The cryptocurrency trading is a long-term plan, not an overnight success, so there is no need to be too anxious. Even if there is a short-term loss, there is nothing to fear as long as the subsequent direction is chosen correctly. The lost will eventually return. However, it is important to pay attention to the timing of trading and the current market trends in order to increase the winning rate. At the same time, investment is a process of growth. Mr. Coin suggests that everyone should learn while operating, summarize the gains and losses in a timely manner, deepen their understanding of risks, and plan with the correct mindset in order to reasonably avoid risks and become a qualified investor.

Mr. Coin's Bitcoin (BTC) Market Analysis Reference for 9.18

Bitcoin's intraday price has shown a strong upward trend. As mentioned in previous articles, if the key level of 57,000 is not broken, the price of the coin will rebound at any time. Currently, the high point is around 61,320, and the intraday breakout has reached over 3,000 points, reigniting the bullish sentiment and further opening up the upside space. If it breaks through the 60,000 mark again, the upward trend is expected to continue.

Looking at the short-term hourly chart, with the breakout of this trend, the upper gap of the Bollinger Bands has been opened. The price is slightly under pressure around 61,300. The 4-hour MACD is positive, and the fast and slow lines have formed a golden cross. The coin price is currently far above the EMA7, forming strong support. The current market pullback has entered the high consolidation zone, and the overall trend is upward. Therefore, the suggested operation in the future is mainly to go long on pullbacks. The strategy is to maintain a long position on pullbacks and follow the trend to capture short-term gains when breaking new highs. The support below is around 60,000, followed by around 59,500. Mr. Coin reminds everyone that the intraday increase is nearly 3,500 points, and the market has broken out. Therefore, it is not advisable to continue holding on to chasing long positions. It is wise to timely grasp the profits for stability.

Bitcoin Short-term Reference for 9.18: For more real-time single strategies, online technical learning, and getting out of the market, you can follow the public account of the mentor (Mr. Coin) to obtain the method: the first ten people each day can receive free strategies for getting out of the market.

Long position: Go long in the 59,500-60,000 range, defend at 58,500, stop loss at 300 points, target above 61,000.

Long position: Go long in the 60,600-60,800 range, target above 61,500, stop loss at 300 points.

Short position: Go short in the 62,300-62,800 range, target below 61,700, defend at 63,800, stop loss at 300.

9.18 Ethereum Evening Short-term Reference:

Short position: Go short at 2,420-2,391, defend at 2,530, stop loss at 2,580, target below 2,350.

Long position: Focus on the 2,330-2,300 range, stop loss at 50 points, target above 2,380.

There is a delay in the article delivery, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high the judgment of the market is, it is essential to set stop-loss and take-profit levels. More real-time singles can be obtained by following the public account under the author's name, where you can also learn about online market technical analysis and getting out of the market. The author has studied the market for many years, analyzed the major trends in the cryptocurrency market, and provided guidance on BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

This article is exclusively written and shared by Mr. Coin, representing Mr. Coin's exclusive viewpoint. There is a delay in the article delivery, and the risk is self-assumed. It is important to control the position reasonably, avoid heavy or full positions, and Mr. Coin hopes that all fans and friends can achieve financial freedom together and move forward together. In the depths of time, hold onto understanding. In investment, one must learn to be optimistic. Do not let the future you dislike the present self. We live in reality, but not every piece of data needs to be taken seriously. Let the past go, and let the future come faster! Rest well, prepare yourself, and be ready at any time. Let's go!

• This article is written by Mr. Coin, and plagiarism is rejected. Respect originality!

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