Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are short-term losses, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to improve the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both profits and losses in a timely manner, deepening the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.
10.13 Bitcoin (BTC) Market Analysis Reference
As of today, Bitcoin's market continues its rebound trend, with an increase of nearly 6000 points, successfully breaking above the 115000 mark. Currently, the high is approaching the 115900 position, which has been tested multiple times without breaking through again, indicating strong resistance in this area. There is a possibility of a pullback to the 113000 support level in subsequent tests, so please prepare in advance. On the hourly chart, the Bollinger Bands are in a contracting position, and there are currently no signs of a breakout, so the strategy should be to short at high prices and long at low prices. If it stabilizes and breaks above 115000, long positions can be followed. The support below is focused on the 113000 line.
10.13 Bitcoin Short-term Reference:
Short entry point 115200-116200, stop loss at 117800, take profit target below 114500,
Long entry point 113200-112200, stop loss at 500, add to position at 110500, target above 113800,
There may be a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the confidence in market judgment is, stop-loss and take-profit must be in place. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategies.
For more real-time trades, you can follow my public account for online technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied in the U.S. multiple times, mainly analyzing and guiding 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.
Exclusive views, there may be a delay in sending the article, risks are self-borne, and positions should be reasonably controlled. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together and cheer each other on. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, sharpen your skills, and be ready to set off at any time. Let's go!
—— This article is written by Mr. Coin from the cryptocurrency circle, no plagiarism, respect originality!
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。
