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Bitcoin 5000 point layout! Evening market analysis update for December 20th.

CN
币上丞
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2 years ago
AI summarizes in 5 seconds.

Under the strong light, there are no clouds, and the sun is always shining.

I want to dance with Zhuang, just for a certain look from you. Real-time guidance 24 hours a day, helping to quickly increase positions.

Trend/position/skills, all three are indispensable!

Click to view: Analysis of the evening market on December 20

Yesterday, Dabing provided a strategy to focus on building long positions around support. Based on the top and bottom conversion, an aggressive support at 42300-42500 was suggested for short-term entry. The first round of retracement in the evening was indeed accurate, and a small profit of a few hundred points was made. Since the long position entered the previous day, a profit of 3000 points was easily reached during the day, reaching the pressure level of 43500 as suggested by Cheng Cheng. Then, a subsequent short position led to a profit of over 1000 points in the evening. The fan group suggested a short position for Dabing at 42300-42500, while the stable layout for long positions after the retracement was around 41500-41700. As expected, the stable support reached around 41700, and the market began to rise rapidly. The rebound reached around 42800, resulting in a profit of 1000 points for the long position after the retracement! In the past few days, continuous layouts for both long and short positions have been successful. In addition to Cheng Cheng's precise sharing of support/resistance levels, one's own courage and decisiveness are also indispensable. Even with precise positions, without action, everything is just talk. Just in the past two days, the long position was closed, followed by a short position, then another short position was closed, and finally a long position was entered. At this point, the total profit from both long and short positions has exceeded 5000 points!

The decline in Ethereum yesterday was slightly greater than that of Bitcoin. First, a long position was entered smoothly around the support range of 2120-2140, then a long position was closed at the previously provided resistance level of 2250, and a short position was entered directly at the resistance level, followed by a short position exit at the support level. The support level was reached again at 2120-2140. These three moves were completely within the high and low range, and the accuracy of the layout couldn't be better. Currently, Ethereum is still breaking through, and in the past two days, there have been nearly 300 points of profit from both long and short positions. This is how the market is. There is no need to overthink. Many people have been worried about whether it is a trap for long or short positions, whether to go long or short, or whether there will be a breakthrough today. Their focus is always on some insignificant matters. But what if there is a breakthrough? What we should do is to make some profit before that happens. As long as there is no breakthrough for a day, I can make a day's profit. Eventually, there will be a breakthrough. What's the point of being stopped out once? With so many previous profits, being stopped out once can avoid a big market and can also test the direction and re-layout. The key to making trades and investments is to figure out where the success rate of trying at a certain position will be higher, or how to defend, and where the support and resistance levels are. This is where we should learn and understand. As the saying goes, when it's time to enter and exit, whether it's spot or futures, go in and out at the right time. Why is it so difficult?

For guidance on small coins, please follow the public account of Cheng Cheng for real-time guidance!

This article is exclusively created by Teacher Cheng Cheng, specializing in the style of mobile lock-in tactics focusing on high and low support and resistance, short-term swing high and low, and medium to long-term trend trades.

Friendly reminder: The content at the end of the article and in the comments section is unrelated to the author. Please discern carefully between true and false. Thank you for reading!

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