Greed, fear, hesitation, luck, overconfidence, and other common human weaknesses among investors must never be underestimated. Investors should never overestimate their abilities; almost every mistake is caused by their weaknesses. In a sense, the number of human weaknesses determines the level of profit and loss.
Hello everyone, I am Trader Gege. Continuing from last time, the recent market fluctuations are as I mentioned; for short-term trading, do not expect news, especially from Chuanzi, who changes his words frequently. Listening to him will not work for short-term plays. Recently, the internal team has been making long positions, and we have made several short-term buys during this rebound, achieving certain results. Trading doesn't have to be complicated; keep it simple and use methods that suit you to handle familiar markets.
As mentioned earlier, the big coin's 4H level W pattern has perfectly emerged; Auntie also mentioned that as long as it breaks through the 1500 line, it will continue. Internally, we firmly see long positions above 1500 towards 1660, and the market has perfectly verified this. It can't be shown here, but you can check other positions. Today is Monday, as usual, let's first talk about the technical aspects of the big coin.
The big coin's weekly level currently also aligns with previous predictions. Today, it closes above the MA7, so this week's focus is on whether it can stabilize above that, corresponding to the opening price. If it stabilizes, as long as it breaks the previous K or MA30 this week, it will touch the middle track; otherwise, it will continue to operate around the large box and retest the opening price of the previous K or even near the BOLL lower track. This is the current thinking for the weekly level; the overall direction has not changed, and several key positions mentioned before have not been broken, so we continue to maintain our views on the overall direction. The daily level K line is above the middle track, but the resistance near MA60 above is also near previous highs, which is a hurdle for short-term bulls and needs to be closely monitored. Below are the previous K low points and the middle track, corresponding to the price range of 83000-82500. If the pullback does not effectively break this area, we continue to look for rebounds above it. If it can break through MA60 above, the next critical resistance zone is around 88000-89000. In the short term, follow the trend and buy on pullbacks; as long as the pullback does not effectively break the aforementioned support, it can be entered. If it breaks, then abandon it, do not participate, or stop-loss and retreat.
Auntie's weekly level has closed, focusing on the MA7 vicinity. Whether it stabilizes after breaking through is related to whether the bulls can continue, and it can also be seen as a short-term major boundary. The daily level K line has stood above the MA7 that has been suppressing the market; next, pay attention to the middle track and around MA30 above, and below, see if the support of MA7 can continue to lift. Currently, the 4H level is testing the resistance that has failed to break through multiple times; if it can break through and stabilize in the short term, we can optimistically look towards EMA200. If it is blocked again during this test, as long as it does not break the support line of 1600-1550, we will continue to look for upward breakthroughs, provided that the short-term support is not effectively broken. The short-term idea is to mainly buy on pullbacks. The short-term strategy for the big coin Auntie has been clarified, so rely on that to execute and ensure appropriate risk control. If the support is broken, do not linger in battle; redeploy the plan, as the recent market has had frequent roller-coaster fluctuations, and it is essential to observe carefully and wait for market confirmation before taking action.
Big Coin Short-Term: Buy at around 83500-82800
Auntie Short-Term: Buy at around 1600-1570
PS: Try to activate the strategy only once.
Suggestions are for reference only; ensure risk control when entering the market, and manage profit and stop-loss space yourself. Specific strategies should be consulted during trading.
Alright, friends, we have to say goodbye until next time. I wish everyone improved performance and smooth sailing in the cryptocurrency world! More real-time suggestions will be sent internally. This concludes today's brief update. For more real-time suggestions about the big coin, please find Gege.
Text / I am Trader Gege, a friend willing to accompany you to rise again #MichaelSaylor暗示增持BTC $BTC $ETH
