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The long order meets expectations, and the pullback can continue lying in ambush! 11.19 BTC ETH strategy
The bottom-buying strategy provided yesterday met expectations. Although ETH had a spike breaking through 90,000, fortunately, it didn't break 89,000. The long order strategy given for ETH was accurate. If ETH had continued to break down yesterday, then the long order would really have been ready to stop loss. In the end, it slowly came back up, making a bit of profit! If you held onto this wave, the gains are still quite good!
The daily BTC chart shows a doji candlestick with a long lower shadow, three lines trending downwards, and the price operating above the lower track. The KDJ lines are extending at the bottom, and the MACD volume is also decreasing. Overall, the trend is bearish, but there are signs of bottoming out. Additionally, despite the decline in the US stock market yesterday, the price did not drop, indicating a possible capital intervention to push the price up. Therefore, Conan suggests focusing on long orders at these low levels; chasing shorts at such low positions is clearly inappropriate!
11.19 long order strategy:
Enter a long order on BTC pullback at 90500-91000, for conservative traders at 89500-90000, with a stop loss near 89000. Target around 92000-92500-93000, and if it breaks, look for 94000-95000. Continue to adjust the stop loss based on the situation!
Enter a long order on ETH retracement at 2960-3000, for conservative traders at 2900-2940, with a stop-loss near 2870. The target is set around 3100-3150-3200, and if it breaks, look for 3250-3300. Continue to move the stop-loss and take profit based on the situation!
11.19 short order strategy:
Short one lot on BTC rebound at 95500-96000, defend around 96500, target at around 94500-94000-93000, if broken look at around 92500-92000.
Short one hand at ETH rebound 3200-3250, defend near 3280, target around 3150-3100, if broken look at around 3050-3000.
Using leverage, the biggest taboo is to hold heavy positions. If your psychological quality is not strong enough, you will absolutely not earn beyond your understanding of the market. How much you earn depends on the market conditions, but how much you lose is up to you! Earning small profits and cutting losses will gradually grow your capital, while earning small profits and incurring large losses will always leave you as a retail investor! #美联储会议纪要将公布