Only with a calm mind can one achieve great success. Investing is only for making money, everything else is just empty talk. Making money is the only way. Hello everyone, I am AICoin Jinrui!
Bitcoin Progress
Should we chase the rise now? Friends who missed out must read.
Conclusion: It is very risky to enter the market for chasing the rise at the current stage due to poor risk-return ratio. For friends who want to open new positions, it is recommended to wait for a pullback before entering. Where should we wait for the pullback? Jinrui will explain in detail next.
【BTC 4-hour chart】
Currently, Bitcoin is being resisted above the descending triangle, which is also the neckline of the double bottom. Therefore, if this level is broken, Bitcoin may try to test the "70,000 US dollars" area again.
As long as it does not fall below the red area ($67,000), the bulls still have the advantage. If there is a pullback, we can make short-term layouts.
〜Entry Points〜
**
① Buy long on the pullback near $67,500 to $67,400, target $68,300 to $68,800, stop loss: below $67,000.**
② Long after the neckline is broken, long at around $68,700 to $68,800, target: $69,300 to $69,800, stop loss $68,400.
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I have years of in-depth research on spot contracts, BTC, ETH, and many other altcoins. If you are not doing well in trading, or have been losing money for a long time, or your trades are stuck, you can follow my public account (AICoin Jinrui). Investment involves risks, so be cautious when entering the market. The market fluctuates every day, and all I can do is to use my years of practical experience to help you make the right investment decisions and manage your operations in the right direction.
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