The $BTC received is still okay, stubbornly trying to make a pullback K. As long as it doesn't break the low point from the day before yesterday, I'm still bullish. Meanwhile, altcoins are being treated like trash, but many quality altcoins have golden crosses on the weekly chart, and now is the right time to re-enter.
$BTC is currently doing well, having simultaneously completed four-hour and six-hour bullish engulfing patterns. If this momentum continues, it should also achieve eight-hour and twelve-hour engulfing resonance later. The key point is whether the daily line can close above 120,000 tomorrow, forming a rising three-method structure along with MACD support, then it will quickly reach 130,000. If it closes at the daily line, MACD will have a death cross with a pullback target of 112K.
My plan for this order is to exit if the price falls below 116,400 and wait for 112K. If it meets expectations, I will exit at 137K because I subjectively believe that if it directly rises to 137K, it will likely pull back to test 112K before making the final rise to 160,000. If it touches 137K without pulling back and goes straight to 160,000? That wouldn't matter since I'm still holding spot in my currency. Moreover, I'm still holding my 75 and 102 orders without selling; I just reduced leverage.
By the way, the original cost for this order was 108, but it changed to 1129 because I rolled over the position this morning.
After completing the morning strength training, I found that $BTC tested the support mentioned two days ago and pulled back to 118,000. As long as this support holds, it can continue to rise to the target of 137,000. If this is followed, the risk-reward ratio will be quite impressive.
Waking up in the morning to see Bitcoin hasn't broken below the previous natural pullback and the low point from the whale sell-off, there is a good risk-reward position here, which is to enter close to the support line, with the stop loss set at the previous low. If it breaks, just wait for 1125-1130. Today is Saturday, and there won't be much movement in the market. Happy weekend, why is there another typhoon?
Attention The short line $BTC has formed a bear flag, and it is very likely to adjust further. The deepest fulfillment position is between 1125-1135. Be bold and go long when it reaches that point, do not FOMO now.
This week the prices of currencies are rising together, with a festive atmosphere and everything coming back to life. However, you must know that chasing the rise itself is a high-risk behavior. Currently: The ultimate pressure for $BTC is at 137k The ultimate pressure for $ETH is at 4100 The ultimate pressure for $XRP is at 4 dollars SOL has not woken up yet.
The closer you get to the ultimate pressure, the more vigilant you should be. This does not mean that prices will not continue to rise, but it is possible to have a sudden pullback that sweeps high leverage at any time.
$ETH The rest depends on whether it will consolidate again before reaching 2820 to buy back. After the consolidation, it will be healthier to go up and could go further. If it rises directly to four thousand, I won't chase it.
I thought I would take the lead on this order because the original plan was to see this position. In the future, if there is a pullback, I can just buy back. A profit of 1200 points seems good to me, after all, Ethereum rising 7% in a day is already quite impressive.
$BTC runs interval market, four-hour Bollinger upper band sell lower band buy, just need to see which way to go, not much difficulty. $ETH has a potential resistance at 3480, only after surpassing this can it go to 4000, with position cost above 2800, now must first take profit on half.
What’s going on? I originally thought that when Bitcoin reached 130,000, Ethereum would be at 3,300 to 3,500. Now that Ethereum is almost there, Bitcoin is still asleep. Did I underestimate Ethereum too much!? 😅😅
Before $ETH , someone asked me about Ethereum, and I said that if the weekly K closes with a solid line that week, we can expect it to go up. As a result, that week indeed closed with a solid bullish line. Ethereum has been relatively strong these past two days, and the target level is approaching, but what I mentioned before seems a bit underestimated. The maximum fulfillment position should be around 3600.
$BTC It can't drop here and has formed a small-level diamond; there should be a rebound. For going long, the stop loss can be set at the lowest point of this structure, but currently, there is strong resistance at just over 121,000. If it goes up as expected, you can reduce your position by 30% and keep the remaining for a target of 137k.
Right now, the big brother is just resting while the imitators are rising.
If you respond here like $BTC , you can confirm a few things: this week should be characterized by range fluctuations, and there will be a platform between 123,000 and 114,000. If it breaks out of this platform in the future, it will be a new stage that can allow Bitcoin to go further.
The method for trading within this range is to sell high and buy low.
Currently, the most aggressive entry point for the short term is between 119,500 and 120,000. Those who haven't entered can consider it, but manage your risks well. Then, at the position of 112,500 to 114,000, you can place lottery orders, but approach it with a spot trading mindset, meaning the maximum position size should be three to five times the principal. My current average cost for all positions is below 110,000, so I choose not to play aggressively, but I will still enter if the lottery point is reached.
$BTC directly sprays without returning to support for retail investors to get on board, the main rising segment is like this, so if you haven't set up your position below 110,000, you really can't play now.