In this market where other people's money is put into one's own pocket, I genuinely hope my fans can make money. I am honored and happy to receive your attention.
There is a very foolish method of trading cryptocurrencies, but it can make money.
Teaching a man to fish is better than giving him fish. At the end of the article, I have prepared some very practical tips for everyone.
First step: Add cryptocurrencies that have risen in the ranking within 11 days to your watchlist, but be careful to exclude those that have fallen for more than three days, to avoid capital escaping after making a profit.
Second step: Open the candlestick chart and only look at cryptocurrencies with a MACD golden cross at the monthly level.
Third step: Open the daily candlestick chart, here only look at a 60-day moving average. As long as the cryptocurrency price pulls back near the 60-day moving average and a strong volume candlestick appears, then enter the market with a heavy position.
Fourth step: After entering the market, use the 60-day moving average as a standard. If the price is above the line, hold; if below, exit and sell. This is divided into three details.
1. When the wave's increase exceeds 30%, sell one-third, 2. When the wave's increase exceeds 50%, sell another one-third, 3. This is the most important part and the core that determines whether you can make a profit. If you buy on the day and the next day some unexpected situation occurs, and the price directly breaks below the 60-day moving average, you must exit entirely. Do not harbor any wishful thinking. Although the probability of breaking below the 60-day line using this method of selecting coins based on monthly and daily lines is very small, we still need to have risk awareness.
Protecting the principal is the most important thing. However, even if you have already sold, you can wait until it meets the buying conditions again to buy back.
Ultimately, the difficulty in making money lies not in the method but in execution. “When the price directly breaks below the 60-day moving average, you must exit entirely. Do not harbor any wishful thinking.” Just this one sentence has killed 90% of people.
Tips: I have summarized some basic knowledge of candlesticks and some commonly used indicators into a summary document, which everyone can obtain (for free). I sincerely thank everyone for their attention and support!
This post will always hold true for anything I say! #阿根廷总统MEME币争议
Yesterday, this short position $BTC hit a loss, so let's review this failure case. Although it was not successful, reviewing can help us understand where we went wrong, right?
First, the entry point for the trade was merely for the sake of trading. In fact, the range between 84000-86000 in recent days is not a good position to enter a trade. Previously, the market analysis mentioned that it is better to enter long below this range and take profit above it. Yesterday's short position can be said to have been a forced trade; entering at the wrong time greatly increased the probability of hitting a loss later on.
Next, let's talk about the stop-loss level. There is actually nothing wrong with the stop-loss level; the pressure at 86000 yesterday was still very strong, as evidenced by the attempts to break through this level during the day that ultimately failed. Why set the stop-loss here? First, it is a level with significant pressure, making it a position that is easy to defend but difficult to attack during a struggle. If the price breaks through this level, it would stabilize and switch from pressure to support, leading to greater pressure to break even later. So, there is nothing wrong with this level; the only aspect we couldn't account for is the 'spike' because this spike is something we cannot control. If we try to control this spike, the stop-loss level or the cost could be too high. Therefore, there is no issue with the entry point.
As for taking profit, everyone will have different biases. If you can withstand the pullback, you can achieve greater profits, but the risks will also be higher. Another saying is 'sell high, always profit'; when you reach the pressure level in your own trading system, reducing your position or taking profit to prevent profit reversal is also a good choice. Therefore, in terms of taking profit, it's not about where the teacher's levels are, but rather about what your own thoughts are.
April 15, 2025 Market Analysis Yesterday's market analysis mentioned going long in the 82450-84200 range, with profit-taking targets in the 86000-87600 range. Those who took long positions yesterday can exit partially or fully at this position today. The author did not manage to place a long order yesterday and made a small short order today, currently at the edge of a loss (setting a stop loss at 86000 for everyone), but it’s not a big issue, just follow the trend. If this wave is missed, there will be another.
Technical Aspects: The current BTC price is 85400, positioned in an upward channel on the daily chart, and a rising wedge is forming on the 4-hour chart, indicating a short-term bullish trend. RSI has risen to 60, not yet entering the overbought zone, and the MACD golden cross continues with steadily increasing volume, suggesting that bulls still have room to maneuver.
Macroeconomic Aspects: The retreat of the US dollar index provides BTC with a breather, and expectations of relaxed cryptocurrency regulation from the Trump administration continue to boost market sentiment, with stable ETF inflows. However, global economic uncertainty and expectations of interest rate hikes from the Federal Reserve could trigger short-term volatility, necessitating attention to the correlation of risk assets.
Support and Resistance Levels Support Level: The first support level is 84000; if it fails, attention shifts to 82500, with further downside to 80000. Resistance Level: The first resistance level above is 86000; once broken, it can be seen at 87500, and if momentum is sufficient, it may challenge the psychological level of 90000.
Currently, at 85400, it is in a high consolidation area, so caution is required for pullback risks.
Trading Advice: Short-term advice suggests cautiously chasing long positions; aggressive traders can attempt to go long near 85400 with light positions, setting a stop loss at 84000 and targets at 86000-87500. If it bounces back and stabilizes at 84000, one can add to long positions. For short positions, wait for clear signals of resistance at 86000; conservative traders can try to short near 87500, with a stop loss set at 9000. Strictly control position sizes and pay attention to changes in volume and macroeconomic news.
Currently, the daily chart shows an ascending wedge, with a bottom divergence at the weekly level, still indicating a rebound and not a reversal. A few days ago, I mentioned a short around 85,000 (yesterday I advised everyone to take profits), and today it is still hovering around 85,000, further demonstrating that this level is a significant resistance
Additionally, with Trump's unpredictable stance on tariffs, it increases market uncertainty
In terms of operational suggestions: I personally will enter a small long position at 82,450, and if it doesn't drop further, a good rebound can be expected around 78,500, where a larger position can be taken
The Reasons Behind OM's 90% Plunge, Digging Deep to Explain!
The cryptocurrency project MANTRA (OM) is essentially an 'on-ground OTC platform'. What is an on-ground OTC platform? Its main operation is in over-the-counter trading, reaching a scale of $500 million. Its operation is particularly problematic; it uses new OTC tokens to take over the old OTC sell-off, and it keeps cycling like this. This model will inevitably run away in the later stages; by the time those unlocked chips can't be sold in over-the-counter trading, the whole scheme will collapse.
In 2023, OM's fully diluted valuation (FDV) dropped to $20 million, almost abandoned.
$OM Don't ask why you're so awesome, how much have you made?
Opened small, making money 🙄 Yesterday's BTC took profit, there are also mentions of the square
I didn't intend to teach you anything with this post (even if I did, no one would listen), so now it's just pure showing off
This order was also placed by a robot; after showing off, I should be able to enjoy my meal a bit more 😀
OM/FLR/TAO/XCN
安-鑫
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Bearish
$OM Major Cut, Predicted Long Ago
It's not hindsight; this kind of coin has definitely been predicted to be cut months ago. Why?
It's purely a single-player coin; all trends are the result of the manipulators' tactics. Such heavily controlled coins are meant for cutting. Otherwise, do you think the manipulators would raise it so high for fun?
This ID just has slightly poor language skills and doesn't express well, but there are still things to say 😀
It's not hindsight; this kind of coin has definitely been predicted to be cut months ago. Why?
It's purely a single-player coin; all trends are the result of the manipulators' tactics. Such heavily controlled coins are meant for cutting. Otherwise, do you think the manipulators would raise it so high for fun?
This ID just has slightly poor language skills and doesn't express well, but there are still things to say 😀
Prosperity will inevitably decline, but there is no need to panic, Bitcoin has not reached the level of 'prosperity' yet.
As a globally accepted asset, Bitcoin is now more like the Nasdaq after the ETF approval, rather than a safe-haven asset, and the stakes are self-evident. Why is it more like the Nasdaq? There is no obvious bull or bear market; when the economic bubble reaches a certain level, it will burst, but changes in the broader environment can slow down and improve the situation to a certain extent. The purchasing power of $100 twenty years ago is completely different from now; similarly, wages today have multiplied compared to twenty years ago, although they haven't outpaced inflation (but we are not yet at the stage of 500,000 marks for a loaf of bread). Therefore, with continual changes in the broader environment, it is difficult for Bitcoin to experience declines like the previous drop from 70,000 to 15,000.
If you bought the Nasdaq before May 15, 2024, you would have been in profit since your purchase, with no losses. Similarly, if you bought BTC spot between 72,000 and 80,000, you will witness your own one-sided upward trend.
Until the current world's economic powerhouse, America, transitions to the East.
As a side note: Prosperity will inevitably decline; this is an unchanging natural law. Back in the day, the Qing Dynasty went from being the world's leading silver power to being divided up, suffering from opium addiction to becoming self-sufficient and exporting opium. Can the current America escape this fate?