Hello everyone, I am Brother Panda. I used this account to post because the previous one was updating the quantitative diary.
When I update articles, I won't use ambiguous language; I will directly tell you how the market is moving.
I will also share trading advice and entry points, with more sincerity and less tricks.
This chart is the daily chart of . It is currently in a downtrend channel. Last night in the group, I already sent out a short signal for Bitcoin at the weekly resistance level, and many people have made profits. Currently, chasing the short position is not very meaningful; wait until around 81151 to enter a long position, but make sure to set a stop loss of 0.7%. I won't manage if you use high leverage; I do not recommend high leverage.
This chart is the daily chart of that has broken the slope line, looking weak. Yesterday, a fan opened a 1000x leverage Ethereum position at some shady place without knowing it and got stuck, sending me a screenshot asking what to do. I told him clearly that Ethereum would go to around 1655, which was his only chance to exit. As a result, it reached there but didn't exit and went straight down. This morning, he told me he spent the whole night and lost all his capital. I advise everyone not to go to shady places; Binance is the industry leader, and funds are the most secure. Now, back to business, the important support level for Ethereum is around 1469. You can enter with a good 0.7% stop loss, as the upper side is suppressed by the slope line, so we are still bearish until it reaches around 1469. If you like it, just follow along.
