In Price Action (PA, naked K) trading, the pin bar is a very important entry signal, also known as a Rejection Candle, and is usually a candlestick pattern that indicates a price reversal. The formation of a Rejection Candle occurs when the price is strongly supported or suppressed at a certain position, resulting in a very small body but large shadows of the candlestick, including hammer and inverted hammer patterns, which are referred to as 'Pinocchio Back Bar', abbreviated as 'pin bar'. In trading practice, we need to pay attention to the fact that a pin bar with a long lower shadow is a buy signal; one with a long upper shadow is a sell signal.
Everyone knows that making money in the cryptocurrency market can be fast, but losing money can also happen quickly! Here, I will briefly share my trading plan. 1. First, trade with familiar cryptocurrencies and avoid those that I am not familiar with. 2. Do not open positions easily; patiently wait for opportunities! 3. Enter with a small position, increase it once the trend is confirmed, and strictly execute my stop-loss. 4. Manage my trading emotions well. 5. Do not open multiple cryptocurrencies at once, as it can severely affect trading emotions. 6. Practice good position management, keeping each position at five percent or less.
Interest rate cuts are in place, Bitcoin has once again broken through the consolidation range! Last night, Bitcoin pulled back to the support near 93500 and then slowly rose. This morning, it directly broke through the top of the range and touched the previous high around 97700. Bitcoin seems to be on a fast upward trend without any pullbacks. For those with short positions in Bitcoin, make sure to set your stop losses properly. My short position from last night only incurred a slight loss, and I re-entered with a light position around 97. Tonight at 2 AM, the Federal Reserve meeting is coming up, which is a significant news event that will greatly impact the market. If you can't grasp it, it's better to stay in cash and observe to gain experience. Pay attention to how bullish trends unfold, how bearish trends develop, and how both longs and shorts can be wiped out—observe more. Ethereum remains the same, still unable to break through the top of the consolidation range at 1850. If it continues to fail, consider opening short positions with acceptable stop losses. Bitcoin resistance levels above: 97700 98500 99500 Support levels below: 93500 92900 91900 Ethereum resistance levels above: 1850 1920 Support levels below: 1780 1730 nearby #美联储FOMC会议 $BTC
If you have Ethereum, just short it; enjoy the drop and come back to find me. Look for Ethereum around 1750; if it falls below, continue holding the short position. $ETH #美联储FOMC会议
KLoooo
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Bearish
Bitcoin continues to fluctuate, what should we do next? Bitcoin is still in a fluctuation phase, with hundreds of points of fluctuation, but a bearish trend has appeared on the four-hour level. If Bitcoin falls below around 92900, it will start a daily level correction, and the decline will accelerate. The range of Bitcoin from 88500 to 91900 is a zone for quick rises, and if it falls, this range is also very likely to experience a rapid decline. The short positions around 95500 in the community took profit around 93800 yesterday, so there should be some pork knuckle rice. Ethereum has also weakened, unable to rise above 1850, and the longer it stays horizontal, the greater the probability of a decline. During this time, you will find that shorting Ethereum at high positions is not wrong; at most, you will be briefly stuck, and as long as you don't short at the bottom, there is room for profit, with 30 or 50 points being no problem. If the market hasn't moved, don't get too ambitious; don't just aim for a few hundred points. Today's resistance for Bitcoin Around 95800 Today's support for Bitcoin Around 92900 Today's resistance for Ethereum Around 1850 Today's support for Ethereum Around 1780 If you have any questions, feel free to leave a message in the comments. #美国众议院市场结构讨论草案 $BTC
Bitcoin continues to fluctuate, what should we do next? Bitcoin is still in a fluctuation phase, with hundreds of points of fluctuation, but a bearish trend has appeared on the four-hour level. If Bitcoin falls below around 92900, it will start a daily level correction, and the decline will accelerate. The range of Bitcoin from 88500 to 91900 is a zone for quick rises, and if it falls, this range is also very likely to experience a rapid decline. The short positions around 95500 in the community took profit around 93800 yesterday, so there should be some pork knuckle rice. Ethereum has also weakened, unable to rise above 1850, and the longer it stays horizontal, the greater the probability of a decline. During this time, you will find that shorting Ethereum at high positions is not wrong; at most, you will be briefly stuck, and as long as you don't short at the bottom, there is room for profit, with 30 or 50 points being no problem. If the market hasn't moved, don't get too ambitious; don't just aim for a few hundred points. Today's resistance for Bitcoin Around 95800 Today's support for Bitcoin Around 92900 Today's resistance for Ethereum Around 1850 Today's support for Ethereum Around 1780 If you have any questions, feel free to leave a message in the comments. #美国众议院市场结构讨论草案 $BTC
Learn to short and learn to wait, don't exhaust yourself over a few hundred points! Bitcoin has been stagnant these days, and it's also the weekend. There's really no need for analysis. Bitcoin has now dropped back into the range; if it doesn't recover around 95800 later, then we can consider entering a short position, and there’s also a stop-loss position. The US stock market has also been steadily rising these days, which has helped Bitcoin climb continuously. Some altcoins are also starting to pull back now. If Bitcoin experiences a major correction, altcoins will probably suffer heavily. Bitcoin has moved from 74 to 98, a total of 24,000 points; a correction of 10,000 points isn't unreasonable, right? Bitcoin at 98, Ethereum at 18, both have gone above 8. Ethereum at 1850 still hasn't managed to break through strongly; it's still too weak. 2000 seems very difficult, and there are probably more sell orders at 2000 than at 14, so don't hold out hope for Ethereum anymore. The upper resistance for Bitcoin is at the previous high, around 97800. The lower support is around 93000. For Ethereum, the upper range is between 1850 and 1870. The lower support is around 1720. #数字资产法案 $BTC
Non-farm is bearish, but it can’t go down, the big pie is about to reach 98, let’s see how the pressure around 985 behaves. How are those shorts at 88500 doing? It’s been ten thousand points, are they still holding on? Check the comments section 👀 #非农就业数据来袭 $BTC
Bitcoin breaks through the top of the range, is a rise imminent? Bitcoin successfully broke through the top of the range around 95800 last night. If it can hold above 96, there is a high chance of the next wave of increase. Bitcoin has been heavily controlled these days, with no pullback at all; any slight pullback is immediately followed by a rise, leaving no opportunity for short sellers. It has broken through a key level, and losses must be accepted, otherwise what awaits is holding large orders. Bitcoin has broken through, but other mainstream coins remain slightly weaker, with some altcoins even declining. Ethereum is currently still in the range of oscillation, with no solid candlestick breaking through. On the 4-hour level for Ethereum, MACD has shown divergence, so avoid chasing highs. Tonight, there will also be the monthly unemployment rate and non-farm payroll data released, which are relatively important news. Today's Bitcoin resistance levels are: 97400 98500 (strong resistance range) Support levels are: 95300 94000 area Ethereum's upper resistance still focuses on around 1850 Support levels are around 1730 $BTC $BTC #数字资产法案
Previously called tao at 280, asked everyone to enter in batches, was criticized heavily at that time, later didn't dare to call out again, now, haters are talking, answer me! #山寨币ETF展望 $TAO
Learn to stay out of positions, control your hands, and trading will be much easier! These past few days have seen little movement, still in a sideways market; it's fine to go long or short, just don’t short at the bottom of the range and go long at the top, then it shouldn’t be a big problem. The range for Bitcoin is around 93000 to 95500, about 2000 points. For Ethereum, it's around 1830 to 1750. Just trade around this range, short at the top, and long at the bottom. Currently, Bitcoin is in a high-level consolidation, with a higher probability of going down than up; the risk of chasing highs is greater. If Bitcoin really goes up, it might be another significant one-sided market. $BTC #加密市场反弹
Bitcoin and Ethereum Market Analysis Today There was not much trading volume over the weekend, and the fluctuations were minimal, so there weren't many trading opportunities. This morning, Bitcoin touched 95 again but failed to break the previous high and began to weaken gradually. The short positions are almost exhausted, and once retail investors start chasing long positions, a significant correction will begin. Ethereum has shown strength over the past couple of days, while Solana has shown signs of an airdrop trend. When Ethereum is strong, Solana tends to be weak, and vice versa. Ethereum's pressure is still concentrated in the range of 1830 to 1850. I'm not very optimistic about Ethereum's upgrade in May; I don't expect a massive surge, just a little bump. Bitcoin's resistance above looks at 95700 96100 Support below looks at 93000 91900 nearby Ethereum's resistance above 1850 Support below 1780 1750 1680
Bitcoin and Ethereum Market Analysis Today In just a few days, Bitcoin has reached 95,000. You can see that Bitcoin's daily chart shows strong bullish candles, giving no opportunity to the bears. I believe the bears at 88,500 are having a tough time. After a week of increases, the volatility was small over the weekend, so let's watch for a pullback. Don't chase the highs again unless you're trading very short-term. With so many market cycles, those who trade should understand that following the trend is very important. When you incur losses, it is often because you are adding positions against the trend, always thinking that after rising so much, it must go down, or after dropping so much, it must go up. This kind of thinking should be reflected upon and changed. The end of a trend does not happen so quickly. Bitcoin at 95,000, while Ethereum couldn't even touch 1,830 last night. Also, you shouldn't short Bitcoin, which is strong, while going long on Ethereum, which is weak. If there’s no volatility, focus on reviewing past trades and reflecting. Bitcoin's upper resistance levels: 95,500 96,100 Lower support levels: 93,000 91,900 nearby Ethereum's upper resistance: 1,830 (if it fails to break through multiple times, be bold to short) Lower support: 1,755 1,720 1,680 nearby #以太坊的未来 $ETH
Bitcoin Today's Market Analysis The recent market is quite volatile, and it seems that technical analysis is not working. The more analysis conducted, the smaller the margin for error. Last night, Bitcoin attempted to break through the resistance near 95, but before it could make contact, it fell back. The 95 resistance is still significant; if it reaches that point, one could consider a gamble, setting a stop loss of 500 to 1000 points. It's better to wait for Bitcoin to pull back to around 89, which could be an opportunity to go long. Bitcoin has dropped from 110,000 to 74,000, a decline of nearly 40,000 points, and now from 74,000 to 95, it has rebounded by 20,000 points. This is typical of a bear market; there will be a rebound of half the drop, and we are currently at that point, having rebounded by half of the decline. Currently, Bitcoin is in the range of 88 to 91, accumulating many shorts, and it is likely that this batch of shorts will be liquidated before it drops further. Today's resistance levels for Bitcoin are: 95,000 98,500 Support levels below are: 91,900 90,500 88,500 nearby Today's resistance levels for Ethereum are: 1,830 1,870 nearby Support levels below are: 1,740 1,690 nearby $ETH #加密货币总市值重回3万亿
Bull market? Bitcoin strongly rebounds to 20,000 points! Good afternoon, brothers, are you high yet? If you were short all the way down, you should be really high by now, right? I dare say that out of 10, 11 are chasing shorts, am I right? It's too strong, there hasn't been any pullback; the bearish news has all been released, and what's next is the Ethereum upgrade and interest rate cuts. Right now, it's best to stay in cash; both long and short positions carry a lot of risk. Preserve your capital, don't come asking again about what position you’re stuck in and how to resolve it. Isn’t it painful to hold on? Can you even sleep? There’s pressure above for Bitcoin, big pressure, watch 95,000 and 98,500; consider entering short only at these two levels. If this rebound reaches 98 and stabilizes above 98 on the daily chart, then it’s strongly bullish, which would mark a new round of the bull market. If Ethereum makes up for lost ground, it could easily increase by another 10% in a day, which is not impossible. Bitcoin at 94, Ethereum at 18; last time Bitcoin was at 94, Ethereum was at 2600. If Ethereum retraces to around 1680, you can consider going long; 1680 is the top of the consolidation area. If it retraces without breaking that level, be bold and go long with good stop-loss management.
Is this really the cow returning this time? Is this right? 74000 is breaking 9 all the way north, is this right? #加密市场反弹 $BTC A few days ago I was mindlessly shorting, should I be mindlessly going long these days?
Bitcoin and Ethereum Market Analysis Today I still don't understand why Bitcoin suddenly broke through the top of the consolidation area yesterday; I couldn't figure it out all day. Last night the US stock market opened and dropped significantly, while Bitcoin actually went up. It seems to make some sense: the capital flowing out of the US stock market is heading towards Bitcoin. The bubble in the US stock market is too large, and many investors are under pressure to sell. Gold is soaring, and the risks of entering the market are increasing, so funds are flowing towards Bitcoin. On the other hand, Ethereum, are you still not removing it from your watchlist? I'm too lazy to criticize Ethereum; it's so weak that there's really no need for further analysis. Those who shorted it without thinking have already made a profit. Bitcoin currently has all short positions, so don't expect a significant drop in the short term, while Ethereum has all long positions. In recent days, I've lost quite a few trades; it really feels increasingly difficult to operate... What do you all think? Bitcoin and Ethereum support and resistance are as shown in the image #美股下挫 $BTC
Garbage is just garbage, stop playing with Ethereum, Ethereum can only be empty, being so weak, look at Bitcoin breaking through, Ethereum... what are you doing now #币安2025Q1市占率 $ETH
Good morning, brothers There hasn't been much market movement these days, with very little volatility. On one hand, this is due to the impact of Easter, resulting in low trading volume, and on the other hand, it is also the weekend. So, it’s a good idea to relax over the weekend, spend time with family, go for a walk, or read trading books. There’s no need to struggle over small fluctuations. Bitcoin is currently around 85,000, still within the range of 83,000 to 86,000. There is still considerable resistance around 86,500, so don’t rush to buy. Currently, the risk of going long is greater than going short. For those holding short positions, you can set your stop-loss around 86,500. If you want to enter long positions, you can wait for a strong breakout above 86, or consider entering long around 83,000. Ethereum has two doji stars on the weekly chart. There is a slight upward movement on the 15-minute level. Although Ethereum is quite weak, I believe the risk of chasing shorts now is very high; I would consider buying the dip instead. That’s some of my thoughts for today. Thank you all for your support! #美联储独立性 $BTC $ETH
Brothers, the pork trotter rice is back, the new round of staking activity is here. If you have BNB or idle USDT, you can stake them. Even a little piece of meat is still meat; making money in this environment is not easy. If you don't have BNB, don't buy it at the current price to stake, otherwise the price difference of BNB won't cover the staking profit. If you don't have BNB, you can exchange for FUSDT. Staking is very simple: 1. Find Launchpool on the homepage. 2. Just choose BNB staking. Those who participate in the BNB subscription for flexible wealth management will automatically participate! #币安LaunchpoolINIT $BNB