Gold Mining Benefit God: Bitcoin Analysis on October 11, Hold on to the Green Mountains to See the Bright Moon, Continue to Take Profits!

CN
3 hours ago

[Review of Yesterday's Operations]

From the day before yesterday to yesterday and today, the coin king led VIP friends to operate two trend short positions.

Shorted from 2435 to 2365, earning a profit of 70 points.

Shorted from 61000 to 59500, earning another profit of 1500 points.

Each trade has its evidence, and everyone is welcome to verify.

  1. At one o'clock in the morning the day before yesterday, I notified VIP friends to short at 2435, holding the position overnight. When I woke up yesterday morning, I found that the automatic take profit had triggered, happily earning a profit of 2400 USDT!!!

  1. Last night at 8:30, the moment the CPI data was released, we decisively started shorting as the market turned bearish, entering short positions and happily earning 1500 points by the evening!!! Another 2000 USDT profit.

If you feel that things have not been going well recently, take a few quiet minutes to carefully read the article I wrote.

When a person walks in the cryptocurrency world with unfulfilled ambitions and ideals, an inexplicable sense of helplessness will follow, hard to shake off. Everyone has moments when they feel powerless; the key is how to face it with the right mindset. In life, there are often more disappointments than successes. Sometimes, one must learn to find joy in hardship; the more difficult and lonely it gets, the more one should recognize what they truly lack.

In fact, there are opportunities in the market every day; missing out is just a temporary situation. There are too many users in the market with restless mindsets, but only by maintaining inner peace can one face everything in trading calmly. Many times, if you just grit your teeth and stick to your choices, you will find that success is not accidental; it is the result of experiencing ups and downs. Those who can resist the temptations of the market will be able to persist until the end and laugh last.

[10.11 Bitcoin Market Analysis]

Yesterday, BTC closed with a solid bearish candle, with the closing price at the bottom near the lower Bollinger Band of the daily level. The bears were strong, leading to a sharp drop at today’s daily opening. After a pullback near the bottom at 59000, the market gradually began to warm up. Currently, the market is slowly rising throughout the day, with a significant oversold condition. The basic values have deviated from technical indicators; even if there is a continued decline in the future, this wave of warming is necessary. It is expected that today will see a rise followed by a fall, with attention on the upper range of 61200-61700.

[10.11 Bitcoin Trading Strategy Reference]

Short Position: Short at 61300-61700, with a stop loss at 62000, targeting to exit in batches at 60500-59700.

Long Position: Long at 59500-59200, with a stop loss at 58800, targeting to exit in batches at 60300-61100.

[Conclusion]

The market is not a safe harbor but a surfing ground; you either brave the waves or hesitate. Since you have chosen to move forward, do not settle for the status quo. Investing in the future means we cannot predict the road ahead; we must focus on taking each step well. What is meant to happen will happen, regardless of your anxiety about it. Move forward, look ahead; life’s operations are that simple.

—I am Tao Jin Hui Shen, a teacher focused on analysis. If you have any questions you want to discuss, feel free to leave a comment below!

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