Austin liu
Open Trade
High-Frequency Trader
3 Years
trader
4 Following
22 Followers
24 Liked
0 Shared
Posts
See original
Today is March 29, 2025. Since entering the market through self-learning technical analysis at the end of 2021, I have paid a lot of tuition in contract trading. From today, I plan to share my trading ideas in the square. If a trade is successful, I will summarize the successful experience; if a trade fails, I will summarize the lessons learned. I hope to communicate and learn with everyone to enhance our technical analysis skills. Today, I opened 18 Ethereum long positions, 8 of which from yesterday's trades did not enter the follow-up trades, and I opened 10 in the follow-up trades today.
Trading Idea: First, I opened the ETH weekly candlestick chart and saw that ETH dropped to around 1860 yesterday but did not break the previous low of 1754. The price also closed above the weekly trend line. The 4-hour level closed with a green doji, and the hourly level this morning also tested and maintained yesterday's low of 1860.
Observing the Bitcoin hourly trend, we can see that the price has maintained the level of 82585 from yesterday to today. Therefore, I combine the trends of BTC and ETH to judge that after a significant pullback in the past two days, the market has stabilized and will experience a rebound. I set my take profit price range at 1945-1978 and my stop loss at 1850.
Trading Idea: First, I opened the ETH weekly candlestick chart and saw that ETH dropped to around 1860 yesterday but did not break the previous low of 1754. The price also closed above the weekly trend line. The 4-hour level closed with a green doji, and the hourly level this morning also tested and maintained yesterday's low of 1860.
Observing the Bitcoin hourly trend, we can see that the price has maintained the level of 82585 from yesterday to today. Therefore, I combine the trends of BTC and ETH to judge that after a significant pullback in the past two days, the market has stabilized and will experience a rebound. I set my take profit price range at 1945-1978 and my stop loss at 1850.
See original
Short side analysis: 1. BTC closed the weekly line last week in an engulfing state, indicating that the short side is still dominant. From the monthly and weekly trend lines, there is still room for decline. The target price range is 52,000-51,000 US dollars.
2. The consolidation since March has fallen below the golden section line of 0.382
Multiple side analysis: 1. There is still a relatively strong support price of 56,000 below BTC that has not fallen
2. From the news perspective, there is a positive expectation of interest rate cuts in September
3. The consolidation since March presents a descending wedge. This pattern often appears in the process of rising as a relay consolidation.
2. The consolidation since March has fallen below the golden section line of 0.382
Multiple side analysis: 1. There is still a relatively strong support price of 56,000 below BTC that has not fallen
2. From the news perspective, there is a positive expectation of interest rate cuts in September
3. The consolidation since March presents a descending wedge. This pattern often appears in the process of rising as a relay consolidation.
See original
Analysis of ETH market trend on June 27, 2023
#ETH’s closing price today is the lowest in the previous four days. After 4 attempts to break through 0.618 without success, go back to 1820 at 0.382. From the perspective of the shape and structure, it is healthier to step back and hold such a trend when the trend breaks through the falling wedge, so I prefer It is inclined that ETH will step back on the upper edge of the wedge, which is around 1800, which happens to be around 0.382. So I will place long orders around 1800, (be careful not to place integers at 1800)
In the short term, ETH broke through a shock range of the previous four days and is currently trying to close in the range again. If it fails to close today, it will be seen as bearish. It will continue to pull back for a period of time, echoing the "will step back" we mentioned above. "The upper edge of the wedge"
In the short term, ETH broke through a shock range of the previous four days and is currently trying to close in the range again. If it fails to close today, it will be seen as bearish. It will continue to pull back for a period of time, echoing the "will step back" we mentioned above. "The upper edge of the wedge"
See original
BTC Market Analysis on June 27, 2023
#BTC The closing price of BTC today is lower than the previous two days. The large rectangular shock range has still not been broken through. When the upper resistance is large and has not been broken through for a long time, there is a high probability that it will call back and accumulate energy. However, the current position is not suitable for short selling, so be vigilant. After the M head at the daily line level appears, you can try to place a short order near 31300 as shown in Figure 1. But I still insist on the strategy of doing more on dips, lowering the first target price to see around 28600 of 0.618, and the second target price of 0.382 around 27200.
In Figure 2, BTC is still fluctuating at a high level in the short term, and has not broken through or fallen below the shock range so far. The short-term operation suggestion is to go short on rallies within the shock range, go long on dips, and close when you see good. Pay attention to the use of moving averages, or indicators that you think are easy to use.
In Figure 2, BTC is still fluctuating at a high level in the short term, and has not broken through or fallen below the shock range so far. The short-term operation suggestion is to go short on rallies within the shock range, go long on dips, and close when you see good. Pay attention to the use of moving averages, or indicators that you think are easy to use.
See original
Market analysis on June 24, 2023
#小韭社区 First, let’s look at the daily level of the market. BTC and ETH are still in a large upward parallel channel. Bitcoin is at the top of the rectangular shock range and has not broken through last night. There is still a risk of a correction, but the correction is not immediate. The bookmakers must at least Making a head structure, Ethereum is also in the middle of the rectangular shock range, and it has not broken through 1950 twice at the 4-hour level. Similarly, if the market pulls back, Ethereum will also make a head structure.
During the high-level consolidation of the market, popular sectors will take turns to rise. Currently, the POW sector is more eye-catching. BTC, BCH, ETC are performing very well, and DOGE is also worthy of attention. I also recommend a niche KAS, which I feel has potential and belongs to the POW sector.
During the high-level consolidation of the market, popular sectors will take turns to rise. Currently, the POW sector is more eye-catching. BTC, BCH, ETC are performing very well, and DOGE is also worthy of attention. I also recommend a niche KAS, which I feel has potential and belongs to the POW sector.
See original
Market analysis on June 22
#合约锦标赛 The market was still buying strongly yesterday, with basically no correction, and ETH rose more than BTC
It successfully broke through the upper trend line pressure level and reached 0.618 without breaking through near 1950. BTC also reached near the previous high. I am still waiting for a pullback, and ETH has placed orders at 1812.
It successfully broke through the upper trend line pressure level and reached 0.618 without breaking through near 1950. BTC also reached near the previous high. I am still waiting for a pullback, and ETH has placed orders at 1812.
See original
Market analysis on June 21
#BRC20 In yesterday’s post, I also emphasized that the current strategy is to go long on dips and to be wary of market corrections. However, last night the market only made a slight correction and then broke through upward with volume, especially when BTC broke through the key pressure level above, contract opening, etc. If you enter the market on a pullback, just enter the spot now.
The daily level of ETH is still within the falling wedge. It has emerged from the head and shoulders bottom structure in 4 hours. Contract openings and other callbacks have entered the market. I think mainstream copycats are all good opportunities. They are still at the bottom now and will surely subsidize their rise in the future.
The daily level of ETH is still within the falling wedge. It has emerged from the head and shoulders bottom structure in 4 hours. Contract openings and other callbacks have entered the market. I think mainstream copycats are all good opportunities. They are still at the bottom now and will surely subsidize their rise in the future.
See original
Boring Monkey APE Today’s Market Trend Analysis
APE is a native governance token that empowers the construction of APE ecological decentralized communities. Boring Ape was one of the most popular NFTs in the last bull market. The price of APE performed well, but it also fell in this wave of decline. It's very miserable. As one of the fans of Boring Ape, I am still optimistic about APE. My understanding is that the sharp decline of the copycat is a means for the bankers to recover their chips. Now is a good time to make arrangements. From the trend in the picture below, it can be seen that the downward parallel channel is at the lower edge support position. Watch the historical trend every time it touches the lower edge. After the margin channel, there will be a pretty good upward trend.
See original
Market Analysis
#BinanceTournament Today, the trend of BTC reaches the upper pressure line of the falling wedge, and then the volume shrinks. Be wary of a pullback. Do not chase highs and go long in contract trading. For right-side trading, it is safer to wait for the pressure line to break before entering the market. Pulling out the Fibonacci retracement line, BTC also just stopped at 0.382, so 27100 here is a relatively large pressure level. The trend of ETH is relatively weak, and the dishwashing is more intense. It can be seen from Figure 2 that it is also under a high pressure level, and the upper shadow line has been extended for 3 consecutive days. Before BTC breaks through 52100, it is firmly bullish. The strategy is to go long on dips. If it falls below 25100 again, it will be bearish.
See original
Market Analysis
#BinanceTournament Today, the trend of BTC reaches the upper pressure line of the falling wedge, and then the volume shrinks. Be wary of a pullback. Do not chase highs and go long in contract trading. For right-side trading, it is safer to wait for the pressure line to break before entering the market.
Login to explore more contents