BTC Tomorrow's Trading Strategy

This morning, the closing price of Bitcoin is close to breaking through the long-term trend, and it has now broken through. Pay attention to the closing situation tomorrow morning. At the same time, the four-hour line has formed a divergence, and the level is still relatively large. The six-hour line is also about to show divergence. Currently, it has broken through both the short-term and long-term trends. The mission of the bottom structure has been completed. Since there is divergence, the focus will now be on the speed. If the upward speed is fast, it will eliminate all divergences while moving away from the trend. If the upward speed is slow and forms a structure due to proximity to the trend, then it will be necessary to reduce positions. For now, there is no need to worry. Our bottom structure is fully loaded, and we are currently just holding assets and waiting.

Xu Xiaoming's Five Major Principles for Creating Your Own Trading System - The Principle of Planning:

As the ancients said, “If a person has no long-term worries, there will be immediate concerns.” One important principle of creating your own trading system is to have a plan before taking action, providing as detailed a corresponding strategy as possible for what may happen in the future. The only constant in the market is change. To respond to change, the best strategy is to adhere to a predetermined plan and remain unchanged in the face of all changes.

For example, you should plan where to take profits or under what conditions, how long you plan to hold, or how much loss you can tolerate—whether to set a moving stop-loss according to a certain standard.