Those who can buy are apprentices, those who can sell are masters, and those who understand holding cash are the ancestors! In trend swing strategies, the choice of buying points is secondary, while selling points are key. However, good capital management is the soul of trend swing trading.
Bitcoin breaks through the 100,000 mark!!! It has been a long time since the last update on Bitcoin, and the article will be updated again shortly. Daily short articles will update Auntie's short-term thoughts, so let's see today's sharing.
Yesterday's strategy was to short between 3830-3850, with a drawdown space of 100 USD. Meanwhile, around 10:40 PM, there was a chase for a rise near 3745 to look for 3830-3850 to take a wave; this cannot be seen here, but other positions can be observed.
The 4-hour level market has touched the 3912 line and has retraced into adjustment. The K-line closed as a doji candle near the upper track, with MA14/30 running near the middle track, forming a short-term key support at the 4-hour level. The focus for the short term is on this line. The upper resistance can be observed from the K-line; the upcoming short-term resistance has two points: one is 4000, and the other is 4100. If we enlarge the cycle, it is 4400-4500, but we will not discuss that for now. Let's focus on the short-term boundary of 4000-4100. The overall structure is still in an upward trend, so the short-term strategy is to buy on dips, and if there is resistance to short, manage your position well and ensure risk control.
12.5 Auntie's short-term suggestions: If it doesn't break 3700, buy between 3750-3730, looking for 80-150 points.
If it doesn't break 4000, short between 3970-3980, looking for 80-100 points.
If it doesn't break 4100, short between 4060-4080, looking for 80-120 points.
The above suggestions are for reference only; please ensure risk control.
Wishing you successful trading!
Alright, friends, we will say goodbye until next time. I wish everyone continued success and smooth sailing in the crypto world! More real-time suggestions will be sent internally. Today's brief update ends here. For more real-time suggestions from Auntie Bitcoin, find Gege.
Written by/ I am Trader Gege, a friend willing to accompany you in making a comeback.
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