I missed the SOL orders at 164-166, I missed out, and it has caused me quite a bit of trouble. Here, I suggest you check out the Ever Profitable Master more. I am not the Ever Profitable Master; I told everyone to place orders to go long, not to short. If I'm wrong, feel free to criticize me. If I missed out, I should also be criticized. So what should I do? Just win? I don't have that capability and I won't play that Tai Chi game.
Welcome to Chen Changsheng's Nonsense Xia Kuaihuazhu Column Group. This class is exclusively sponsored by Chen Changsheng's love for nonsense! 😂
Many people are wondering if SOL will rise again? You ask me about long-term or short-term. How long is long-term? 3 years or 5 years? I can only say that in the short term, a pullback is inevitable. Give up the fantasy of SOL catching up. It has not caught up twice. BNB has broken new highs, and ETH stands out alone. If they wanted to pull SOL, they would have done it early. It can't even stabilize at 200; what higher are we looking for? Weekly trading volume is reducing, and now it can't even touch the middle line. ETH has surged so much but hasn't lifted it. Give up the fantasy, Ah Zu. The outside is full of market manipulators! Once the KDJ indicator goes down, it will be over. In the short term, I see a pullback to around 166. I dare to say this with absolute confidence in SOL. Even 157 is not impossible. A second test before pulling up is also not a problem. Didn't the chart I drew last time move like this? Trust me, there's no need for more words. Just place a buy order between 164-166. Target: 180 is not a problem, right? The pattern is up to you! $SOL
Good afternoon, family. I am Chen Changsheng. Ethereum's 1-hour chart is experiencing box-style fluctuations, and last night it even performed like a roller coaster, quickly retracing to 4186 and then bouncing back near 4300. Everyone might be curious if we can short. I want to say yes, but the risk is a bit high because the daily line closed down with bullish momentum. If it doesn’t turn bullish today, I might even have to chase the shorts at market price. However, the morning session closed with a pullback. The market makers are maintaining high-level fluctuations, not allowing much room for a retracement. This means that this round of rally likely hasn't peaked yet. Whether it’s 4500, 4800, or even higher, we’ll let time verify it. The daily chart shows a demand for a retracement, but the weekly chart still doesn’t have a signal for trend reversal. We still need to complete this week!
The short-term 1-hour chart's M-top and W-bottom are already very clear. The three-push structure suggests that this short-term rally hasn't ended yet; it should continue to break through 4400. Even though the liquidation map is filled with bulls, they are still large institutions that retail investors can't compete with. If it rises that high without a drop, it definitely means the chips are insufficient. The probability of breaking through 4400 is very high, with the limit likely around 4460-4480. The chart shows a high probability of retracing to 4000, testing the top of the fluctuation zone, probably around 4080. However, I definitely won't long here. 4000 may not be the top, but it's certainly not a good position to long. I recommend placing limit orders to short Ethereum around 4420-4460, aiming for below 4100, with a stop-loss of just over 100 points. Be bold and short! If you don't short today, your pocket will be empty tomorrow! $ETH
Let's talk about the current market conditions, everyone!
Let's discuss it together because everyone knows I am not very aggressive in trading and I don't dare to take big risks. I know that once I post something, it's not just me; many fans and family members behind me will trade alongside me and choose to trust me unconditionally. So I feel a lot of pressure and rarely call trades casually. I also want to win, but my capabilities do not allow it. After all, I'm not a master of endless profits, so I have been consistently urging everyone to set stop losses, avoid holding positions, and arrange their positions reasonably. Only by doing this can we protect our capital and profit in the long run!
Returning to the topic, there is still a strong sense of pressure in the current market. I don't recommend chasing long positions or shorting. I can only say to shift our focus to altcoins that are not showing obvious recovery and are relatively weak; there is still potential there. Ethereum's daily chart shows a surge but stagnation; we shouldn't try to guess the top as there are not many good references on the left side anymore, unless there are signals on the right side indicating a rebound after a drop that does not break the previous high. Only then should we consider entering short positions. The same goes for Bitcoin, which has dropped for several days; if it pulls up and stays above 120,000, then we only have a reference point at 123,300. We need to pay attention to the closing candles. If Bitcoin does not break the previous high and the closing volume shrinks and retraces, then this high point might be reached only here. This needs time to verify. Of course, if it breaks through, then 130,000 is also possible, so the first thing we need to observe is the closing situation. Currently, we can only wait and see; I do not recommend chasing long positions. Don't forget last year's Bitcoin intraday drop of ten thousand points. This round of SOL's recovery has been rather poor; this is already the second time it has shown slow recovery. If it doesn't recover again, it may retest around 165 to form a double bottom for a second test. The recent increase is not very ideal, basically just a few points bouncing back and forth during the day. The MACD indicator shows a reduction in trading volume, but we cannot short it because the bulls have not yet expanded. The MA lines are aligned, and the bulls are strong. Now going long faces the challenge of limited profits, while going short faces the risk of slow recovery leading to stop-loss exits!
Having said so much, everyone can discuss it. I believe that the current market trend does not provide a basis for trading. Shifting focus to altcoins while the main market retraces could lead to a disastrous situation for altcoins, facing the risk of not recovering and continuing to drop! $BTC $ETH $SOL
Finally understood why my win rate is not as high as others 🤔
Recently, after two short trades, I stopped out and realized that many people in the square are winning. Am I the only one being punished by the market makers? I took a look and understood that it's because I can't draw charts, can't provide a very large spread interval for everyone, or even multiple support and resistance levels for everyone to choose from. I definitely can't play the game of Taiji, doing this... and that... and finally this... The main thing is that I don't have such thick skin; whether it goes up or down, it's all right. It seems I still haven't figured it out, and I need to taste it carefully! 🤫
The 4100 has been broken, there may be a small pullback before continuing to rise. There are no reference indicators on the left side anymore. The big resistance at 4800 is waiting ahead. We'll take it one step at a time. Even if it goes higher, it won't be so fast. There's no way around it; holding onto the long position from 3400 isn't done well. If you have to take profits and short, you have to bear the consequences if you make the wrong choice. The understanding is still insufficient; Ethereum is too wild. It's really standing out alone. For those still holding, look for opportunities to exit during pullbacks. If you can break even, then do so; if you can't, then minimize your losses. Wait for the right side to give signals before shorting. Right now, there's no signal to make trades; it's similar to gambling. The main point is that this wave of increase has only been led by Ethereum. This wave isn't meant to blow out too many people. Alright, family, refer to this yourself. I do not recommend holding onto positions. Don't be overly hopeful!
I've been waiting here for a while, about to enter the market. I almost couldn't resist entering at 4000, otherwise I would have been stuck again. I don't dare to chase more, after all, I'm wearing Air Force One. Let's get the orders going!
ETH stands out while SOL is expected to catch up (8.8)
Good afternoon, everyone. Ethereum's position has already hit the stop loss. It was a mistake, and a mistake is a mistake. I just took a long position and made 300 points, but gave back half of the profit. However, what's the point of regretting using profit to gamble? We can never predict the market's trends; we only know that if we're wrong, we should stop loss to avoid holding onto losing positions. Yesterday, Ethereum was the only standout, with an intraday increase nearing 5%. However, the gains for SOL and Bitcoin were not satisfactory. The 4h SOL chart shows a Fibonacci retracement segment; the next short resistance level is around 182. If it breaks through, it is expected to open up the 200 mark again. For now, let's not worry about Ethereum and see how it performs intraday. It is very likely that it will pull back and bring SOL down. Currently, SOL is testing the 175 level. If it pulls back, it might still fall below 170. However, SOL has broken through the downtrend channel, so we will refer to the JOC retracement. The drop to 167 early this morning and the quick recovery is what we should focus on!
Similarly, the 4h chart shows a short top pattern, and the KDJ indicator is facing a pullback. The 170W center is facing a retracement, which means a pullback can confirm the uptrend remains unchanged. Therefore, I recommend going long around 168-170, targeting near 182. This is for short-term trading. I've placed orders, everyone, let's get back what we lost yesterday! Cheers! $SOL
Woke up to find my position gone 3930 directly knocked me out Half of the profit from your family's long positions was given back It's better to have held the long positions to 3900, right? Why take profit and short? Really foolish! Looking for comfort! 😩
The long position is about to take profit, and the short position is also about to enter the market.
For those who have followed this wave, after a few days of sideways movement with slight increases, we have secured a profit of 300 points. Even the Ethereum position from the day before yesterday, entered at 3550-3580, has also yielded a profit of 150 points. Is making money difficult? Just a couple of simple sentences: when it reaches the target, play the game; when it hits the stop-loss, sell; if there’s profit, secure the capital; when it reaches the ideal price, take profit. No need to say much, just get in when the point is reached. I’ll first respect the short position. Let's see how many more days the grasshoppers can bounce after autumn! 😎 $ETH
Play is play, fun is fun. For those who followed the long position yesterday, we are close to 100 points now! We are also about to take profit. I won't look at 3800 or even higher, because I am going to switch to short! The Air Force One is back in action. This wave of rise looks like a trap no matter how you look at it. The weekly K-level bullish volume is decreasing, and it's a tentative pullback on the MA line. Although I bought Ethereum at 3400, which is a relatively good position, I am not confident enough to reach the previous high. Here I remind family members who chase longs to be cautious. I have no objections to swing trading long, but let's skip the big trend! I suggest taking profits on long positions around 3750, and simultaneously entering short positions around 3750-3780. Add to the position at 3890, with a target below 3400. Alright, finished placing orders, going to sleep! $ETH
Continuing with Ethereum's long positions, we can discuss this because the market is very chaotic; it's fair to say it's a garbage market. For those who entered long positions between 3550-3580 yesterday, they are now seeing a profit of 40-60 points. Even if you don't take profits, you should set a stop-loss to ensure you don't lose. The MACD indicator is already showing a bearish pattern, and the KDJ indicator has not broken through yet. There is still a lot of uncertainty. The current market structure is unclear; managing to catch a wave would be quite good. If Ethereum can't break through 3700 by the end of the day, then we might consider switching to a short position. Generally, the M-top double peak is unlikely to break out. The weekly K-level bullish trend is shrinking in volume. The probability of the Bollinger Bands retracing to the middle band is very high since the lower band is trending downward. So if we want to go long, we still can't be greedy; it's best to take some profit and retreat. Furthermore, the performance of Bitcoin and SOL can only be described as sluggish; there's no significant rebound, and it feels more like a continued platform-building for unloading. Having said all this, the current market can only be observed, and there's no action to take. Everyone should consider whether to take profits or continue monitoring the situation! $ETH
Since our ETH is profitable and we have set an automatic profit-taking at 3500, everyone can refer to this. If entering at 3550, the stop-loss can be placed around 3500. Additionally, JTO can be exited, adjust the position to enter at 1.52-1.55, with the target still being to reach 1.9+. Furthermore, for Bitcoin, you can place a long order to try and catch a spike near the 110000-110500 threshold. Because at the 112000 level, it will either go for a second test or drop below. Everyone needs to rest tonight, so placing orders near the major threshold may attempt to catch a spike with slightly less risk. The target is to see 114000+. Having said that, please refer to this at your own discretion! $ETH