All principles of trading must be adhered to and cannot be exceeded, such as position management and stop-loss in risk control. The rest is a matter of methods, and methods vary from person to person. There are no two completely identical leaves in the world, and similarly, there are no two people with completely identical trading methods. Different personalities, interests, and characters will lead to a diversity of methods.
Hello everyone, I am trader Ge Ge. Continuing from the last article, the article has not been updated for a few days because the market has been oscillating in the range mentioned before. Big coin has repeatedly provided the support rebound mentioned above, and today's rise has broken the range maintained for 9 days. The buy on the 83500 line mentioned above should have yielded good results.
Today is Monday, the old rule, let's first talk about the weekly line. The weekly line has continuously risen above MA7 and is currently testing MA30, which is also the resistance of the previous high point 88000-89000. Therefore, this week, the key is to pay attention to the breakthrough of this boundary. If it can break through in one go, it will test the middle track nearby. Conversely, we need to pay attention to the support situation near MA7. This is the point to focus on this week. The overall trend structure still maintains the previous view. Patiently waiting for adjustments will lead to a big single direction.
The daily level K-line stands above MA60, which is the first time since it broke below in February. The short-term focus is whether it can stabilize above. The 4H level continues to rise and is testing the previous high. As long as it completes the breakthrough and stabilizes, there is a high probability that it will touch the 90,000 range tonight or tomorrow. Although it is strong, I personally do not like to chase, so as long as it does not break below the 86000 line during short-term pullbacks, it can be entered above that line. Recently, the market has consistently risen strongly followed by pullbacks, so it is better to be cautious and prefer to miss out rather than make mistakes.
Auntie's trend is still weaker than big coin, the rebound strength is not enough. This is also the norm of this round of bull market, accustomed to it, so lower the psychological expectation of counterforce a bit. The overall trend will definitely follow big coin, weekly level pay attention to MA7 nearby, see if it can break and stabilize. Daily level is currently testing the BOLL middle track; if it can break and stabilize, touching MA30 should not be a big problem. The lower support continues to pay attention to MA7 nearby, which is also the lower edge of the previous small box. The short-term points that need attention are near the previous high on the 4H level. Big coin has broken the previous high, but it has not tested yet. It is weak, but it also gives a certain hope for a rebound.
Big coin short line: 87000-86500 buy more.
Auntie's short line: 1600-1580 buy more.
PS: Try to use the strategy activation only once.
Suggestions are for reference only. Manage your risk when entering the market, control your profit and stop-loss space on your own, and specific strategies can be consulted on-site.
Alright, friends, we will say goodbye until next time. I wish everyone to do better and better, and may your journey in the crypto world be smooth sailing! More real-time advice will be sent internally. Today's brief update ends here.
Article by: I am trader Ge Ge, a friend willing to accompany you to rise again.
