People often say that letting out their temper is instinct, and controlling their temper is a skill. Keep yourself busy, so busy that you don't have time to think about trivial matters. After entering the market, don't worry about various things. The market won't change because of someone's worries. The only thing to do is to patiently wait for the judgment time gives! Every week is a new beginning, and as long as you decide to start each day, it will become a beautiful tangent on the circle! Regardless of past gains or losses, execution comes from trust, and anticipation comes from working together!
Hello everyone, I am trader Gege. A friend who is willing to accompany you to make a comeback! Following the previous message, the short-term long positions in the previous article yielded certain gains at that time, so I won't repeat it here. I took a break during the holiday, and internally provided a strategy. On the 4th, I kept emphasizing that the technical aspect had already bottomed out. As long as the position arrangement was reasonable, one could go long at will. Friends who executed the strategy should have done well. After completing the bottoming out, the market has been moving in an upward channel with higher lows. Today, Monday, ushered in a surge of over $3,000.
In this bull market, we cannot completely rely on historical trends. A high rise is never a reason to be bearish, and a significant drop is never a reason to be bullish. During the rise of the "big cake," one must not use past thinking habits to understand, nor should one speculate just for the sake of speculation. The outlook for the future has been detailed in previous articles. The macro-level halving is about to take place, and there are some unfavorable news factors. News is an unknown variable, but regardless, as the time approaches, we must be cautious in facing the market. Let's return to the technical aspect.
After the weekly K-line formed a shadow candle, the market surged at the opening today. The previous market retraced to the 7-day moving average and received support, which can still be observed for the time being. The technical aspect still maintains an upward structure, and we should also be cautious of the appearance of needle-like market movements. On the daily chart, a W-shaped pattern has formed. Currently, the market has virtually broken the neckline and is simultaneously facing resistance from the upper rail. If the market can break through 73,000, then the previous high is not the peak, and the market will continue to refresh historical highs. The key focus now is whether the 73,000-73,500 level can be broken and stabilized.
On the 4-hour chart, the market has broken through the upper rail and is in a runaway operation. Currently, a retracement is needed to adjust the indicators and technical requirements. The current approach is to take it step by step, as the market's needle-like movements will become more frequent. For the "big cake" operation, it is recommended to go long at the 70,600-69,600 level, and if it breaks below, to intervene at the 69,000-68,300 level. The key focus above is the 73,000-73,500 level. If it can break through and stabilize, we can look for new highs at the 75,000-76,000 level. As I mentioned before, I have expectations for it to make up for the rise, so we just need to wait for the return of speculative funds. Today's article ends here, and we'll see you next time. For more real-time advice on the "big cake," find Gege. The advice is for reference only. Enter the market with good risk control, and manage profit and stop-loss spaces on your own. Specific strategies should be consulted during trading.
Investing is a rational behavior, which is long-term, even lifelong. A successful investor should persist in not being influenced or misled by market emotions, always remain calm, not be elated by rises, not be afraid of falls, focus on long-term value analysis, and let rational and mature investment concepts, rather than emotions, control your investment behavior, eliminating all irrational buying and selling impulses. Only then can your investment have a stable future.
Many individual investors are unable to enter the trading arena simply because they lack a guide. Many times, the problems you ponder over can be easily solved with a single piece of advice from an experienced person. Daily real-time market analysis of currencies such as BTC, ETH, BCH, LTC, EOS, XRP, DOT, etc., is promptly disclosed in the circle of friends, and there is also guidance in the experience exchange group. There is 18-hour online market analysis and operation guidance every day. Feel free to scan and add to get real-time guidance. Note! The contact information below does not belong to me!
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