6.21 Brother Chi's Video Notes From now on, I will use the computer to analyze the market and take notes, and I find it much more convenient. BTC 103600 has broken through, which is considered your condition for going long; otherwise, there is currently no condition to go long. Here is the support and resistance switch point; if 103600 breaks down without a pullback, it is recommended to set alerts at 103000 and 103600, and trade in the direction of the breakout. For ETH, this large-scale ascending channel has also broken down with volume. There is a vertical supply zone near 2480. If you chase a short after 2480 breaks down, then your stop loss should be when this vertical supply zone is reclaimed. On the daily chart, looking at the Vegas channel, this is a very worthwhile position for ETH to bet on. Of course, if the Vegas channel breaks down, there's nothing that can be done, so be sure to set a stop loss. On the daily chart, set a stop loss at the previous low of 2300, and set an alert near 2370. After triggering, observe whether to build a position or make adjustments, etc.
6.17 Chi Ge Video Notes btc 108700 short, 106100 long, the current price is nearby, I will enter the market with a small position, if there is a false breakout or false breakdown, I will add to my position For medium to long term, it's about high selling and low buying in the range of 108700~102800 eth switched support and resistance at 2668 yesterday, and then started to fall Observe the price action at 2560, if both the long and the candlestick prices do not fall, consider it stabilizing to go long, the current price is nearby, you can take a small long position, stop loss around the previous low of 2520, take profit also looks at 1:1 first, paxg gold broke below 3428, likely trending towards the trendline near 3375, you can enter a small position, as the support and resistance switch point here at 3407 can't go down.
6.16 Brother Chi's Video Notes BTC, previously Brother Chi mentioned that the resistance around 106500 has been broken. If it falls back later, the area worth positioning is around the 105800 support-resistance swap and near the trend line. On the daily level, the MACD fast and slow lines are about to go below the zero axis. If BTC does not create a new high for a long time and the MACD fast and slow lines go below the zero axis, altcoins should run away; the impact will be significant. ETH has resistance here because the previous vertical supply column started from 2640, so there will be resistance here. The results are as expected; it started to face resistance and couldn't go up. PAXG's support-resistance swap position is at 3428. If it breaks below 3428, it may further test the trend line around 3375. In the medium to long term, this consolidation area is 3160-3500; the closer it gets to the upper boundary, the more to short, and the closer it gets to the lower boundary, the more to long. It's a pity that I didn't set an alert at 3500; this wave was a bit careless.
6.13 Brother Chi's Video Notes BTC's long position around 103,500 was closed yesterday; today it's around 106,180, just a bit short of the target of 106,200. I didn't want to wait this morning, fearing that while I take the Level 4 exam, it might drop and I would miss out, so I decided to take the profit. For any brothers who haven't taken profit yet, you can either defend your cost or take partial profits first, because if it continues to test downwards, it might test the 102,600 level. Currently, the resistance above is 106,500, and the area worth considering for positioning below is 101,000. ETH is currently a false breakout; false breakouts usually accompany real breakdowns, or it might target the liquidity around 2,340 below. Gold PAXG was closed yesterday without any issues. Brother Chi mentioned that gold is currently in a breakout; if the price goes back to 3,520, a false breakout followed by a drop would present a shorting opportunity. Regarding altcoin spot trading, Brother Chi said he bought 50 USDT each of WCT and SUI, and he is still holding onto the previous DOGE, which he sold around 2.0. He recommends everyone buy SUI because SUI is currently at a low point in the market. Entering a position should yield about 30%; if it drops, you can add more, and if it breaks upward, there will also be a strategy for increasing the position on the right side.
PAXG gold feels off, why did it stop? I'm withdrawing first, no signal from Brother Chi, BTC has come back, let's secure the capital and stop loss for now, hoping it can reach 106200.
Huh? You dare to play with me regarding the contract data? The spot market has such a big spike, there's volume but no price, it's a complete loss. Brother Chi has been talking about the 3520 position for a week.
It's so annoying to be single at midnight, always one step away from a perfect 108500, didn't get to take profits, it triggered my stop loss 😂 so frustrating
6.12 Chi Ge's Video Notes BTC, short-term opportunity at 106800-107200 to open a long position Set a stop loss at 1000 points, take profit first at a 1:1 ratio and gradually push up For medium to long-term, patiently wait around 104200 near the 0.618 level, resonating with the trend line, and plan here ETH, currently the highs and lows are continuously decreasing, no bullish view until breaking 2780, 2680 is a good position, wait here for buying opportunities DOGE bought at 0.2 yesterday, it broke down, got heavily trapped, at 0.19 I added a bit at the one-hour Vegas channel, still got broken down, entered a 60% position, forget it, for the remaining, as Chi Ge said, plan at 0.171-0.183.
6.11 Chi Ge Video Notes If ETH retraces, for long positions, wait for 2670, set alerts, if it breaks down, withdraw, go long on the right side. If it breaks through 2870, a real breakout with volume, then go long, medium to long term, targeting 3350 at a 1:1 ratio. If it fakes a breakout at 2870 and falls back, then go short. BTC is relatively simple, this major consolidation zone is 112500-100500, sell high and buy low. For DOGE, those who previously positioned can continue to look towards 0.215, and those who haven’t positioned can also enter around 0.2.
6.10 Supplement, Eth just released the team strategy, can go long at 2670, can also go long if it breaks 2750, stop loss let go 30-50 points, take profit initially looks at 1:1, if you want to hold longer, take profit in batches with capital preservation.
6.10 Brother Chi's Video Notes Yesterday's Review: At this time, the benefits of light positions on the left side and confirming positions on the right side are evident. Yesterday, the initial position only accounted for 30% of my total opening position. A small cut of 500 points isn't painful. Even if I had a stop loss of 1500 yesterday, it would still be okay since my position isn't heavy. If you start with a heavy position, you would definitely feel anxious when it suddenly goes up, and it hurts when you cut losses. Sometimes, you might even miss a false breakout 2b order because of this, and then you easily start holding onto your position. If you're quite stubborn, you've already accumulated a floating loss of 3000 points by now. If there's a breakout with volume, then losses must be accepted. Currently, from the BTC perspective, the large consolidation area is between 101000 and 112000. The closer you get to the upper boundary, the more you should short; the closer you get to the lower boundary, the more you should long. It's best to make a 2b rebound order after a false breakout, so you have a clear stop loss. ETH is currently breaking out of the previous consolidation zone. If you want to short, patiently wait for a trading opportunity at 2870 because it couldn't go up from this point before, leading to the subsequent crash. Therefore, this point is a resistance level. I didn't buy DOGE spot, but today it also broke out along with ETH, reaching the first take profit level of 0.195 mentioned by Brother Chi, rising by about 5 points. If it returns to the range of 0.171-0.183 later, it is still worth buying spot.
Forget it, a bullish candlestick is stuck on top, I'm not waiting anymore, I'm out 😂 If there’s a fake breakout and I get an alert, I’ll counterattack.
6.9 Chi Ge Video Notes Chi Ge said that 106800 is still a good position to short, and since it hasn't made a higher high, the closer it gets to 106800, the more you should open your short position. However, the price has just broken through. I entered a long position near 106800, and if it doesn't stop me out at 107500, then I'll wait and hope it's a false breakout. If 106800 switches from support to resistance, and if it doesn't go down, I'll cut my losses, after all, it was a volume breakout. ETH 2540 small resistance, tested twice and didn't go up. Yesterday I withdrew the spot position at 2530 that I had previously set up. The price has reached 2540 and 2580, near the descending trend line, which are all good points to short. DOGE, old view, recommend gradually buying spot around 0.171–0.183, with first and second take profits at 0.195 and 0.214 respectively. Just sold ETH, slowly buying DOGE.
The alarm always triggers at the limit 😂 Fortunately, the Ether 2540 alarm reminded me. If this continues, I will have to adjust the levels provided by Brother Chi. This market keeps stopping at small increments. I’ll take a small short position in the forward cabin and add more on the second test. This position has been suppressed by the Vegas channel. I don't know if it can go up again. Yesterday, I withdrew more than half of the spot at 2530.
6.8 Chi Ge Video Notes BTC, short position, when Chi Ge sent this the price was around 105400. Based on the previous high 1:1 stop loss, it should be possible to take a small profit now. The current position is quite average; the recommendation is to short if it can't break above 105400 on the pullback. ETH, what a pity, the alert at 2547 wasn't set properly; it shouldn't have been set so close to the limit. After all, it's an alert, if it doesn't trigger, it won't be observed, and it just blows up. Let's continue to wait for BTC to test 106800, then ETH can follow to take profit. The corresponding estimate for ETH is about 2580, just right for more shorts. Doge, an old viewpoint for many days, I’m just copying it here (taking a lazy approach) recommending to buy spot in batches around 0.168–0.183, with the first and second take profits at 0.195 and 0.214 respectively.
6.7 Brother Chi's Video Notes For BTC, if you are doing very short-term trading, you can check whether the descending trend line has been broken. If it breaks, you can see the upper boundary at 106800; if it falls back, set a stop loss. If you are doing intra-week orders for 3-5 days, you can set an alert around 106800, wait for it to trigger, and observe if there is a breakthrough. If not, short it, with the previous high as the stop loss and take profit around 101600. For ETH, those who still have long positions can exit around 2540. I will also sell half of my spot holdings and gradually buy back as it goes down, or you can position a medium to long-term short around 2590, with a stop loss at 2680, aiming for 2360. Look at the big picture and then focus on the details, for example, check the 4-hour candlestick chart to determine the upper and lower boundaries, then go to the 1-hour and 15-minute charts to find key support and resistance levels for placing orders. For DOGE, it is recommended to buy spot in batches around 0.168-0.183, with the first and second take profit levels at 0.195 and 0.214 respectively. I just sold ETH and will gradually buy DOGE.
6.6 Chi Ge Video Notes Trading Live: BTC 101600 successfully harvested; I saw 101600 drop to 100000 in the morning, and then I entered when it pulled back to 101600. After that, I added more when it broke through. I must say, the strategy of light positions on the left side and confirming positions on the right side really works repeatedly. I originally thought about exiting when it reached the support-resistance swap level of 103800, but it seems to have broken through. The Vegas channel has also broken through, so it seems it will go back to test the downward trend line as Chi Ge said. However, there are still opportunities for natural rebounds and a second test, so I will wait for the right entry moment. ETH Trading Live: I got on but felt a bit regretful because my spot layout was bought at a 235 ratio. I got in at 23, and my 50% big position was at 2360 but didn’t hit. Haha, it’s fine, as long as there’s profit, I’ll use the rest to buy other things and look for opportunities. Viewpoint: The first resistance at 2475 has broken through; watch for the second resistance at 2550 to avoid situations. BNB, 652 resistance; students who opened long positions around 637 can take profits here, it just happened to be around that area, so it’s time to take profits after all, as it is a support-resistance swap level.
Finally, I'm opening again with Brother Chi, not bad, I will first collect the vegetables at 103800, haha, anyway, the spot has ETH supporting it, I will take the profit when I see it.