[Today's market 11.17 video](//BTC, ETH today's market (11.17) operation points and thoughts. High-level large-scale washing, it's time for a big move. - Trader Lao Wang's article - Zhihu https://zhuanlan.zhihu.com/p/667348081)** or click to open: https://zhuanlan.zhihu.com/p/667348081**
Today's market 11.17 video** or click to open: https://weibo.com/7860089005/NsYMYhsSj**
Today's market 11.17 video** or click to open: https://youtu.be/SYIEnUoDLvI**
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✿As predicted in the previous three videos: High-level large-scale washing, it's time for a big move. It is estimated that BTC will continue to fluctuate between 34700-38000 and ETH between 1930-2090 in the next two to three days. It is advisable to set good stop-loss orders for shorting at high levels and longing at low levels.
✿The upward trend has not changed, with important support at 33200 below. If it does not fall below, there is a possibility of reaching a new high. If it breaks, there is a high probability of a deep pullback.
✿BTC, ETH short-term reversal retracement completed, set good stop-loss for short positions.
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✿ETH: Positions at 1552, 1760, and near 1790 for profit-taking long positions that have not been closed have moved stop-loss or reduced holdings for ETH1960. For remaining positions and positions at ETH1925, it is recommended to set break-even stop-loss or the low of the current cycle. For short positions entered at 2030, maintain original stop-loss or high of the current cycle.
✿BTC: Positions at 25700, 26100, 26700, 33400, and 34300 for profit-taking long positions that have not been closed have moved stop-loss or reduced holdings for BTC35000, with remaining positions recommended to set stop-loss at BTC34300. For short positions entered at 37400, maintain original stop-loss or high of the current cycle.
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"Operation Points" published on 2023.11.17.12. (Limit orders are very dangerous, stop-loss losses may be significant! Please operate with caution)
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BTC short-term operation suggestions (After the activation of the points, profit and loss are at your discretion): (Attempt) Long near 33400, stop-loss at 32900, target 36300 or above; Long near 31500-30300, stop-loss at 29600, target 33400. Short near 39600-4210, stop-loss at 42500, target 38000 or below.
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ETH short-term operation suggestions (After the activation of the points, profit and loss are at your discretion): Long near 1870-1820, stop-loss at 1780, target 2030 or above. (Attempt) Short near 2110, stop-loss at 2170, target 1870 or below. (Attempt) Short near 2290, stop-loss at 2315, target 2120 or below. Short near 2450, stop-loss at 2485, target 2120 or below.
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Special reminder: Do not trade frequently, do not make counter-trend limit orders.
The operation points are fixed after publication, but the market changes rapidly like a battlefield. In order to reduce risk, increase the winning rate and profit, it is strongly recommended to watch the more scientific methods in the video for a comprehensive understanding.
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Lao Wang's Quotes
✿Do not hold positions, the profits brought back will eventually be given back to the market.
✿Do not guess the top or bottom, the profits from guessing will eventually be given back to the market.
✿Do not guess the top or bottom, because it may still be halfway up the mountain.
✿Do not rely heavily on news, because that is still "guessing" the top and bottom.
✿Do not easily exit when in profit, because you may be running halfway up the mountain.
✿Do not get excited when you see big bearish or bullish candles, because it may be a "show" for you to see.
✿Do not think that the market you see is the last wave of the market and act recklessly; as long as your capital is still there, there will be a market every day.
✿Do not trade frequently, not only will it make you lose sight of the big direction and increase the probability of making mistakes, but it will also increase trading costs, which is not worth it.
✿Do not make counter-trend trades, hold firmly if correct, and run quickly if wrong.
✿Do not buy out of greed for low prices, nor sell because of high prices, do not act recklessly without a change in trend.
✿Do not make trading your main occupation, do not stare at the screen, the time spent staring at the screen is inversely proportional to the profit.
✿Do not easily trust others' opinions, unless you are sure they are worth your trust.
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☯Trading is the most difficult skill to master, the more delicate, the lower the risk, impatience and roughness will be extremely dangerous.
☯Qualified traders not only grasp the direction of the major trend, but also must have the ability to perceive micro changes, because any major market movement starts from the one-minute cycle and never returns…
☯Rather than envying the fish at the water's edge, it is better to retreat and set up a net.
☯Accumulating wealth of millions is not as good as having a skill.
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