Will the sideways trend end with more long positions or short positions over the weekend into Monday?

CN
2 months ago

Popular Spot

SATS is currently operating in a bullish channel, suitable for buying and holding.

WLD can be slightly monitored, as there are quite a few low point signals.

Pay attention to CORE; if it breaks the bearish trend, there will be a nice upward wave.

CFX should be closely monitored to see if it can break through and stabilize at 0.19280; if it stabilizes, consider entering.

The above four spots have been around for over ten days. If you just saw this, do not enter blindly; feel free to leave a message or join the community for discussion.

Market Interpretation

There were no new fluctuations over the weekend, and no new structure has emerged. For mainstream coins, refer to yesterday's article; there are no updates today. Today, I will recommend two secondary coins and share some thoughts!!!!!!

In this sharing, SATS, you can see that the current price on the chart is 27284. [I didn't type the preceding 00000; those who understand, understand. I started recommending this spot about half a month ago, and I began trading it two days ago. Now I am up about three times, aiming for ten times. You can also pay close attention to it. My entry point was around 255, using 3% of my capital with a $100 margin, targeting $1,000. Each loss is two times. From the chart, those who have been following this article have seen it rise from around 15361 to the highest point of 42868, with an overall gain of about 30%. If you haven't sold, there is still 15% left. The overall trend is still showing a bullish upward situation, and I have marked the bottom accumulation area for you. I personally have a very positive outlook on this variety, so pay close attention to it 😄. I basically use naked K and channels for layout, rarely using MA Bollinger Bands due to their strong lagging nature. So if you want to see, you can leave a message, and I can include it next time. Please note that this article has lagging characteristics and is mainly for reference. You can follow the WeChat public account for daily updates 🔍【Coin Towards Money】.

Target - Looking for a tenfold basis. Spot attention around 0.00000043.

The second one I want to share is SUI. This variety has maintained high popularity for nearly a month. Before the National Day holiday, I mentioned that we should look further ahead and not focus solely on the present. From the daily chart, we can see that it reached around 2 dollars at the end of 2023, then plummeted to about 1.1 dollars. I often tell everyone that history is remarkably similar. Is it worth taking the risk of losing 90 cents for a profit of 10 cents? Personally, I placed a short at 2 dollars on October 10, and it still hasn't reached my target. If SUI breaks 1.43, the downside space will be significant. Now, to summarize SUI, unless it breaks 2.1, I will only look bullish again if it breaks out to a new high, or it may drop to 1.43, where I would consider trying to go long with a stop at 1.4. Is the thought process clear? Brothers know that the profit space for secondary coins is huge, but risks also need to be controlled! Remember!

If you want to follow me in and out, feel free to leave a message to join the community! When others are greedy, I am fearful; when others are fearful, I am greedy. Remember, if you don't understand, you can leave a message for communication, or you can communicate under the same name across the internet! Just be mindful of the risks! Remember! Like, follow, and share three times.

This is where you need to pay attention to the high position risk suppression; the bottom support can be a key focus.

Spot Structure Chart Attention

In the above image, those who understand, understand. I don't know what everyone did during the National Day holiday, but I prepared to gamble with the market, opening a small position separately, and starting a small class in the community to challenge flipping positions during the holiday. After all, people in the crypto circle often make money during holidays and enjoy themselves on weekdays, hehehe. If you're interested, feel free to reach out anytime, starting from National Day.

Personal Introduction

Graduated from Nanjing University with a degree in Finance, previously worked as a risk management expert and private wealth advisor at Shanghai Yimeng Securities.

Invested in BTC for the first time in 2015, focusing on the crypto space for nine years. Experienced multiple bull and bear cycles.

Integrating deep financial expertise and sufficient industry experience into practical operations.

Helping students quickly master trading skills and improve trading systems.

Trading Style: Good at building structured thinking, creating financial trading courses, and naked K strategies.

Business Negotiation Search for the same name WeChat public account【Coin Towards Money】

Join the Group for Learning
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Search for the same name WeChat public account【Coin Towards Money】

Also, please help me like + view + share three times 👌😂 The links and advertisements below do not belong to me; please be cautious in identifying them.

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