The counterfeit long position opened today, because I'm bearish on Bitcoin, I didn't hold out to the next high or a new high, manually stopped loss, it's another day of fluctuating emotions. Now I've opened short positions on BTC and XRP, and taken low-leverage long positions on Pnut and Act, strictly adhering to my trading system, I can definitely do it.
After I took profit on the long position of vine/ai16z yesterday, it continued to rise sharply for a while, but I was very satisfied. Now the requirement is to strictly follow my own system. If I can double the profit in a month, it will be perfect. As a result, the system has doubled my profit in just a few days. Today's strategy is to take profit if the short-term can touch a new high or the second high. I am going to find a structural short for BTC today or tomorrow.
Starting live trading next Wednesday, What I value most is having real core trading abilities. Even if I lose a lot of money, I still have great confidence in my trading skills; otherwise, I wouldn't have the idea of live trading.
The BTC strategy I shared recently was all right except for the loss of a long position yesterday.
The reason is still due to the review of the central expansion and central extension during this period, as well as the perspective of looking at a larger cycle.
After the long position was lost yesterday, I immediately chased the short position. Pay attention to the profit protection of the short position here.
The next market will only be more difficult, so keep an eye on it.
It’s already empty, let’s look at around 55,000 first.
江南秋
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From the perspective of sentiment, there should be a correction here. But the greater possibility here is that it will remain sideways and wait for a fall, which is also a strong performance.
The short-term target will remain around 74,000 next week.
From the perspective of sentiment, there should be a correction here. But the greater possibility here is that it will remain sideways and wait for a fall, which is also a strong performance.
The short-term target will remain around 74,000 next week.
Yesterday, I heard from a group friend that there are relatively important data coming out in the next few days, and the fluctuation may be large.
In fact, my understanding is that news and data will only affect the price temporarily, and it will eventually follow the original trend.
Continue to hold long orders here. If it breaks through 62,800 in the next two days and continues to break through 67,700 this week, BTC will most likely reach a new high of 74,000-76,000 next week.
But even so, this is not the main uptrend. The market will not let you make money so comfortably. Keep paying attention. In the future, more content will be output in the form of short videos analyzing the market.
Today, I will release a video analysis of altcoins. I have recently valued several altcoins with strong certainty. In addition, if you have any recommendations, you can leave a message and comment. I will check them out online.
江南秋
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There is a high probability that BTC will rise this time. Be sure to watch the video!!
The structure has changed, the short position here will be closed immediately, and a light position will be long. Now outside, draw the line after returning!!
The structure has changed, the short position here will be closed immediately, and a light position will be long. Now outside, draw the line after returning!!
江南秋
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For the short position layout of a larger cycle, although the stop loss is written as 64500, the strict stop loss position is 67718.
The stop loss position I mentioned is the reversal position. If the stop loss position is broken, I will immediately reverse and go long.
The stop profit position will continue to look at the structure at that time. There may be a sharp drop, or there may be a bullish trend around 55000.
Yesterday I drew a chart early and released a video to clearly lay out the short position, and I also sold the BTC I bought at a low price this time, and opened a short position at the same time.
This position may fluctuate slightly, which will not make the short position comfortable. If it rebounds to the second high, remember to increase the position.
江南秋
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For the short position layout of a larger cycle, although the stop loss is written as 64500, the strict stop loss position is 67718.
The stop loss position I mentioned is the reversal position. If the stop loss position is broken, I will immediately reverse and go long.
The stop profit position will continue to look at the structure at that time. There may be a sharp drop, or there may be a bullish trend around 55000.