Only when the mind is as calm as water can one achieve great success in investment. Making money is the only goal, everything else is just empty talk. Making money is the key. Hello everyone, I am Jinrui from the cryptocurrency circle!
Reviewing yesterday's two trading plans by Jinrui, a short position in the range of $63,800 to $64,100 yesterday afternoon yielded a profit of 800 points. A long position near $63,500 in the early morning yielded a profit of 2000 points. In summary, Jinrui's trading strategy yesterday resulted in a total profit of 2800 points!
Bitcoin rose by 3,000 points within 4 hours yesterday, and the real bull market is formed by "main investors."
Currently, the trading volume of main investors has not changed, so if the main investors actively buy in the future, further rise can be expected.
Events that may contribute to the rise next week:
U.S. election: If Trump takes the lead, along with an increase in the trading volume of main investors, and the start of Ethereum's ETF trading.
Currently, there is a large amount of liquidation near $67,000 to $66,800, so there may be a short-term decline. Jinrui advises everyone to remain vigilant about this.
[BTC 4-hour chart]
On the 4-hour level, if the Fibonacci retracement line is drawn from yesterday's sharp rise and low point, the 4-hour 25EMA and the 23.6% Fibonacci height coincide.
Because a sufficient retracement is needed for another rise, it is best for friends without positions to confirm the retracement before entering the market.
[BTC 1-hour chart]
~July 20th 1-hour level short-term entry point~
① Buy long on the retracement at the 25EMA support level. Due to the shallow retracement, it is recommended to hold a low leverage position.
Entry price: $65,600 to $65,700.
Stop loss: $65,000
Target price: $67,000
② Long position in the $64,000 to $64,400 range
Stop loss: $500
Target price: $67,000
The price fluctuation over the weekend may not be significant, so let's prepare for next week together this weekend. No one can predict the future, all we can do is gradually accumulate profits by facing the charts.
If you want to receive real-time information later, please like & share to let me know 🙌🏻. If this is helpful to you, I hope you can like ❤️ and follow, and look forward to your support.
I have years of in-depth research on spot contracts, BTC, ETH, and various altcoins. If you are not doing well in trading, experiencing long-term losses, or getting stuck in trades, you can follow my public account (Jinrui in the cryptocurrency circle). Investment involves risks, so be cautious when entering the market. The market fluctuates every day, and all I can do is to provide help based on my years of practical experience, guiding your investment decisions and management in the right direction.
The end of the article and other advertisements in the comments section are not related to me personally!! Please be cautious in distinguishing between true and false information. Thank you for reading.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
