Moving averages can only indicate trends and should not be used as the basis for opening positions during fluctuations.

$BTC

BTC
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Some people ask why the position is so accurate
Actually, you can do it too
Two principles are very simple

First, we need to understand the composition structure of the market
Price fluctuates randomly
Price operates around the direction of least resistance, which is normal

1️⃣ Components of market price
【Consolidation, Expansion, Convergence, Direction Selection, Unilateral Downtrend, Unilateral Uptrend, Extreme Unilateral】

2️⃣ Stages of fluctuation
Fluctuation is to choose a direction; Expansion is for Convergence; Convergence is for Extreme Unilateral

In the past, I used moving averages to make judgments
But from validating 1000 times of backtesting candlesticks last year
Compared to judgment, it's more accurate for market analysis
Last year's box theory lasted about 200 days
In this range, I promised to provide positions for profit-taking
And opening trades with my followers; you ask me if I failed?
Very rarely failed
But correct analysis does not mean profit
If that were the case, the analysts should be the ones making the most money

BTC
Currently it is a small box
Upper target around 120,000
Lower around 115
In the middle, do nothing

Don't wait until the last minute to seek help
Prepare your plan in advance
Don't just copy others' answers when you see them submitting their work