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
I was just about to post about going long this afternoon when Ethereum shot up immediately. Then, right after, I was about to post about going short and it dropped 100 points within 10 minutes. Is this market for humans? Are we sure it's not a crazy dog eating? $ETH
If everyone asks me if I can be empty, I can say with certainty that we still need to wait a bit. Wait for the signal on the right side; the left side is not very stable right now. I've said before that there will definitely be a day when we all complain about Ethereum, and it will definitely rise. It's not impossible for Ethereum to break through 2500 this time; after all, compared to Bitcoin, it has dropped too badly. The price of 2500 is just a trivial increase. Don't regret for things that have happened. Can't we benefit from the 83,000 we held until now? The problem is that no one can be completely right, and no one can predict the market's direction, especially in the short term. The risk is the greatest. The market rarely behaves like this with a one-sided trend without a pullback. After all, it's not like last year when the understanding king supported Bitcoin. If you don't have orders, just work hard, eat well, and live well. When the price reaches your psychological expectation, enter the market with good defense and take profit. That's enough talk, family. I'm going to invite the ancestors first. Wait for my update later, and let's keep going!
I exited with a stop loss at 101200. To be honest, I can't understand the current market. No matter how much I pull back to short, it's a dead end. I accept any criticism and suggestions because I don't always win. If I lose, I accept it. I definitely don't dare to chase the highs. I can only wait until tomorrow morning to see the situation before considering going long. I feel like the bears have no way out now because there hasn't been a decent pullback. They forcibly pushed up more than 20,000 points, close to 30,000 points. I really can't manage this kind of market, so I choose to manage my emotions and stay on the sidelines. The stop loss was good; my anxious heart has finally calmed down! 😩 $BTC
The dog stock has been a bit strange lately. Yesterday, the Fed's news couldn't bring it down, and I felt that 98000 must be broken. According to plan, we entered short positions. What do you think? Are we scared this time, folks? If not, join me and short it together! $BTC
Good evening, everyone! I am your Chen Changsheng. First of all, I am not sure if this is just hype or if the market really is going to reach 100,000. With the announcement of negotiations between our country and Beautiful Country, Bitcoin has fallen for three consecutive days, only to be pulled up by a long bullish candle this morning on the 4-hour chart. Three days of decline have not been compensated for by a single 4-hour candle. Just when it seemed to break down, it was forcefully pulled back up. After a pullback, it couldn't even go below 96,000. Today, it seems that 98,000 is very likely to be touched. Our short position at 97,200, although it didn't yield significant profits, at least resulted in a small gain before exiting. On the chart, 93,000 has become a short-term support level. The Fibonacci retracement is currently undergoing a second test, which is to see if it can hold above 96,800. Once it holds, the next target after breaking the previous high of 97,800 will be the significant 100,000 level, which faces strong selling pressure. So far, the market is still fluctuating within a range, so there isn't much to elaborate on. A strong bullish candle shows confidence in upward movement, indicating that the bulls currently outweigh the bears. On the 4-hour and weekly charts, there are potential KDJ retracement signal risks. Retail investors are not picking up the positions, and the big players will not easily crash the market. Therefore, avoid the previous high and lay low for short positions around 99,300 to 99,800. The target remains at 92,000 to 88,000. This trade is considered a medium-term position. The first trade after the holiday. Let's go, everyone! Up DJ! $BTC
It has dropped for three days and was about to break through, but one 4-hour candle pulled it back up. Quite annoying. Let me wait for a point to continue shorting! The bears will never give up! $BTC
I said what the Eastern Factory can't provide, the Western Factory will provide! 97200, tell the family it's empty, right? 3000 points, equals free money, right? Playing during the holiday while making money, isn't that great?! Still the same saying, get to 92, if it doesn't reach 92, then don't sell! $BTC
I said below 100,000 this position has the best cost performance Even if it goes up sharply, it can still average out and run away. The big pie hasn't dropped because retail investors don't want to take over. There are still more bears than bulls. Wait for another shake, when the bulls come up, it will naturally drop! $BTC
Now I will tell you the strategies that the Eastern Factory cannot provide, we in the Western Factory can offer. The points that the Eastern Factory dares not take, we dare to take. In one sentence! What the Eastern Factory cannot provide, we will provide. What the Eastern Factory can provide may not necessarily be right! Pre-market recommendations, refuse to play after the fact, no charge at all, this is the Western Factory! 😎 $SOL
So why retreat, family? Air Force One is already on! This position below 100,000 is the most suitable for short selling. Can't retreat on the bag! Pick it up, pick it up! Get it down to 92! $BTC
Everyone should go out and have fun during the May Day holiday, and just relax if you need to. We'll fight again after the holiday. Currently, there are no indicators to reference at all. Wishing everyone a happy May Day holiday! If there are no market movements during this time, I'll update again after the holiday! 😜
Good evening everyone. After experiencing two days of fluctuations over the weekend, the daily low for Big Pie at 92700 has started a gradual rise. The 1-hour chart shows a consecutive 10 green candles. The previous high of 95700 is likely to be broken again. The following are two scenarios: the first is a direct rise breaking through 95700, reaching around 97000, and then retracing without breaking below 95000, indicating that the market is still somewhat bullish. The second scenario is to go up step by step and come down in an elevator, quickly pulling up to lure in buyers and then dropping to around 92000. You can refer to the KDJ indicator, which is something I often use. The more stable formations are the W bottom and M top. The M top formation has already appeared on the daily chart for Big Pie, and the weekly chart has made a straight rise and breakthrough. Whenever there is resistance, there is a major pullback. We don’t look at 70,000 or 60,000; that’s pure nonsense. On the short-term level, as long as the retracement doesn’t break 88, the upward structure remains intact. The Nasdaq composite index has experienced a rebound over four days, and 17700 is still a resistance position. The market cannot move in one direction because there are no major positive or negative news events. For Big Pie, it is recommended to short in the range of 95800-96400, targeting 92000, with a dream pattern position of 88000. It’s Monday, and a new week has begun. Let’s adjust the sound system. If we win, we’ll go up to DJ! $BTC
I'm not asking you to be idle right now, don't misunderstand my meaning. I'm looking for a position, so don't rush. Monday's market is the hardest to navigate. A lot of orders accumulate over the weekend, making it easy for both longs and shorts to get wiped out. Wait for my message!
Good evening everyone. After SOL broke through the previous high of 152, it encountered resistance and pulled back. After breaking through again, the only resistance level is 180. I must say, if it can break through and reach 180, it would be quite a significant gain. Structurally speaking, SOL needs to continue the main upward wave, the third wave. The only reference point is a pullback around 143. As long as it doesn't break below 140, we can aim higher. However, if it breaks below, I am more bearish, which means this rebound is basically at its end. There's not much to say about Bitcoin. You can check the post I made yesterday. The 4-hour Bollinger Bands are pulling back to the middle band at 143; if it doesn't break, the probability of a bullish outcome is higher. Furthermore, the KDJ indicator shows clear support for a rebound. Therefore, we need to enter our long position around 140.6-143.6. You can set your own target because once it breaks above, the next target is 180. Taking a profit of over 10 points would be quite satisfying. So for this trade, we don't need a large stop loss; if it breaks below, we can exit quickly! $SOL
Good afternoon everyone, I am Chen Changsheng. Yesterday, the overall market rally was hindered and pulled back. Many family members might be wondering, after a sharp rise, must there be a sharp drop? Is this wave a high to offload and keep people in? But I don't think so. In the absence of major positive news, a sharp rise in Bitcoin by ten thousand points will first wash out the shorts and then the longs. The NASDAQ also touched a short resistance level and began to pull back without breaking through directly. In the market, I believe if Bitcoin falls below 90,000, we can only look to go long around 88,000, as 88,000 is the bottom of a head and shoulders pattern, which is a very clear trend line. If it retraces without breaking 88,000, then this wave of increase has not yet ended. The same goes for Ethereum. The market needs to pull back to the top of the consolidation area to confirm that this rise continues to hold, which is around 1680. The KDJ indicator for Ethereum has completed the M top, and next we will see if it can form a W bottom. Therefore, we can choose to enter a primary position at 1680 and add a position at 1630, with a stop-loss just below the breakout point. Ethereum is relatively easy to develop an independent trend. One day, if Bitcoin and SOL both drop, this old coin may just fly up. Don't say it's impossible; it has happened before. Everyone dared to hold on at 4000 for Ethereum, isn't 1600 still a good price-performance ratio? Hahaha, as long as this wave goes down and can stabilize without breaking our stop-loss line, if we follow my thinking, I think I can reach 2100. You can judge for yourselves! SOL has increased tenfold, why can't Ethereum also provide me with a tenfold return?! 🤔$ETH