The essence of trading is a dual game of cognition and execution.


That day, we perfectly demonstrated this with two long positions;
During the panic sell-off in the early morning, some hurriedly cut losses and exited,
but we saw signs of stabilization at the lower Bollinger Band;
In the morning consolidation, some repeatedly chased gains and sold off,
but at the planned support level, we provided a clear long strategy;
During the midday rebound, some greedily held onto profits,
but we precisely took profits at the target level, securing gains.
The market never changes direction because of your anxiety,
it only rewards those who see support clearly when others panic,
and who maintain their rhythm when others hesitate.
Two long positions, two precise profit realizations,
not luck, but the combined answer of indicators, capital, and trend.
Stay calm, follow the plan, profits always belong to the steadfast.

From early morning to dawn, the price bottomed out at 75,840 and stabilized,
verifying the previous key support level, with the lower Bollinger Band providing effective support.
Subsequently, funds entered to support, initiating a oscillating upward trend,
reaching an intraday high of 77,873 at midday, completing the first round of bullish profit-taking,
which perfectly matched our early morning target of 77,800+.
In the afternoon to evening, the price surged then pulled back,
the bears returned, and after touching the upper Bollinger Band (around 77,900),
it faced selling pressure, started to turn down,
breaking below the middle Bollinger Band (76,995), entering a weak consolidation phase.
In the evening, the decline accelerated, with the lowest point reaching 76,115,
currently trading near the lower Bollinger Band,
the KDJ indicator has formed a death cross, entering the oversold zone,
the MACD green bars continue to expand,
bearish momentum is being released.
View Original
post-image
post-image
post-image
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
Add a comment
Add a comment
No comments