay attention to the opportunities after the pullback.
Let’s see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we have reached the ideal target zone of the double top bearish structure, so a strong rebound is very reasonable. The realization of the ideal target zone means that the previous decline has ended. We need to change our thinking and stop being too bearish. Stay cautious!
➡️At the same time, the goals of the long structure we built in the support area have also been fully achieved, and this period of rise has reached the lower edge of the extended wedge + the downward trend line + the blue resistance area very quickly, so there is a possibility of a pullback, so don’t chase the rise here. If you want to participate in long transactions, we should pay attention to the opportunities after the pullback.
Let’s see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#ETH Bearish Head and Shoulders📉
🧠From a structural perspective, we failed to break through the blue resistance zone yesterday, but fell below point 4, which means that the previous rise is over and the probability of continuing the bullish force is reduced. If it went straight up yesterday and reached the heavy resistance area of 2860-2911 that I want to focus on, then I would try to short trade, but the market did not give us such an opportunity.
➡️From a graphical perspective, we have built a bearish head and shoulders structure in the resistance area, and we have formed a rising wedge after this period of sideways consolidation. Both models are bearish expectations, so we need to be wary of the risk of a pullback.
Let's take a look👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ETH
🧠From a structural perspective, we failed to break through the blue resistance zone yesterday, but fell below point 4, which means that the previous rise is over and the probability of continuing the bullish force is reduced. If it went straight up yesterday and reached the heavy resistance area of 2860-2911 that I want to focus on, then I would try to short trade, but the market did not give us such an opportunity.
➡️From a graphical perspective, we have built a bearish head and shoulders structure in the resistance area, and we have formed a rising wedge after this period of sideways consolidation. Both models are bearish expectations, so we need to be wary of the risk of a pullback.
Let's take a look👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ETH
📊#BTC Beware of further declines📉
🧠From a structural perspective, we have not been able to break through and stabilize at the resistance area near 106500. And the structure of the reversal of the bullish trend has been established, so the downside risk remains.
➡️From a graphical perspective, we have formed an extended wedge between the support line and the resistance area, and the price has now fallen below the lower edge of the wedge, so we will likely see further pullbacks.
➡️If the market really develops as expected, then the support area worth paying attention to is around 100700.
⚠️Note that if we rise again and successfully break through and stabilize at the resistance near 106750, then we will see more gains.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we have not been able to break through and stabilize at the resistance area near 106500. And the structure of the reversal of the bullish trend has been established, so the downside risk remains.
➡️From a graphical perspective, we have formed an extended wedge between the support line and the resistance area, and the price has now fallen below the lower edge of the wedge, so we will likely see further pullbacks.
➡️If the market really develops as expected, then the support area worth paying attention to is around 100700.
⚠️Note that if we rise again and successfully break through and stabilize at the resistance near 106750, then we will see more gains.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC Downside risk has not been lifted⚠️
🧠Unfortunately, it is $34 away from the second target of our short strategy of 103,000.
But don't worry, the ideal target area of the short structure has not been achieved, and the downside risk has not been lifted, so we still need to look for short opportunities after the rebound.
➡️From the current structure, the aggressive pressure level is around 106,000, and the overlapping resistance area is around 106,500-107,800.
⚠️The weekend's rise is deceptive and belongs to the repair stage after the big drop. We may see a bigger drop next week!
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠Unfortunately, it is $34 away from the second target of our short strategy of 103,000.
But don't worry, the ideal target area of the short structure has not been achieved, and the downside risk has not been lifted, so we still need to look for short opportunities after the rebound.
➡️From the current structure, the aggressive pressure level is around 106,000, and the overlapping resistance area is around 106,500-107,800.
⚠️The weekend's rise is deceptive and belongs to the repair stage after the big drop. We may see a bigger drop next week!
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC Double Top Bearish Structure, Beware of Pullback📉
🧠From a structural perspective, we broke below the neckline of 106510, which means that the bearish double top pattern is established, so we need to be wary of the coming of a plunge.
➡️As I said in my last analysis, we stabilized and rebounded after testing the support near H1, but I was not satisfied because my order was swept after I moved up the SL, so we cancelled the risk and also meant that we might cancel the possible future profits.
➡️However, I still succeeded because I stuck to my trading plan and tried some short trades after the price rebounded near the blue resistance line. 50% of the profit has been locked in because I am worried that the market will jump back and forth between support and resistance, and there is a gap to be filled near 109200.
⚠️If we fail to hold the support near 106500 tomorrow, then we will see a plunge.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we broke below the neckline of 106510, which means that the bearish double top pattern is established, so we need to be wary of the coming of a plunge.
➡️As I said in my last analysis, we stabilized and rebounded after testing the support near H1, but I was not satisfied because my order was swept after I moved up the SL, so we cancelled the risk and also meant that we might cancel the possible future profits.
➡️However, I still succeeded because I stuck to my trading plan and tried some short trades after the price rebounded near the blue resistance line. 50% of the profit has been locked in because I am worried that the market will jump back and forth between support and resistance, and there is a gap to be filled near 109200.
⚠️If we fail to hold the support near 106500 tomorrow, then we will see a plunge.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC reaches the support line, be cautious about rebounding⚠️
🧠From a structural perspective, we tested the resistance area near 110,000 again yesterday, but failed to break through. The price has stabilized after pulling back to the uptrend support line, so we need to be alert to the risk of rebound⚠️
➡️If we still cannot break through the resistance area near 110,000 this time, we should be alert to the arrival of a plunge. After breaking the downtrend support line, I expect a deep correction phase to begin.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we tested the resistance area near 110,000 again yesterday, but failed to break through. The price has stabilized after pulling back to the uptrend support line, so we need to be alert to the risk of rebound⚠️
➡️If we still cannot break through the resistance area near 110,000 this time, we should be alert to the arrival of a plunge. After breaking the downtrend support line, I expect a deep correction phase to begin.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC failed to break through, beware of pullbacks⚠️
🧠Yesterday, I found signs of stabilization near 109500 and closed my short position and went long because I was worried that we would break through the resistance area near 110000. As a result, the market developed as expected and we successfully broke through, but unfortunately we did not stabilize above the resistance area of 110000.
➡️From a graphical point of view, we formed an extended wedge near the resistance area, and we have now fallen through this pattern, which is about $400 away from the support near 107000 that I want to focus on, so I missed this rebound space.
➡️Currently we are blocked by the downward trend line. Only if we break through here and stabilize, can we see a big surge.
⚠️Note that we have tested the support near 107000 many times. If we fall below here, we will see further pullbacks.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠Yesterday, I found signs of stabilization near 109500 and closed my short position and went long because I was worried that we would break through the resistance area near 110000. As a result, the market developed as expected and we successfully broke through, but unfortunately we did not stabilize above the resistance area of 110000.
➡️From a graphical point of view, we formed an extended wedge near the resistance area, and we have now fallen through this pattern, which is about $400 away from the support near 107000 that I want to focus on, so I missed this rebound space.
➡️Currently we are blocked by the downward trend line. Only if we break through here and stabilize, can we see a big surge.
⚠️Note that we have tested the support near 107000 many times. If we fall below here, we will see further pullbacks.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC reaches the target area, beware of pullbacks⚠️
🧠From a structural point of view, we have support near H1, and built a bullish head and shoulders structure, and broke through the downward trend line, so it is very reasonable to have such a rise.
➡️Unfortunately, the price did not reach the 105,000 support that I wanted to pay attention to, and this rise happened when I was sleeping, so I missed it.
➡️But now the price has reached the 110,000 pressure area that I am concerned about, and has reached the target area of the bullish head and shoulders structure. So I will not chase the rise in the resistance area, but I will look for some shorting opportunities.
⚠️Note that the main trend is long, so shorting is a counter-trend transaction, and we need to be cautious. Try to pay attention to the opportunity to go long on the pullback. The more aggressive support is near 108,000, and the more conservative support is near H1. It has been tested twice here. Will it be tested for the third time?
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural point of view, we have support near H1, and built a bullish head and shoulders structure, and broke through the downward trend line, so it is very reasonable to have such a rise.
➡️Unfortunately, the price did not reach the 105,000 support that I wanted to pay attention to, and this rise happened when I was sleeping, so I missed it.
➡️But now the price has reached the 110,000 pressure area that I am concerned about, and has reached the target area of the bullish head and shoulders structure. So I will not chase the rise in the resistance area, but I will look for some shorting opportunities.
⚠️Note that the main trend is long, so shorting is a counter-trend transaction, and we need to be cautious. Try to pay attention to the opportunity to go long on the pullback. The more aggressive support is near 108,000, and the more conservative support is near H1. It has been tested twice here. Will it be tested for the third time?
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC Rising Wedge📉
🧠From a structural perspective, we have reached the target area of the bullish cup-with-handle structure, so we need to be vigilant about the occurrence of a pullback.
➡️From a graphical perspective, we have formed a rising wedge near the red resistance area, which is generally regarded as a bearish model.
➡️If the rising trend support line does not hold and falls directly, then we can also expect further declines to occur
⚠️Note that counter-trend trading in an uptrend must be risk-managed.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we have reached the target area of the bullish cup-with-handle structure, so we need to be vigilant about the occurrence of a pullback.
➡️From a graphical perspective, we have formed a rising wedge near the red resistance area, which is generally regarded as a bearish model.
➡️If the rising trend support line does not hold and falls directly, then we can also expect further declines to occur
⚠️Note that counter-trend trading in an uptrend must be risk-managed.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#ONDO Bullish Head and Shoulders📈
🧠From a structural point of view, we have a bullish head and shoulders structure constructed near the uptrend support line and the yellow support zone, so we expect a nice upside to come.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ONDO
🧠From a structural point of view, we have a bullish head and shoulders structure constructed near the uptrend support line and the yellow support zone, so we expect a nice upside to come.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ONDO
📊#BTC bullish structure is broken, beware of pullback!
🧠The target of the ascending triangle is achieved and it falls below the turning point of the bullish structure at 102561, which means that the upward trend is likely to end. The bullish structure is broken, which means that the probability of continued rise has become lower. Therefore, we can wait for a rebound before looking for short opportunities.
➡️The support near 100700 has never been tested, which is worth our attention.
Let's take a look 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
🧠The target of the ascending triangle is achieved and it falls below the turning point of the bullish structure at 102561, which means that the upward trend is likely to end. The bullish structure is broken, which means that the probability of continued rise has become lower. Therefore, we can wait for a rebound before looking for short opportunities.
➡️The support near 100700 has never been tested, which is worth our attention.
Let's take a look 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
📊#BTC Complex consolidation phase📊
🧠Currently in the resistance zone, but the trend direction is bullish. We are doing narrow fluctuations in the range of 91800-95000. There are some contradictions between the long and short positions here. If we want to participate in new transactions, we must wait until the absolute support and resistance levels.
➡️If it falls below the first support zone near 91800, then we need to pay attention to the second support zone of 88000-89000
➡️We need to wait for the structure to become clearer before looking for new trading opportunities.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠Currently in the resistance zone, but the trend direction is bullish. We are doing narrow fluctuations in the range of 91800-95000. There are some contradictions between the long and short positions here. If we want to participate in new transactions, we must wait until the absolute support and resistance levels.
➡️If it falls below the first support zone near 91800, then we need to pay attention to the second support zone of 88000-89000
➡️We need to wait for the structure to become clearer before looking for new trading opportunities.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC Ascending Triangle📈
🧠As time goes by, the price is gradually compressed and forms an ascending triangle. We need to observe the breakout opportunities on either side to decide what to do.
➡️The trading volume is relatively low over the weekend. In the absence of market volatility, we still wait and see, patiently waiting for the right opportunity to appear.
➡️I wanted to participate in some long trades today, but the price did not reach the overlapping support area quickly, and this support area is also time-limited. Once it exceeds the expected time range, the effectiveness of the support area will decrease, so I decided to cancel the long limit order.
⚠️Be patient!
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
🧠As time goes by, the price is gradually compressed and forms an ascending triangle. We need to observe the breakout opportunities on either side to decide what to do.
➡️The trading volume is relatively low over the weekend. In the absence of market volatility, we still wait and see, patiently waiting for the right opportunity to appear.
➡️I wanted to participate in some long trades today, but the price did not reach the overlapping support area quickly, and this support area is also time-limited. Once it exceeds the expected time range, the effectiveness of the support area will decrease, so I decided to cancel the long limit order.
⚠️Be patient!
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
📊#RAY Double Top Bearish Structure 📉
🧠From a structural perspective, the goals of the bullish structure have all been achieved, and the target area overlaps with the blue resistance area, and we have built a bearish double top structure in the overlapping resistance area, so we are likely to enter the adjustment phase, be cautious about bullishness!
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $RAY
🧠From a structural perspective, the goals of the bullish structure have all been achieved, and the target area overlaps with the blue resistance area, and we have built a bearish double top structure in the overlapping resistance area, so we are likely to enter the adjustment phase, be cautious about bullishness!
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $RAY
📊#BTC Ascending Triangle📈
🧠From a structural point of view, we are currently in the resistance zone at the daily level, so it is reasonable that we have been consolidating here for a long time.
➡️From a graphical point of view, we have formed an ascending ascending triangle here. Generally, we continue to rise according to this model, and it is also regarded as a signal that the trend is about to end, so we can pay attention to the short-selling opportunities in the red target area above.
⚠️Note that if we fall below the turning point 83675 in advance, the expectation of continued rise will be invalid, and we can pay attention to the short-selling opportunities when we rebound to the blue resistance area again.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural point of view, we are currently in the resistance zone at the daily level, so it is reasonable that we have been consolidating here for a long time.
➡️From a graphical point of view, we have formed an ascending ascending triangle here. Generally, we continue to rise according to this model, and it is also regarded as a signal that the trend is about to end, so we can pay attention to the short-selling opportunities in the red target area above.
⚠️Note that if we fall below the turning point 83675 in advance, the expectation of continued rise will be invalid, and we can pay attention to the short-selling opportunities when we rebound to the blue resistance area again.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC in the resistance zone, beware of pullbacks📉
🧠From a structural perspective, we are currently in the blue resistance zone at the daily level, so we need to pay attention to the risk of a pullback if we cannot break through this area.
➡️The upward trend support line was broken, so it turned into a resistance line. The price reacted well when it touched this resistance line, so we need to pay attention to the suppression of this resistance line.
➡️The downward trend line at the daily level was broken, which means that the adjustment at the daily level may be over, so if there is a good pullback, then we need to look for opportunities for long trades. The support area worth our attention is 80000-81188.
⚠️Note that if the closing price at the 4h level is below 80000, then the market may go bad and we may enter a deeper adjustment.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we are currently in the blue resistance zone at the daily level, so we need to pay attention to the risk of a pullback if we cannot break through this area.
➡️The upward trend support line was broken, so it turned into a resistance line. The price reacted well when it touched this resistance line, so we need to pay attention to the suppression of this resistance line.
➡️The downward trend line at the daily level was broken, which means that the adjustment at the daily level may be over, so if there is a good pullback, then we need to look for opportunities for long trades. The support area worth our attention is 80000-81188.
⚠️Note that if the closing price at the 4h level is below 80000, then the market may go bad and we may enter a deeper adjustment.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC complex consolidation phase✔️
🧠From a structural perspective, we are still in a bearish structure and have not successfully broken through the downward trend line, so the risk of further downside is still not eliminated.
➡️Currently we are in a complex consolidation phase between the blue resistance zone and the green buy zone, so we should remain cautious in the face of ups and downs.
➡️Patience and wait for trading opportunities to appear after either side breaks through.
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
🧠From a structural perspective, we are still in a bearish structure and have not successfully broken through the downward trend line, so the risk of further downside is still not eliminated.
➡️Currently we are in a complex consolidation phase between the blue resistance zone and the green buy zone, so we should remain cautious in the face of ups and downs.
➡️Patience and wait for trading opportunities to appear after either side breaks through.
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
📊#BTC Is the bull market still there?
🧠From a structural perspective, the weekly and monthly uptrends are still intact, so the bull market is not over yet, so I labeled this analysis "LONG". Unless a weekly short structure is built, I think we still have a chance to see 132k-175k.
➡️From a cyclical perspective, we are currently entering a daily adjustment phase. The daily structure cannot change the weekly and monthly uptrends, and we are expected to maintain a complex consolidation for another 5 months, and we may see the results in September.
➡️The current daily downtrend has not ended, and it is approaching the overlapping blue resistance area. Don't go bullish against the pressure. If the weekly closing price in the future can be higher than the overlapping resistance area, then the resistance will turn into support. Only when you step back to this area again can you look for opportunities to go long, otherwise you need to pay attention to the long opportunities in the yellow support area below.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, the weekly and monthly uptrends are still intact, so the bull market is not over yet, so I labeled this analysis "LONG". Unless a weekly short structure is built, I think we still have a chance to see 132k-175k.
➡️From a cyclical perspective, we are currently entering a daily adjustment phase. The daily structure cannot change the weekly and monthly uptrends, and we are expected to maintain a complex consolidation for another 5 months, and we may see the results in September.
➡️The current daily downtrend has not ended, and it is approaching the overlapping blue resistance area. Don't go bullish against the pressure. If the weekly closing price in the future can be higher than the overlapping resistance area, then the resistance will turn into support. Only when you step back to this area again can you look for opportunities to go long, otherwise you need to pay attention to the long opportunities in the yellow support area below.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#BTC Downtrend Ended?
🧠From a structural perspective, the risk of further decline has not been lifted, because the short structure at the daily level is still intact and the downward trend line has not been effectively broken, so the next period of time is likely to be dominated by complex consolidation.
➡️If we can successfully break through the inflection point 99425 or the downward trend line, it means that the short structure is broken, and we can find the right opportunity to actively participate in long-long transactions in the subsequent callback, otherwise we still need to be vigilant about the risk of further decline.
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
🧠From a structural perspective, the risk of further decline has not been lifted, because the short structure at the daily level is still intact and the downward trend line has not been effectively broken, so the next period of time is likely to be dominated by complex consolidation.
➡️If we can successfully break through the inflection point 99425 or the downward trend line, it means that the short structure is broken, and we can find the right opportunity to actively participate in long-long transactions in the subsequent callback, otherwise we still need to be vigilant about the risk of further decline.
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
Συνδεθείτε για να εξερευνήσετε περισσότερα περιεχόμενα