Basic teaching for beginners and selected content summary---continuously updated
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I believe the price is very likely to break the previous high of 155.3, and the upper band of the Bollinger Bands will continue to rise. So if you ask me whether I would recommend going short now, I definitely would not. At least currently, the opportunity is not suitable for me.
I will consider the entry point in the range of 156-157. If I get in, theoretically, I can reap benefits tomorrow. Why choose this position?
Because it is stable. This range just happens to hit the upper band of the ascending channel, and at that time the RSI and price are diverging, plus there will be an oversold condition. I only think such opportunities are suitable for me. Of course, if you want to enter at 155 now, I won't stop you!
Pay attention to the position below 1068 on the 4-hour BTC chart
The MA120 indicator has resistance, the Bollinger Bands have just reached the upper band, and the RSI shows oversold conditions, let's take a short position 🤪
This is the latest follow-up project status of the investment research assistant. A 30% profit in just one week is already impressive, and he achieved three times the profit in one month. You can check his trading statements for real trades.
If you think it’s still good, you can go follow him. After breaking a thousand fans, we will arrange for him to give live trading advice to everyone @Biteo交易猫
This guy is pretty impressive, to be honest. I gave him the location, and he just went straight in. I have to commend his execution capability. Looking at this data, it can indeed double in a month, with the maximum drawdown controlled within 10, which is quite promising.
His followers for copying trades are also about to double. The real account is public, and there’s no fabrication or deceit; I can vouch for that. Everyone, please help by giving a follow. Once we break a thousand followers, I will arrange for my assistant to do a live broadcast to call out points 🤪
I am also wondering whether to continue holding this ETH position. The situation last night was quite extreme. You are only seeing the profits I made; the result of entering at 2430 yesterday is that this downward trend is still continuing, completely beyond my expectations.
However, fortunately, after breaking below 243, it bounced back again. This position can already be considered a support point, which is the position of the four-hour MA200 moving average. The reason for the breakdown last night could be to fake a dip to attract retail investors to chase the drop. Sure enough, during the day, I saw many people in the square basically got trapped below 243. 🤪
Fought all night last night, just woke up, my position is still there, don't worry if you have operated according to my thinking, the average price should be similar to mine. This is my latest average price, the rest is waiting patiently and leaving it to time.
It seems to be just about half a month, the assistant of @Biteo交易猫 has only made 2200 dollars and is now almost doubled, just notified him that he has already made more sol, and once this order is completed, it will reach 100%.
Actually, it's about how strong you are, not what you say yourself, but what others say. Losing money in trading is very normal; I also had a loss once this year, and two losses last year, but in the end, I basically recouped everything.
I haven't looked at the market for several days. Today, I opened my phone and saw that SOL has dropped again. For me, it's another opportunity. Don't be fooled by the current aggressive stance of the bears; in reality, it's just another test.
It's been almost a week since the last time I helped my friends buy SOL at 153 and sell at 158. The previous market peaked at 161, and today is just a second test. The best positions to buy are around 145-148, and the ma99 indicator is definitely the lowest point for this uptrend.
Currently, the lower band of the Bollinger Bands on the daily chart has been broken, and the rsi6 indicator is already oversold. The support from the moving averages around 145 is holding. With SOL's price at 148-149, we can focus on the lowest position around 145 and move upward. When the opportunity arises, let's seize it. I've already entered a small position at 150.
btc112 reached 104, this wave sol153 reached 161, eth I didn't hold so I'm not showing you, all are leveraged 20 times and fully eaten, now only pursuing stability, find a good opportunity to enter, if not, just wait.
Today's sol153 indicates a long position, currently close to 156. The Dragon Boat Festival has also been enjoyable, wishing everyone a happy holiday.
Here, Fan Ge is also sending a red envelope to bless everyone, thanking you all for your companionship and support along the way! Let's keep up the good work in June! 🧧