BTC and ETH (May 28th) market, operation points, and predictions. BTC is probably entering a downtrend again, coming back is an opportunity.

CN
11 months ago

The truth is always held by a minority, otherwise there won't be enough rice to go around.

Open the video "Today's Market 5.28": https://zhuanlan.zhihu.com/p/700270119

Open the video "Today's Market 5.28": https://weibo.com/7866282591/OgmyNeQnM

Open the video "Today's Market 5.28": https://youtu.be/ViK4yGzS5_A

(Video recording time: 2024.5.28.10am)

☀ BTC major trend: upward;

Minor trend: upward;

Short-term trend: downward;

BTC spot or low leverage: wait for a pullback.

☀ ETH major trend: upward;

Minor trend: upward;

Short-term trend: downward;

ETH spot or low leverage: wait for a pullback.

✿In the previous video, Lao Wang believed that based on the current external conditions, there is a possibility that BTC may replicate the market from April to October last year, creating panic and liquidating long positions again. The price may fluctuate between 73000 and 57000, with 65000 as the central support and resistance. It may not show improvement until August. If this is the case, then ETH may also fluctuate between 3470 and 4050-2860, and it is advisable to short at high points and long at low points within these ranges. However, the uncertainty of Ethereum is that there may be positive news from early to mid-June, adding more uncertainty.

✿Those who have not entered and need to add positions can try to automatically go long at EMA60 on the 4-hour and 12-hour levels, with a stop loss not exceeding 1%. (Not every exchange has this function, if you are not sure, you can ask me)

✿BTC resistance levels are near 80300 and 89000, and ETH resistance levels are near 4740 and 5470. These are mid-term territories in the bull market, and the altcoins will start to take turns to dance. Recklessly shorting is like a mantis trying to stop a car or a cicada shaking a tree. Unless there is an effective long and short watershed above the 2-hour level, you can try it.

Trading without my analysis is trading without me. Analysis is subjective and speculative, and trading must be done in line with the trend. As long as the market provides opportunities, whether long or short, you should strive to maximize profits at the lowest cost. If you are right, hold on; if you are wrong, run away quickly.

(For details, please watch the video)

✿ETH: Automatically go long at 2839 by touching the 12-hour RSI6-20 indicator and set a moving stop profit near 3400.

✿BTC: Positions near 38700, 46900, 47800, 50290, and 60700 that have not yet been realized should set a moving stop profit around 64500. For positions entered at 56900 by touching the 12-hour RSI indicator, set a moving stop profit around 64500.

——————————————

The "Focus Points" were released at 10am on May 28, 2024. (Limit price orders are very dangerous, and stop loss losses may be significant! Please operate with caution.)

——————————————

BTC Short-term Ambush Focus Suggestions (Do not open a position if the focus points do not meet the conditions. If accidentally activated, please manage profits and losses on your own):

Short: (Automatic commission) ❶ Touch the 12-hour RSI indicator at 90 and automatically go short, with a 1% stop loss (or manage it on your own)

(Focus) ❶ Near 73300, defend near 74000, target near or above 65000.

Long: (Automatic commission) ❶ Touch the daily RSI indicator at 20 and automatically go long, with a 2% stop loss (or manage it on your own), ❷ Touch the white X line and automatically go long, with a 2% stop loss (or manage it on your own).

(Focus) ❶ Near 64900, defend near 64400, target near or above 73000.

——————————————

ETH Short-term Ambush Operation Suggestions (Do not open a position if the focus points do not meet the conditions. If accidentally activated, please manage profits and losses on your own):

Short: (Automatic commission) ❶ Touch the daily RSI indicator at 90 and automatically go short, with a 2% stop loss (or manage it on your own).

(Focus) ❶ Near 4030, defend near 4130, target near or below 3363.

Long: (Automatic commission) ❶ Touch the daily RSI indicator at 20 and automatically go long, with a 1% stop loss (or manage it on your own), ❶ Touch the white X line and automatically go long, with a 1.5% stop loss (or manage it on your own).

(Focus) ❶ Focus near 3363, stop loss near 3330, ❶ Near 3190, defend near 3150, target near or above 4045.

——————————————

Special Reminder: Do not trade frequently, and do not make counter-trend limit price orders.

The operation suggestions are fixed after being released, but the market changes rapidly. In order to reduce risks, increase the winning rate, and profit, it is strongly recommended to watch the more scientific methods in the video for a comprehensive understanding.

Lao Wang's Quotes

✿Do not hold on to profits, as the profits brought back will eventually be given back to the market.

✿Do not guess the top or bottom, as the profits from guessing will eventually be given back to the market.

✿Do not rely on news, as this is still a form of guessing the top or bottom.

✿Do not judge the trend based on secondary chart indicators.

✿Do not easily exit a profitable position, as you may be running away at the halfway point.

✿Do not get excited by large candlesticks, as it may be a "performance" for you to see.

✿Do not think that the market you see is the last wave of the market. As long as your capital is still there, there will be opportunities every day.

✿Do not trade frequently, as it will not only make you lose sight of the big picture and increase the chances of making mistakes, but also increase trading costs, which is not worth it.

✿Do not make counter-trend trades. If you are right, hold on firmly; if you are wrong, run away quickly.

✿Do not buy low out of greed, or sell high because of high prices. Do not act rashly unless the trend has changed.

✿Do not make trading your main occupation, do not stare at the screen, as 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 believing.

——————————————

☯The market is guessed by the majority, and when it accumulates to a certain amount, it will erupt in the opposite direction of the majority's guess.

☯Trading is the most difficult skill to master. The finer the skill, the smaller the risk. Impatience and roughness are extremely dangerous.

☯Qualified traders can not only grasp the direction of the major trend but also have the ability to insight into micro changes, because any major market movement starts from the one-minute cycle and never returns…

☯Rather than envying the fish at the edge of the abyss, it is better to retreat and set up a net.

☯Accumulating wealth of millions is not as good as having a skill.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Bybit: $50注册体验金,$30000储值体验金
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink