Bull vs Bear, short positions have entered, continue to place long orders below
Trading Plan for $BTC | June 20
1. Currently, BTC has experienced a three-day narrow consolidation, which confirms what I mentioned in the trading plan on June 17 about the validity of pending orders for three days; today is the last day.
2. The four-hour chart shows a bearish arrangement, which made a bullish move in the afternoon, currently undergoing slight pullback. The bullish move here is driven by the main force at the closing time, pushing up to eliminate liquidity at 106500 before starting to pull back. Therefore, now is the time to bet against the short side, but I believe the main force is unlikely to push high in such a despicable manner without clearing the liquidity below.
First Order:
Currently active order, placing a short order at the EMA60 and EMA120 on the four-hour level, which is at the 105500 position, with a stop loss at 107000. Currently, I will move the stop loss to 107500 (ETH synchronized), take profit at 102000, risk-reward ratio 1:2. The short-term bearish liquidity above current BTC has been cleared. The reason for this order is that 1) it is near the liquidity accumulation area around 106000, and 2) there is daily and four-hour moving average resistance above, so there is no reason not to gamble; currently, short positions are safe within 500 points.
Second Order:
Placing two positions to go long near 102000, the take profit level is temporarily set at 104000 to take profit half, the remaining one will observe market trends, and I will publish updates in a timely manner.
3. If these two orders follow my reasoning, then when the market stops falling at any position above 100000 and runs up to the support of the bull market bottom, it will be the watershed for whether to challenge historical highs.
4. If today’s market does not pull back but directly pushes high, causing losses to my short positions, then we should look forward to it making a historical high; that will be the entry point for long-term short positions.
A few heartfelt words, when I write articles, I tend to clearly tell you the points and how to operate. The mundane official language and ambiguous views really irritated me when I was a newbie, but there is a downside to this, which is that it puts a lot of pressure on myself.
Teachers with ambiguous views will tell you that I reminded you yesterday and then pull out a screenshot of a 100x position, while I won’t delete posts or defend myself; I will only review why I was wrong. This is my style; I disdain to deceive others.
Thank you
Trading Plan for $BTC | June 20
1. Currently, BTC has experienced a three-day narrow consolidation, which confirms what I mentioned in the trading plan on June 17 about the validity of pending orders for three days; today is the last day.
2. The four-hour chart shows a bearish arrangement, which made a bullish move in the afternoon, currently undergoing slight pullback. The bullish move here is driven by the main force at the closing time, pushing up to eliminate liquidity at 106500 before starting to pull back. Therefore, now is the time to bet against the short side, but I believe the main force is unlikely to push high in such a despicable manner without clearing the liquidity below.
First Order:
Currently active order, placing a short order at the EMA60 and EMA120 on the four-hour level, which is at the 105500 position, with a stop loss at 107000. Currently, I will move the stop loss to 107500 (ETH synchronized), take profit at 102000, risk-reward ratio 1:2. The short-term bearish liquidity above current BTC has been cleared. The reason for this order is that 1) it is near the liquidity accumulation area around 106000, and 2) there is daily and four-hour moving average resistance above, so there is no reason not to gamble; currently, short positions are safe within 500 points.
Second Order:
Placing two positions to go long near 102000, the take profit level is temporarily set at 104000 to take profit half, the remaining one will observe market trends, and I will publish updates in a timely manner.
3. If these two orders follow my reasoning, then when the market stops falling at any position above 100000 and runs up to the support of the bull market bottom, it will be the watershed for whether to challenge historical highs.
4. If today’s market does not pull back but directly pushes high, causing losses to my short positions, then we should look forward to it making a historical high; that will be the entry point for long-term short positions.
A few heartfelt words, when I write articles, I tend to clearly tell you the points and how to operate. The mundane official language and ambiguous views really irritated me when I was a newbie, but there is a downside to this, which is that it puts a lot of pressure on myself.
Teachers with ambiguous views will tell you that I reminded you yesterday and then pull out a screenshot of a 100x position, while I won’t delete posts or defend myself; I will only review why I was wrong. This is my style; I disdain to deceive others.
Thank you
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
101,254.66
-1.09%
ETH
2,237.7
-1.36%