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Mingjie: BCH halving, how to seize the market opportunity?

CN
明杰谈币
Follow
2 years ago
AI summarizes in 5 seconds.

BCH halving, the market is surging, and it's hard to stay calm. Halving means reduced production, and the value may rise, so opportunities arise. But risks come with opportunities, so caution is needed. Pay attention to market dynamics, seize opportunities, and may all Mingjie's fans reap the rewards!

The market is like a battlefield, and every gain we make comes from our opponents. As long as we have dreams in our hearts and a path under our feet, we need not fear the wind and waves! Before the halving, Hangqing experienced a small wave of pullback, which I think had a minimal impact. Today's trend is oscillating and rising. We advised everyone to go long in the morning, and after a dip in the morning, it reached around 64500. Then it started a slow stretching rhythm. As of now, it has reached around 67000, which is also the target position we gave. Today, all our members have made different gains from our long strategy, and most of them have gained over a thousand points. Every step may be difficult, but it is full of hope. Believe in yourself and believe in the beautiful future. Come on, set off for your dreams!

Currently, from a structural perspective, Hangqing is expected to rebound again at midnight. It is still in the midst of a retracement. Looking at the 4-hour chart, the signs of bottoming out are obvious. Although the candlestick is below the 60-day moving average, it has entered oversold territory, so there will be a rebound in the future. The market briefly probed lower last night, but overall, there was no significant further retracement. The market has been slowly stabilizing, and we continued to participate in long positions in the evening.

BTC strategy: Long near 65600, target near 66900
ETH strategy: Long near 3320, target near 3400
For more information, follow Mingjie's official account

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Selected Articles by 明杰谈币

1 year ago
Mingjie: Will the $9 billion sell-off come? How big of an impact will it have on the market?
1 year ago
Mingjie on AICoin: The bulls were strong in the morning session, and continued to be bullish after a pullback in the afternoon!
1 year ago
Mingjie: Currently bottoming out, continue to short near the resistance of the rebound in the morning!
View More

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