弱水三千u

$ADA Do you understand the feeling of a page full of red, while ada is green? Let me explain why I am optimistic about ada. After the recent new high of Bitcoin, only eth, doge, and ada among the top ten mainstream coins did not reach new highs, while bnb and xrp did, and sol reached a new high after trump's launch, which we won't count.
Both eth and ada have monthly level resistance lines; eth has currently broken the 4100 resistance line, while ada has not. Given its recent strong performance and the fact that the converging triangle has converged to the extreme, Bitcoin has already adjusted to the right level. Once Bitcoin rises, ada will surely soar.

Don't rush into trading. I used to do short-term trading as well, playing with those small coins on the gainers list and newly listed coins, thinking that the price fluctuations would be larger, and that smaller funds would yield higher returns. However, each time, I ended up losing more than I gained. My biggest loss came from a coin called Move, where I lost 8000 USD. I bought it at 0.8, and when I saw it had a historical high of 1.2, I thought I was safe, but it kept falling. I didn't want to cut my losses, so I put all my money into margin calls, looking for ways to buy USDT, even borrowing from online loans. But it just kept dropping, and when it hit 0.6, I was liquidated. Now that garbage is at 0.13. So cutting losses isn't necessarily the right move, but not cutting them is definitely wrong.

Then there's Ethereum's enlightenment, starting a long position. I started rolling over my position at 2450 because I saw the daily moving averages were dense, and the weekly moving averages were also dense, so I wasn't worried at all. Here are a few historical positions; there's no intention to show off; I’ve walked this path step by step. The times of opening and closing positions are all above. The positions aren't precise because I rolled over; the largest position I held was about 250 ETH, which can't be compared to the big players.

Take it slow and wait patiently. Of course, if you want to do intraday short-term trading, choose a coin you are familiar with, one that you have been trading for a long time. Watch the one-minute and five-minute moving averages, then open a position and take your profits when you reach your target. There's absolutely no problem with that. That’s what I did in April—I only made 50 USD a day and then didn’t open any more positions. I also didn’t open a position after losing 50 USD. Don’t think about using high leverage to make back 100 USD at once. Getting emotionally charged will only lead to more losses and liquidation. What the crypto world lacks the least is opportunities; the big market movements are still ahead.

After stopping losses over the weekend at $ADA Ethereum, it hasn't done anything since. I don't know what it thinks; it has been falling continuously. This morning, I posted about buying the dip at 4300, but the next second it broke down, so I deleted the post immediately, afraid someone might follow. There are signs of stopping the decline around 4260; you can try going long, setting your stop loss based on your own position and acceptable loss. My market sense hasn't been good these days; although the stop losses I provided have been small, I keep losing. Please judge for yourself.

Some people ask me why I don't short. It's really just being bearish without shorting. Look at the daily and weekly charts; all signs indicate an uptrend. Tomorrow, the knowledgeable king is going to announce the results of the Russia-Ukraine negotiations, which can only be a peaceful resolution. Otherwise, the knowledgeable king has been in office for a year and hasn't done anything, with zero achievements—does that make sense? Moreover, the big goose has long been unable to hold on, and the Federal Reserve will be impolite if it doesn't cut rates in September. Trump has been constantly pressuring for a rate cut, and several members of the Federal Reserve have expressed a willingness to cut rates. The rate cut cycle is coming. Starting in October, US companies will begin releasing their Q3 financial reports. The increase in the US stock market in Q3 is obvious, and to make the annual report look good, the Q3 financial reports are often 'made' to look better.

Altcoins like ADA and LINK are very strong, and the whale is madly defending the market. My average entry price for ADA is 0.927, and I won't take profit until it exceeds 1.17. Just wait; the altcoin season is about to see the light.

$ADA has started!

Before $ADA ada broke 1, it was manipulated by the big pancake, and I didn't leave. Ada is a long-term position, and I will take profit at 1.17.
Yesterday it attempted to break through again but failed, dropped to around 0.9 but did not break below. Just now it broke the hourly trend line and then pulled back. I believe this is a false breakdown; patiently wait for the trend line to break upwards, the second Ethereum is about to arrive.

Pepe is also worth paying attention to, the daily moving averages are dense.
Ena has no loss; my stop loss is set far, it's a small position, and at 0.67, I would only lose a little.

Currently, I hold 20k ada, 5k pepe, and 1k ena. One must learn position control to achieve small losses and large profits.

After buying $ENA , I really can't believe it. If you haven't followed yet, don't follow anymore. I bought a little, and my stop loss is set very far. If I get stopped out this time, I will completely blacklist and not touch it again.

$ENA first bought 10,000 U of ena, someone said in the morning, let's buy a little and see, take profit and stop loss are all in the chart. The main thing is that I have been hurt by this thing before, the four-hour and one-hour charts are getting close to the moving averages (using 10/20/60), it can be tried.

Without market activity, just take a break. It is the weekend after all. I've been staring at the screen for days and my eyes are almost blind from the constant ups and downs, cutting in and out. Be patient and wait for the four-hour moving averages to converge. Today, I'll give myself a day off and adjust my mindset properly.

$ETH All Ether stop-loss, really not doing it anymore, waiting for the four-hour moving average to consolidate before doing it again

$ADA 0.96 pressure is relatively high. If you can stand firm, you can increase your position to the maximum. Be cautious with leverage; mainstream leverage is a maximum of ten times.

Nearby $ADA 0.95, you can go long with a small position, the one-hour moving average is about to converge and show direction, stop loss at 0.92

$ETH Ethereum analysis, yesterday during the day was another day of fluctuations, and at night there was another night of sharp decline. My opening price was 4577, and I set a stop loss at 4580. Don't use high leverage, don't hold onto losing positions, if you're wrong, acknowledge it and stop loss in time. There are opportunities every day in the crypto circle; securing your principal with one big opportunity can help you turn your situation around.

Now let's draw a daily level Fibonacci retracement from this high point to the previous high point. We can see that 4360 is at the 0.5 position, and it stopped and rebounded at 0.5. Generally, 0.5 is a turning point for bulls and bears. I didn't expect this retracement to be so deep; usually, the retracement stops around 0.618, but this time it was too large.
When it broke 4580, the five-minute moving average was already in a bearish arrangement, but I am not accustomed to shorting, so I didn't short and just rested. 4360 cannot be broken; if it is, the upward trend will be lost.

I see many people still asking what dense moving averages are. In the second image, the area marked is around 3600, where six lines are entangled together, like a ball of yarn. This situation represents a high degree of consensus among chips, and a direction is about to emerge. The larger the time frame where the moving averages are dense, the stronger the trend tends to be. After the moving averages are dense, wait for the trend to emerge. If the short-term MA10 yellow line crosses above the 20/60, and the K-line is above all the moving averages, we can determine that this is a bullish trend. For example, at the 4260 point position in the third image. Conversely, looking at the 4600 position in the third image, after the moving averages are dense, the blue 60 moving average is on top, and the yellow 10 moving average is at the bottom, so the K-line is below the moving averages, indicating a bearish trend, and choosing to short. Of course, this doesn't mean you should short now; the cost-effectiveness is already very low. Going long below 4360 should have strong support.

Alright, the analysis is complete. Generally, during weekends, liquidity is low and volatility is small, so I suggest taking a two-day break and not opening any positions. Take some time to study and review. If you want to go long, you can do so at 4360; I do not recommend other positions, and if it breaks below 4350, directly stop loss. Some may ask when they can open a position? My suggestion is when the four-hour level moving averages are dense, and when the yellow line crosses above, additionally, last night ADA performed very strongly. I will study it well over the weekend and then guide you.

$ADA ada is still relatively hard, this wave of Ethereum is just to wash the market, crazy wash, like a washing machine, washing out all the retail investors with high leverage. If it continues to oscillate, it is recommended not to trade Ethereum anymore. The current market conditions are hard to understand. Although it rebounded to 4520, the rebound is very weak, still following Bitcoin. Only when it stops following Bitcoin will Ethereum have a market.

$ETH 8:30 There is a retail data for the US in July, expected 0.5, actual 0.5, which meets expectations, so the impact is not significant. We will still look at how the SEC chairman decides on the issue of US stocks going on-chain, as well as the results of Trump's negotiations with Russia in the early morning.

$ADA I think those who missed Ethereum can really focus on ADA. The long cycle and Ethereum broke 4000 at the beginning, and it's about to break the trend line again. Now it has started to rise sharply.

Someone asked, so I'll answer: When moving averages are densely packed, it indicates that the chips are highly concentrated, and a significant trend change is imminent, either up or down. For example, if we take the short-term moving averages of 20/60/120, when the 20-period moving average crosses above the 60/120, and the candlestick is above all moving averages, it indicates strong bullish momentum and an upward trend. At this time, you can go long or set a stop loss for going short. If the 120 moving average is at the top and the 20 is at the bottom, it indicates a downward trend. In this case, you can go short or set a stop loss for going long.

From my own experience, I find that for short-term analysis, looking at the 5-minute and 1-hour charts is suitable, while for long-term analysis, the 4-hour, daily, and weekly charts are appropriate.

$ETH Who do you think will be selected for the US stock market on-chain?

The burning decision is almost taught, how to trade still depends on you, take your time to refine it.

Let's talk about moving average settings again, I'll guide you step by step. Open your Binance chart, select both MA and EMA in the lower left corner, then click the settings in the upper right corner to set the indicators. Set both MA and EMA to the same values; my personal habit is 10, 20, 60, while experts recommend 20, 60, 120 as a reference, depending on what you are accustomed to.
If you use 10/20/60, you can clearly see that the Ethereum daily chart has six moving averages clustered around 2450, and they are in a bullish arrangement, along with a cluster at the weekly level.

Our principle for opening positions is to enter at the points where moving averages are clustered, at key levels of Fibonacci retracement lines and Fibonacci extension lines (the Binance built-in chart does not have extension lines, but it seems you can draw them in professional mode), and to conduct additional purchases, take profit, and stop-loss operations.

$ETH is currently at the Fibonacci retracement level 0.5 between the previous highs of 4790 and 4455, with the lowest point actually at 4451, which is not a big issue, the price levels are not far apart. Levels 0.5 and 0.618 are usually the dividing line between bulls and bears. If you break 4620, add to your position fully. I myself have also increased my position to 211 Ethereum worth 100 wu. Do not use high leverage to go all in, let me repeat, otherwise it will end up like yesterday with a liquidation.
Around 4660, a breakthrough at 0.618 would mean a full shift to bullish. The 0.781 level at 4720 has a lot of trapped positions; it oscillated here all day yesterday, and resistance will be significant. It is recommended to take profits of 80% first, and after breaking through and stabilizing, we can discuss the next steps.