Before talking about the layout, let's first analyze the trend of Bitcoin. This weekly trend is not a big bull market, but a small bull market is not an exaggeration. After breaking through the box and oscillating in the early stage, it began to accelerate. It can also be seen from the slope that the top rarely appears in an accelerated market. Whether it is weekly, daily, or 4 hours, it is a bullish trend. Touching the top and shorting against the trend will only make the funds more worn out.
Can you still go long on Bitcoin at this point? Yes, you can, but it is normal to have a washout after a rally. You can either do short-term trading or wait for a pullback if you want to hold a long-term position.
Ordi, Lunc, and Bigtime were very popular in the early stage. These currencies are no longer suitable for most people to go long. If you have positions, just continue to hold them, and never go short.
Then we can arrange some currencies that have not broken through or have just started to break through, such as doge, pepe
, meme, flow, and the following are pictures.
If you think there is potential in a currency, please leave a comment and I will analyze it for you when I have time.
The above views are for reference only. Before you have a mature trading system, it is best to focus on learning with a light position.
Thank you for your attention, please like and forward.
I wish you all happy making money.
