Brothers, no matter how strong he is, the gentle breeze brushes the mountain ridge. In the days of turbulence and reallocation yesterday, with pressure and support, even short positions can benefit; this is also a form of following the trend.
Yesterday, two short positions were taken. The first wave was a short from 94300/1780 to 92700/1750, with a space of 1400/30 points. The second wave was a short from 95200/1810 to 93360/1742, with a space of 1700/60 points. Demonstrating that there was also a 5k opportunity, after 25 days it reached 70,000.
On the daily chart, there was a significant increase in volume yesterday, with the MACD green bars shrinking, and the KDJ forming a second golden cross upwards. The 4-hour MACD red bars are shrinking, getting closer to the 0 axis, and the KDJ continues to diverge towards the bullish direction. Although it can be said to be volatile, each pullback is not too strong; the lows are getting higher, and the highs are gradually moving up. When viewed on the hourly and 4-hour levels, it is particularly evident, with multiple confirmations around 92900 and 93600.
As mentioned in the teaching chain, the closer we get to the latter part of this week, the greater the volatility will be, more data will be released, and the pace will quicken. The first week of every month is the non-farm payroll data week, and the fluctuations are roughly like this. Therefore, we should follow the trend and pay attention to the breakout above.
Aggressive traders can
short from 95000-95500, watching 93500.
Conservative traders can
long from 94000-94500, watching 93500, aiming for 97500, with strong momentum aiming for 98500.
Ether can be traded according to the sideways strategy, with high shorts and low longs.
Short from 1810-1830, watching 1760. With strong momentum aiming for 1730.
Long from 1750-1770, watching 1810-1840.
