BTC, "adding positions in trend" or "picking up the slack"?



Woke up, lit a cigarette, the candlestick chart wasn't even hot yet, and the notifications kept ringing. Big brother Bitcoin 95000 has already stabilized, so we can go all-in on long positions. A sudden smile flashed in my mind. When everyone is thinking about chasing the rally, that's when the main force starts to harvest. The most important thing now is to patiently watch the market; if the price hits the target, go straight with two horizontal lines and one vertical line. If not, just observe quietly.

Currently, this position is around 95700. How to buy in? Where can the defense be placed? Resistance above is 967, support below is 945. The range on both sides is getting narrower; wait for a breakout or a breakdown before acting.

BTC trading suggestion: short at 96500-96900, stop at 97500, target 94400, if broken look at 93500.

ETH trading suggestion: short at 3345-3365, stop 50 points, target 3250, if broken look at 3215.
BTC-1,29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)