Track real-time hotspots in the currency circle and seize trading opportunities during the trading day!
Hello everyone, I am Jin Lun, with 8 years of experience in the market, good at interpreting news, real-time layout trading in the short and medium term, precise control of positions, and stable returns! The trading principles are to seize entry opportunities, conduct good technical analysis, know when to stop, take timely action, be prepared for the future, and prevent problems before they arise. Real-time monitoring, online guidance, with Jin's assistance, you will have a better understanding of the currency circle and achieve a win-win situation in flipping positions! - Jin Lun
Follow the "Jin Lun Says" public account: Trading is an investment in value, selection, timing, analysis, cycle, and patience are all indispensable. Do not let temporary losses affect the correct judgment of the overall trend, and do not let short-term gains or losses affect your trading mentality. Keep a calm attitude, follow the trend, and everyone can be a king in the currency circle!
Review: After the recent downtrend and sell-off in the market two days ago, Bitcoin and Ethereum gradually rebounded from the bottom at 24,800 and 1,530 points, respectively. The high points once again approached the resistance levels near 26,300 and 1,610 points. Looking at the performance of the trend on the daily and weekly charts, there is still no trend reversal above the high points. In the short term, the daily chart structure is also suppressed by the smooth line above the MA30 moving average, and the volume did not show a bullish structure in yesterday's rebound. The short-term upward structure of the market has not yet formed. Therefore, Jin Lun believes that the trend of continued short-term pullback will be more obvious, and the direction is still more prudent with a bearish mindset at the high levels!
BTC: Recommended short entry at 26,100-26,300 points, risk control at 26,800 points, target at 25,300 points.
ETH: Recommended short entry at 1,610-1,620 points, risk control at 1,650 points, target at 1,550 points.
Main currency pair recommendation: BTC/ETH contract
Trading style: Follow the trend, box trading strategy.
The strategy is for reference only, the currency market is risky, and investment needs to be cautious!
Public account QR code:
Friendly reminder: The WeChat public account at the end of the article is created by the author!
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