Zhao Qinchuan: Close the short position for profit and exit, with follow-up operations later in the day.

CN
1 year ago

Missed opportunities, to seize opportunities, one must be brave to try. Different attitudes towards life lead to different results. Without great ambitions, even with the help of influential people, one will ultimately achieve little. Countless difficulties are not insurmountable; the success story of an investor is actually a story of learning and growth. The journey is tough, but don't forget the original intention, and you will eventually succeed.

2023.9.14 BTC——————

Yesterday's price completed a range oscillation. The short position rebound of Bitcoin in the morning successfully activated at 26500 and took a profit of 400 points. Congratulations to those who followed!

Returning to the intraday, Bitcoin's daily line continues to rise, so yesterday's range operation advice was given, and the virtual support once again came to the 26000 level. The selling pressure above can still be focused on the vicinity of 26800. Although there is a clear bullish trend intraday, stable upward trends will inevitably experience highs and lows, and consolidating bottom support is necessary to continue the rise. Therefore, a short position at 26800 can be taken on the daily line. In the short term, the four-hour coin price has reached the BOLL upward channel, with support at 25800 and selling pressure still focused on the 26800 level. Combining the above suggestions, layout long positions after the intraday rebound short position.

Pending orders:

Short at 26700-26900, defend 300 points, target 400-600 points

Long at 25800-25600, defend 400 points, target 600-800 points

2023.9.14 ETH———————

The daily situation of Ethereum does not show significant gains, and the target of 1650 mentioned yesterday has not been reached. This kind of gain is not normal, so the daily price of Ethereum should stabilize around 1640. In the short term, the four-hour chart has already reached the BOLL upward channel, with support around 1590. Therefore, considering the situation on the daily chart, aggressive traders can enter long positions at the current price.

Market orders:

Long at 1612, target the breakthrough of 1640. Defend around 20 points

Pending orders:

Short at 1682-1670, defend 30 points, target 40-60 points

This article is exclusively created by senior analyst Qin Chuan, who has been researching Bitcoin, Ethereum, contracts, spot, gold, forex, stocks, and other investment fields for many years. Currently, he mainly guides contract operations and has solid theoretical knowledge and practical experience. He is good at combining technical and fundamental analysis, emphasizes capital management and risk control, and has a stable and decisive operating style. He is widely recognized by investment friends for his amiable and responsible character and decisive operations. For more real-time investment strategies, trading techniques, operation skills, and candlestick knowledge, follow the public account: Zhao Qin Chuan.

Disclaimer: The above analysis represents the author's personal views and does not constitute specific operational advice. Trading based on this information is at your own risk. Investment carries risks, so be cautious when entering the market.

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