- Zhou Yanling: The script for the 4.10 surge has been postponed. Today, Bitcoin and Ethereum are pulling back for long positions.
Yesterday, Yanling's idea of shorting first and then going long was correct for the first half but wrong for the second half. The short position at the beginning was very profitable, but the long position later incurred losses. Fortunately, we all have the habit of using stop-loss, so we didn't lose too much. After calculating the profit from the short position at the beginning, overall, we still made a profit. However, this can also be considered a setback, so we cannot ignore this. Making a mistake is making a mistake. Yanling never shies away from admitting when his strategy is wrong. Even the stock god Buffett cannot be right every time, let alone us. So, making a mistake is making a mistake. There's nothing wrong with admitting and facing it. Making a mistake is not a big deal. The most important thing is how to reduce losses in time and turn losses into gains. This is a test of technical and comprehensive abilities.
Next, let's just dance on the candlestick chart because at present, doing too much trend analysis is not very useful. As you all know, whether it's being forced by the price or being overwhelmed by the decline, removing all the fundamental relationships that can affect the price of the currency itself, it is now returning to the bullish trend. If this situation is changed at any time, please believe that it won't just be us who suffer. It will definitely be the biggest harvest in recent years. When the sickle comes, hardly anyone can escape. This saying is very applicable in the trading world, but for now, it's still a peaceful situation. Today's strategy continues the bullish view from yesterday. Yanling firmly believes in going long today. The first support to watch for Bitcoin below is around 68000, and the second support is around 66400. As long as it runs above these two supports during the day, any pullback is an opportunity for us to layout long positions.
(For the trend analysis of other small currencies such as ETH, BCH, SOL, refer to the Bitcoin strategy. Specific position strategies are provided below; daily strategy analysis articles are first released on the public account "Zhou Yanling," and there will also be unscheduled real-time strategy orders in the Moments. Friends who want to follow more welfare orders or consult about getting out of the predicament can follow the public account at the end of the article to find Teacher Zhou.)
4.10 Bitcoin Operation Strategy:
Long at 68600-69000, stop loss at 300 points, target 70000-70400-70800.
Short at 70700-70400, stop loss at 300 points, target 69600-69300.
[The above analysis and strategies are for reference only. Please bear the risk on your own. The article review and release may have lagging strategies and lack timeliness. Specific operations should be based on Yanling's real-time strategy.]
This article is exclusively created and shared by senior analyst Zhou Yanling (public account: Zhou Yanling). The author has been engaged in financial market investment research for more than ten years, mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other currency circle contract/spot operations. With solid theoretical foundation and practical experience, he is good at combining technical and fundamental analysis, focusing on capital management and risk control. His operating style is steady and decisive. He is recognized by the majority of investment friends for his amiable and responsible character and sharp and decisive operations. If you need to know more about real-time investment strategies, trading techniques, operation skills, and candlestick knowledge, you can follow Teacher Zhou (public account: Zhou Yanling).
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