陈长生

Summary of strategy gains and losses last week (10.7-10.13)

Family members, come and see if there are any orders you have followed 🙌
In general, two sentences: follow the trend less and watch more, open orders without rushing and take orders without fear! $BTC $ETH $SOL

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BTC｜ SOL Intraday Strategy Sharing (6.24)

Good evening everyone. Due to the overwhelming market news, the significance of analyzing K-line charts has diminished, so I won't ramble on. Let's get straight to the point. The current rebound of Bitcoin is 7,000 points. I don’t know if this is the peak of the rebound, but I know that if it rebounds to around 109,000-110,000, it’s a good opportunity to short, and it’s a long-term short. In the short term, the resistance levels above Bitcoin are 106,500 and 108,800. The downward trend has not been broken, and the daily M-head pattern is quite evident. I still maintain a bearish outlook and recommend shorting around 106,500-107,200, with a target below 102,000!

As for SOL, I don’t have much to say because the overall chart is in a middle position, which is quite awkward. The current environment is very sluggish, and there’s uncertainty on how to proceed and which direction to choose. Any piece of news can lead to sharp rises or drops. The ideal entry point for longing in this round of SOL pullback is 125, with a minimum of 126, which I also missed. However, I believe there will be a second test, and there is significant resistance between 150-160. From May 31st until now, it’s almost been a month. The breakout above 160 was only fleeting, and the pullback at the top of the oscillation zone was not stable. So, I suggest taking it step by step. Currently, the bearish side has a greater chance of winning. I recommend shorting near 150.8-152.6, with a target of below 130. At that time, we can consider contracts for the second test or also buy spot. That’s all for now; let’s see how things unfold tonight! $BTC $SOL

The cryptocurrency market is too volatile. Is it a bait or a crash?

Good afternoon, everyone. I am your Chen Mengsheng. It's been a while since I shared my views, and I really miss you all. So I decided that if today's strategy makes money, I'll immediately send a package to everyone. Hahaha. Alright, that's enough for now. Let's get back to the topic and discuss my views on the current market!

First, let's talk about Ethereum. I remember when Ethereum broke 2800, someone in the square said that once it broke 2800, it would definitely go to 3300. The face-slapping came really fast. Last time I shorted Ethereum, I made a big profit of 350 points. The market is taking it step by step. It’s not that once it breaks, it has to touch the resistance level, and if it breaks down, it has to look for the support level. It just roughly goes that way, just like the second test and the wave. There’s no certainty. The current market is looking at the news. The candlestick chart is quite weak, and chasing after a breakout or breakdown is very likely to backfire. Therefore, trading after a breakout or breakdown essentially doesn’t work. It’s necessary to gamble at key positions. From the weekly chart of Ethereum, there are 7 consecutive spikes testing the top, and the closing prices are basically consistent. Therefore, the resistance level at 2800 is still a significant selling pressure. Looking at the daily chart, it has broken the support at 2300, but those who chased the short yesterday also faced a bloodbath. This wave of rise is very pure, just back and forth washing; both bulls and bears will suffer. So don’t get too high on the chasing-up sentiment. After breaking the support level at 2300, it directly rebounded to around 2110 and then pulled back to the 2300-2480 range. The current position is in the ice line testing phase. If Ethereum is determined to rise, it must break through 2570 and retest not breaking 2480 to confirm an upward trend. So if you're looking to go long now, you can judge for yourselves; there’s no high cost-performance ratio for shorting at all!

After saying so much, let’s talk about entry points. Due to the large fluctuations in the market, I recommend entering with the first position near 2470-2490. Entering short with the first position and adding to the position around 2570. I’ll leave the stop loss to you. The target is to reach below the support level of 2300. Compared to continuing to rebound, I’m more optimistic about going for a second test. I won’t say much more, everyone, please place your orders and ask for guidance! $ETH

Afternoon update for everyone!

Did you miss me? I looked at last night's market, and it was simply a harvest of retail investors. It was so brutal. After resting for more than a week, I will start sharing market insights this afternoon. I hope this post can get 100 likes and 50 comments, is that too much to ask? What about that J? 🤔

Due to the large fluctuations in the market, I want to say a few words to the family!

Good evening, family. I was actually not done with my work yet, but seeing the large market fluctuations, some family members are asking me about the bottom buying points. My Bitcoin short position has made a profit of ten thousand points, and SOL is also about to increase tenfold. I'm preparing to take profits and set up new orders. This afternoon, I also mentioned that we cannot buy the dip around SOL 130 because the buying signal has not appeared yet. It could either stagnate and move sideways or experience a big V-shaped recovery. If Bitcoin breaks below the 100,000 mark with low volume, it will continue to drop, so there's no need to rush. There definitely won't be a decent rebound now. I also don't have time to sit down and watch the market closely. Be patient; it's better to miss out than to make a wrong move, family! $BTC

Good afternoon, family!

The home matters have been taken care of, and I should return to normal updates around Tuesday. The SOL order that I entered at 155 has already made about 20 points of profit. I entered relatively early and have already reduced my position to break even. For further points, you can wait for my new strategy. I haven't really looked at the market this week, so I'll just say this much for now. I'll talk more when I get back! Love you all 😘 $SOL

Informing a matter to family:

Due to the passing of a family member, I will be taking a few days off. I hope everyone understands!

Some family members asked why I didn't post the strategy for Ethereum and Bitcoin today?

I have already exited my position in SOL at the cost price. The short position in Bitcoin has been partially closed for profit and adjusted to break-even, aiming to see below 102000. I also closed my Ethereum position after a gain of 350 points. Now I feel much lighter, hahaha. Moreover, the weekend is about to start, and it will be a bit volatile. So everyone can refer to the SOL strategy I posted today for their trades. I will post about Bitcoin and the second Bitcoin next week. Also, I have some things to take care of this weekend. After this pleasant week, we will fight again next week. Wishing everyone a happy weekend in advance! Love you all 😘! $BTC

Deep correction in the crypto circle, waiting for the bottom signal!

Good evening, everyone. This order talks about SOL. Yesterday, SOL broke the 150 oscillation zone and dropped to 140, where it stayed and showed a weak rebound. This is not an opportunity to enter and buy the dip, as the bears have not finished their volume. We need to be clear about the conditions under which we buy the dip. There are two situations: the first is when the big player (Da V) shows a strong rebound, indicating that the bulls below are starting to attack. At this time, the general limit orders cannot be fulfilled, and we need to take market orders to chase. The second situation is the second test. If the price does not break during the second pullback and shows signs of a final shakeout, this is a good time to go long, as the winning potential is also very high. However, the current market has not shown any of these situations, so I believe that even if there is a rebound, we should not easily buy the dip and go long now. Yesterday, at the price of 159 for SOL, I said to go long at 147-150, and everyone thought it was impossible to go that low, then it hit the lowest point of 140. The market changes rapidly, and no one can predict market trends. You should consider which price point has a higher winning potential; once it reaches that point, just gamble on it!

Today, I expect continued decline, at most a slight bounce, and then continue to drop. The KDJ indicator on the chart has already broken the DJ line. The bulls are clearly weak. The last spike near 140 saw a violent rebound in 4 hours, but this time the rebound was very slight and quickly retraced, making it difficult to attack. The Bollinger Bands have opened up, and the price is at the lower band, without even touching the middle band. So, what’s there to talk about when buying the dip? Anyway, I’m the type of person who would rather miss out than take risks. If there’s a rebound to 152-155, I’ll short directly with the target set below 135. At the same time, I’ll place an order to go long near 130-132.6 with a target around 143. Over two days, I’ve made more than ten times my investment. Placing a DJ is not too much, right, everyone!

From public strategy to perfect profit!

Ethereum 355 points profit, Bitcoin nearly 6000 points profit!

You can always trust Chen Changsheng ✌

What's going on?!

I stayed up until four o'clock yesterday. Why do I feel a bit confused when I wake up?!

That's it for today, family!

If there's anything you don't understand, go check out the strategy I posted during the day. It includes the take-profit points and overall strategy. I've made the team strategy public. If you still can't keep up, then I'll just have to keep working hard! Hahaha! $BTC

First of all, thank you to this fan for the red envelope!

Additionally, I want to say that everyone often coming to see me, just liking or commenting when there's nothing else is the greatest support for me. I will do my best to help everyone make money. If one day I become really bad, I hope everyone will go easy on me, haha! 🤫

SOL Daily View Sharing (6.12)

Good afternoon, old friends. I am Chen Changsheng. A few days ago when SOL was still at 150, I mentioned that it needed to catch up. Then it rose to around 169 and started to pull back. We missed it by two points, so we can remove the long position around 154. It's a pity it didn't rise to 175, otherwise, we could have shorted with confidence. I'm always worried it will continue to catch up. Who knew Ethereum would make a solo catch-up yesterday while SOL and Bitcoin remained completely still? From the market perspective, SOL's breakout above 170 failed and it directly pulled back to the next oscillation range!

There is a small support near 156, but considering Bitcoin has basically not rebounded, we shouldn't let SOL drop again on another decline. The idea of going long at 156 can be dismissed. The area around 150 is the critical point for both the last rebound and this rebound, so going long at 150 has a higher chance of success. We cannot rule out that the extreme pin position should be around 147. As long as it doesn't break below 140, the bullish structure will not be destroyed. Therefore, this time our entry point for going long is around 147-150, with a target of 158-162! $SOL

ETH ｜ BTC Intraday Strategy Sharing (6.12)

Good afternoon everyone. Yesterday, both Ethereum and Bitcoin trades, whether executed at market price with me or through limit orders, have seen Ethereum limit orders basically entered at the right moment, currently yielding around 80-100 points of profit. Bitcoin has captured a profit of 2000 points. I have not taken profit yet and continue to hold. The first take profit level for Ethereum is around 2660, with a pattern position around 2480. This is a dream pattern position. I suggest that when reaching the first take profit, it's best to secure your capital first and then take some profit. Ethereum's recent surge failed; it only touched the top of the fluctuation zone briefly before quickly retreating. The selling pressure at 2900 is still quite strong. 2660 is a position at the bottom of the fluctuation zone, and it is not advisable to enter long here. If this wash is thorough, the entry long position around 2400 has a high probability of success. The overall structure of Ethereum is definitely an upward trend. Whether the daily KDJ indicator can hold or form an M-top, which is a double top, is unknown. Moreover, the daily Bollinger Bands are in an opening formation, and the bulls are still quite aggressive. If it can hold at the middle band, then after this pullback, it might really reach around 3000. So we need to first see if it can hold at 2660. We already have short positions, so there’s no rush to enter long. If it cannot hold, we will continue to hold. If it does hold, I will remind everyone to take profit and then enter long again!

Bitcoin's recent 4-hour three-pin top test touched the bottom of the channel and then pulled back. I was watching yesterday and felt it was weak and poised to drop. I didn't expect Ethereum to rally itself, but fortunately, it was brought down by Bitcoin. The concern is if Bitcoin consolidates at a high level, then the funds will shift to Ethereum. Bitcoin, whether from the 4-hour or daily chart, is showing a double top pattern. In this wave, we can take profit below 106000. The ideal entry long position is around 104000. I don't know if this wave can hold because the Bollinger Bands are showing a flat opening formation, and the distribution phase is basically established. Whether it can drop to 9 is another story. We will take it step by step. The ideal entry is 104000 to catch the rebound, and then we will make the next choice based on the situation! $BTC

Is the ancestral master awesome, family?

The Grandmaster has made a move!!

Thanks to the Grandmaster for the meal, hahahaha! $BTC

Master, save me! 🆘

I acted impulsively again!

I had planned to wait for the limit order to enter, but looking at the 4-hour chart, I lost my patience and acted impulsively again. You guys can consider this, family. You can wait for the limit order to enter or enter at market price. Damn it, I shorted you a few! I'm going to ask the ancestor for help! $BTC