Last night's short position profits were abundant, the short position given was for Ethereum, and I casually mentioned the short for Bitcoin, resulting in him executing both shorts at lightning speed without a moment's hesitation. This execution ability deserves a thumbs up! mao422WJ
Investing is a long-term plan, not something that can be done overnight. Even if you suffer a temporary loss now, there is nothing to be afraid of. As long as you choose the right method and follow the right people, what you lose will come back.
Investment is a long-term plan, not a one-day plan. Even if you suffer a temporary loss now, there is nothing to be afraid of. As long as you choose the right method and follow the right person, what you lose will come back.
Bitcoin is currently one of the most popular investment methods, and it has many advantages. However, inexperienced newcomers can easily incur losses when investing in digital currencies. Each time you enter a trade, you should have sufficient reasons, and you must conduct independent analysis and judgment, rather than acting on impulse. Asking yourself a few more 'why' questions is a good method to prevent impulsive actions and make fewer mistakes.
Bitcoin's recent price has been fluctuating at high levels, forming multiple long upper shadows, indicating strong selling pressure. After a significant price increase on the daily chart, a pullback has occurred, and it is currently in an adjustment phase. On the hourly chart, the MACD histogram is gradually shortening, and the EMA7 is crossing downward with the MA30, indicating a weakening short-term trend. However, the EMA120 still maintains an upward trend, and the long-term outlook remains bullish.
It is recommended to enter long positions around 102400~102800, with a target of 104500~105000.
Short positions should be considered around 105000~104500, with a target of 102500~101500.
Everyone trades differently, but the desire to win is the same. The market will create a group of people and eliminate a group of people. Based on your recent performance, which group do you belong to?
Bitcoin tested the 105800 line yesterday and was once again pressured to drop, hitting a low around 100700. On the daily chart, the candlestick shows consecutive bearish patterns with a significant decline, and after this sharp drop, there has not been a quick rebound. The same is true on the four-hour chart; after a night of market digestion, although there was a halt in the decline, the downward trend has been established. The overall structure remains weak, so in the short term, we will focus on short positions, with attention on the 104200~103500 range above.
The market for $BTC has experienced a significant rise followed by a sharp decline. If you are trading alone, it is definitely difficult to find direction. However, we are a whole team fighting together; every direction and point is discussed by several analysts before being provided to our investors. Therefore, after the first long position made a profit of 6800U, the short position once again made a profit of 5900U, yielding a total of 12700U just today. If you also want to follow the guidance,
After a significant rise, the market has encountered a major drop. If you are operating alone, you will surely find it difficult to find direction. However, we are an entire team fighting together; the direction and entry points are discussed collectively by several analysts before being provided to our investors. Therefore, after the first long position gained 6800U, the short position made another profit of 5900U. Just today, we accumulated 12700U. If you also want to follow the guidance, 🉑➕
The overall price of Bitcoin is in a fluctuating upward trend, situated between the upper and middle bands of the Bollinger Bands. In the 4-hour chart, the price has moved away from the upper band towards the middle band, while the MACD red volume bars continue to weaken, indicating that the market may be entering a correction or downtrend. In the 1-hour chart, the price is near the upper band, and both MACD and KDJ are suggesting that the current bullish trend is dominant. However, the higher J value in the KDJ indicates that the market may be in a short-term overbought state, presenting a risk of a pullback.
It is recommended to enter short positions around 105500~105000, with a target of around 104000~103500.
Market conditions change rapidly, this suggestion is for reference only, and specific operations can be discussed privately.
On the other hand, moving averages can also serve as support and resistance levels. When the price drops near a certain moving average, it may act as support, preventing the price from falling further or even causing a rebound; when the price rises near the moving average, it may become resistance, stopping the price from rising further.
However, moving averages are not infallible; they have a certain degree of lag, so they should not be relied upon solely for investment decisions. Other technical indicators and fundamental analysis should also be considered.
The moving average has many functions. On one hand, it can reflect the trend of prices. If the short-term average (such as the 5-day average) is above the long-term average (such as the 20-day average), and both are moving upwards, it often indicates that the price is in an upward trend, with a higher likelihood of rising in the short term; conversely, if the short-term average is below the long-term average and both are moving downwards, it indicates that the price may be in a downward trend. #BTC交易
The Moving Average (MA) is a commonly used technical analysis indicator in financial markets. Simply put, it averages the security prices (such as stock closing prices) over a certain period and connects these average values to form a curve.
For example, the 5-day moving average is calculated by adding the closing prices of the last 5 trading days and then dividing by 5 to get an average value, calculated this way every day, and then these average values are connected with a line. #BTC交易
Yesterday, the Bitcoin trend was quite strong for bulls, with a large bullish candle on the daily chart that directly broke through the upper Bollinger Band. There were two attempts to test the upper resistance level, and it currently forms a doji candlestick with a slight pullback. If the market enters a stagnation phase, it is very likely to continue rising and breaking through. Therefore, the recommendation is to mainly go long on pullbacks, paying attention to entry points and arranging positions reasonably.
It is suggested to enter long positions around 102000-102500, with a target of 104000~104500.
I focus on the most stable swing trading combined with mid to long-term operations. Our team provides signals and reminders in real-time. The strategy is for reference only; specific operations can be discussed privately with me at #BTC交易 .