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.
3.27 Mr. Coin's Analysis Reference for Bitcoin (BTC)
Bitcoin rebounded from the evening to early morning, with the price fluctuating nearly 2000 points. The current trend is approaching the 88000 line, but it has failed to break through after multiple attempts. The focus should be on the breakthrough situation in this area. If it can break through, there is a possibility for the price to move further towards the 88500 resistance area, so all cryptocurrency friends should be prepared. Conversely, if it cannot break through for a long time, there is a risk of a short-term price pullback to the 86000 line, so it is not recommended to blindly chase long positions before a breakout. The overall trend remains a wide range of fluctuations, with resistance at the 88500 line above and support at the 86000 line below. Before a breakout occurs, do not chase highs and sell lows. It is recommended to short at high points and long at low points.
For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for the addition method: the first ten each day can receive free exit strategies.
3.27 Short-term Reference for Bitcoin:
Light short positions at 87500-88500, with a stop loss at 90500, target below 86800, stop loss: 500.
Long positions at 85800-84500, with a stop loss at 83000, stop loss: 500.
3.27 Short-term Reference for Ethereum:
Short positions at 2050-2090, with a stop loss at 2280, target below 1990, stop loss: 2300.
Long positions at 1930-1980, with a stop loss at 1750, stop loss: 50 points, target above 2000.
There may be delays in sending messages, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in your market judgment, always set stop-loss and take-profit levels to secure your gains.
Mr. Coin's public account: For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for the addition method: 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 extensively in the U.S. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are unsure about trading, you are welcome to study and learn together.
This article is exclusively shared by Mr. Coin and represents his unique perspective. There may be delays in sending the article, and risks are to be borne by the reader. Manage your positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep striving. 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, no plagiarism allowed, respect originality!
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