Looking back at the market, after Ethereum tested the 1560 support on the weekend, confirming that the support was effective and quickly rebounded, it is now stabilized above 1600. As we mentioned previously, each round of decline is for a better rising, so we laid out long positions between 1560-1580, and now the profits are quite good. However, from the...
The recent trend of gold is relatively stable. After falling below the support of 1820, it operates repeatedly in the range of 1820-1805. Short-term operations can be conducted by high-selling and low-sucking in this range. In the long run, the trend is weak. The market falling below the support line of 1800 is just a matter of time, but the support below is...
Stage One: Fear of Entering the Market Beginners often hesitate and feel uneasy when entering the market for the first time. Once they finally make the decision to enter, they become anxious as they watch their account balance fluctuate. They cannot maintain a calm mindset and constantly monitor the market. They quickly exit the market after making a small...
The Bitcoin trend has been relatively stable in recent days, hovering above 23000 and stabilizing basically. There has been no major breakthrough. From the daily chart, the high point of the previous five waves is around 25000. At present, a new trend is brewing. We have long positions near 22800, and are in a profitable position in the short term. Before the...
After breaking through the 1820 level, gold has begun to test the critical support line of 1800. The overall trend is still downward, with small fluctuations during the day. It is recommended to sell short on rallies. Personally, I suggest placing short positions around 1820-1825, with a target of 1810-1800, and paying close attention to the support at 1800. I...
The recent strategy we have been following for crude oil is short-selling, but every time we experience a decline, it quickly rebounds. The overall trading range is relatively large, and there has not been an effective breakthrough in the market. We need to be patient and wait. Regarding operations, I still prefer to sell on rallies. I will gradually enter the...
We started laying out long positions for Ethereum's midline over the weekend. After testing the 1560 support below, the market quickly rebounded above 1600. Currently, there has been a slight pullback at the 1650 resistance level. In the short term, the focus is on whether this resistance will be broken. If an effective breakthrough occurs, further upward space...
Currently, Bitcoin is trading above 23,000 points. Our long position, which we established around 22,800, is continuing to make profits. Friends with small funds may consider taking profits and exiting, while friends with sufficient funds may reduce their positions and continue to hold, as the market is expected to surge above 24,000 points. It should be noted...
Last Friday, I entered a short position on crude oil at 76-76.5, and successfully exited with a profit. However, the market then experienced a strong rebound, highlighting the importance of setting stop-profit orders in advance. It also indicates that crude oil has a relatively strong resistance to falling, but the overall trend remains bearish. Therefore, my...
There has been a downward shift in support in the recent trend of ETH. The previous support at 1580 was broken and further tested the support level at 1560. However, 1560 successfully stopped the decline and rebounded back near 1600. The overall rebound amplitude was relatively large, indicating that there is a demand for an upward trend. However, it is...
After experiencing a sharp decline, we began to strategically position ourselves for long-term bullish trades yesterday, relying on the 22800 line to begin our layout. Today's market is relatively stable and overall trend is in a sideways consolidation phase. The lack of further breakouts below is good news. Once again, it should be emphasized that long-term...
Firstly, I'd like to state my opinion that I'm bullish on the long-term trend of Ethereum. The market is known for its fluctuations, and it's only after experiencing a decline that a better upward trend will emerge. The current decline was expected as the support level of 1580 was to be tested. After testing the support level in the short term, the market began...
The strength of the US dollar index has exceeded people's imagination, and non-US currencies have also experienced a long-term decline. From the 4-hour chart, the current market is still in a downward trend, and there is no sign of a rebound yet. Therefore, a rational analysis is necessary. Although there may be a small upward trend in the short term, the market...
Unfortunately, our previous long position in Bitcoin was stopped out after experiencing a strong decline. Every time we make a short-term investment, we set strict stop-loss orders and wait for the next entry opportunity. Although Bitcoin's decline was strong, the downward trend did not continue, and there is support at 22,800. We will continue to make long-term...
Following a prolonged period of volatility, a significant breakthrough occurred on Friday below 1820, ultimately resulting in a drop to 1810. As previously analyzed, the primary approach for next week's operations remains to sell at high levels, with a target of around 1800. For those who are still buying, it is recommended to exit above 1820 as the market will...
Crude oil met yesterday's expectations and experienced a fairly decent rebound trend. However, crude oil is still on a downward trajectory and the trend has not yet reversed. At the same time, there is a demand for a pullback in the market. Therefore, my personal recommendation today is still to focus on shorting at higher levels. Specific points: 76.5 sell tp1 ...
First of all, I'll give you an answer to this question. Learning technical indicators is helpful for analyzing market trends to some extent, but you can't rely solely on technical indicators to place trades. If a certain indicator truly had this ability, it would disrupt the market balance and create a large number of wealthy people. Let's talk about why we...
1. Heavy Positions Lead to Defeat Regardless of whether it is a long-term or short-term trade, the choice of position size may be more important than the direction chosen. Even if the short-term direction is chosen incorrectly, it is still possible to profit through position adjustments. However, if there is a habit of heavy positions in every trade, the space...