8.18 Afternoon Pancake Trading Strategy
The road to success is not crowded, because there are not many who can persist until the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of persistence brings you one step closer to your dreams.
114923 has become the short-term bull-bear dividing line. After a pullback to around 114923, the price quickly stopped falling and stabilized, showing a significant increase in buying strength at low levels. This position resonates with the previous concentrated trading area, indicating that bulls have a strong defensive willingness at this price level. During the stop-loss process, the trading volume moderately increased, but there was no panic selling, suggesting that the bearish power has gradually weakened, and bulls are beginning to dominate the short-term rhythm. Four-hour level trend: The adjustment structure is healthy, the rebound conditions are mature, and the price has entered an adjustment from the high point of 124545, forming a standard three-phase pullback (upward - pullback - stabilization), which conforms to the normal correction characteristics in the continuation of the trend.
Daytime Trading Suggestions
Buy near 115000, target around 116500
Add to the position when seeing 114000, stop loss at 113500#BTC