Professional long short leveraged trading!Share a stable and profitable trading systemLet's take a look at BTC firstLooking at the weekly chart, we have been pulling the bullish line for two consecutive weeks, and the bullish trend is strong. In yesterday's and the day before yesterday's articles, the author said that the opportunity for BTC short orders belongs to the high short line, and those who are willing to do it can also do it
Professional long short leveraged trading!
Share a stable and profitable trading system
Let's take a look at BTC first
Looking at the weekly chart, we have been pulling the bullish line for two consecutive weeks, and the bullish trend is strong. In yesterday's and the day before yesterday's articles, the author said that the opportunity for BTC short orders belongs to the high short line, and those who are willing to do it can also do it. The probability of BTC continuing to pull up is not high, even if it does, there is not much room for it. Therefore, it is possible to layout short orders, and long positions cannot rise much. If you step back, boldly open long positions, with short orders closing at around 32000 and long orders opening at around 32000. Everyone should take care of themselves.
Everyone, look at the sky chart. There are both evening stars and single needle bottoms in the sky chart, which belongs to high level consolidation and lacks upward momentum. If you make orders, the author suggests that you mainly focus on short orders around 34000 and multi orders around 32000. The sky chart should fluctuate for a period of time and not fall so quickly. It needs to fluctuate and trade space for space.
Let's take a look at the four hour chart again. The four hour chart has fallen below the EMA50 moving average and pulled back again. There is also a morning star, which belongs to the morning star of high volatility and decline. Although its strength is not strong, it also indicates that BTC has strong bullish support. Looking at this situation, there will be a chance to hit 36000 again. Friends who open BTC short orders should be mentally prepared.
Let's take a look at ETH again
Everyone, look at the weekly chart and the candle chart above the moving average. The bullish trend is strong, and ETH will definitely break through the previous high. It is not difficult to hit 2000, or even 2200. The moving average is still very close, and there will be divergence in the future. Once the moving average diverges, it will be a big rise, and ETH will definitely rise again. Be prepared for multiple orders.
Let's take a look at the sky chart. The red line in the chart is a very important inflection point line, approximately at 1780. The circle I drew in the chart is the resonance point. The more resonance points there are, the more important this inflection point line is. Therefore, we will focus on whether the candle chart is above or below the inflection point line. If it is below, it indicates that the rise is blocked, If it is stated above that an upward trend is about to be initiated.
Continuing to look at the sky chart, the horizontal line in the chart is the position of 1780. Previously, we mentioned in the article that 1800 is the resistance level, but now based on the resonance point, the support level of 1780 is stronger, and now the candle chart has support of 1780.
As time goes by, the daily moving average of the chart is also starting to diverge, and the EMA15 moving average will gradually become support. The previous day's sharp rise has not shown much pullback, and not pullback indicates strong bullish strength. Moreover, today is a single shot bottom. The author believes that around 1790, ETH's multiple orders can be confidently done and stop losing 1670. Since there has been a single shot bottom, it indicates that it is difficult to decline. The author believes that the support function of the inflection point line is much stronger than that of single needle bottoming out. Brothers, with more orders, rest assured and work boldly!
Let's take a look at the four hour chart again. The four hour chart is also a single shot bottom, indicating that ETH is difficult to fall. Now that the market has given us a signal for multiple orders, we can boldly take action. The author said a few days ago that ETH is very strange. Today, I will tell you to rest assured and be bold in multiple orders. Is it a contradiction? Actually, it's not contradictory at all. That's why the market will give us an order signal, as the author has also said.
If we don't understand the market, we won't do it. If the market is too complex, we won't do it. If we go too long and don't understand or understand the market, we will definitely lose a lot. The simpler the market, the easier it is to make money.
The author places ETH's stop loss at 1670, which is a difference of $120 from the opening price of 1790. Would it be significant? Our strategy is to have a light position, long term, and large stop loss. This way, it is not easy to sweep and burst positions. For example, currently, ETH is at a high level, and it is possible to insert a pin and quickly pull it back. If you set a stop loss of $20-30, it is particularly easy to sweep losses. Therefore, you can use up to 5% of the position, and do not open up 10-20% of the position too easily. Heavy positions cannot be used casually, it depends on the timing, For example, on October 20th, ETH opened with a 10% heavy position near 1610. As it stabilized at the bottom and bulls immediately started, it was difficult to fall by 3%. Therefore, I dare to take a heavy position and take a gamble.
The position of 1790 cannot be overstated. A 5% position is sufficient. An increase of 10 points will increase your account's profit by 50%, earning 500u from 1000u and 5000u from 10000u.
Next week, we will do a good job with ETH. Next week, ETH is expected to break through 2000, and there is no need for a 10% increase to reach 2000. I believe it is easy to pull it up. If it breaks 2000, it will break through the chip intensive area, perhaps directly reaching 2200. Everything is possible. BTC also rose 17% overnight and directly reached 36000.
ETH's weekly chart and daily chart are both strong bulls, so ETH's multiple orders around 1790 can be done with confidence and boldness. Whoever opens multiple orders will make money, and whoever can hold multiple orders will make big money!
Investment carries risks, and caution is necessary when entering the market!
Personal opinion, do not make any investment suggestions!
The transaction is simple, as long as you can wait
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