#加密市场回调

The direction is out! How to enter the market?

Seeing this K-line yesterday, I don’t know if you still remember the previous video saying that this is a selling climax, which refers to a large Yin line or Yang line at the bottom or top of the oscillating market. We call it a buying|selling climax. This is not the absolute strength of one party, but the lack of participation of the other party.

At this time, the market is at a support level and has been tested several times. Before the breakthrough is confirmed, we will not bet on the breakthrough and trade normally according to our system. Make two plans:

First, long orders at the bottom of the oscillating market.

1. Rising callback trend (see trend),

2. Oscillating structure is formed (see structure),

3. Currently at the bottom of the oscillation (find position),

4. Waiting for the stagnation line and the upward break signal (wait for the signal).

5. A selling climax appears (strengthen confidence)

6. The stop loss is slightly below the previous low, and the first target of the take profit is the middle of the oscillation, and the second target is the top. (The profit and loss ratio is very good)

This is our logic for going long. Just wait for the signal. If it does not appear, wait for the next opportunity.

Second, break and reverse the short position.

1. The market breaks down and the structure is destroyed.

2. The upward correction becomes the end of the upward trend.

3. Support becomes resistance.

4. The market tests the resistance level, and stagnation and break signals appear to enter the market.

5. Stop loss at the high level of the previous dense area, and take profit at the starting point of the previous rapid market.

The logic of the short position is relatively complicated, and it will not come out for a while, just wait.

The above two plans are to enter and exit the market at the daily level, which is not suitable for intraday or ultra-short-term transactions. I just want to tell you how we should re-analyze and make a good strategy based on the trend. I will send another video to explain the small cycle.

Ether is different from Pie. It has a larger cycle of fluctuations. From the daily line, it is currently in the middle position and there is no good position. Then Ether needs to find opportunities to enter the market in a smaller cycle.

Judging from the hourly chart, Ethereum orders are very easy to make. I have focused on Ethereum in my previous videos. If you are interested, you can go and have a look.