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Excellent breakdown. Hitting a low of 58294 right in that 58500-58800 zone proves how standard that support level was. Keeping a close eye on the NFP expectations tonight if it leans bullish, those dips are definitely going to be prime entry opportunities. Thanks for keeping us grounded with the indicators! 🙌📈
Last night, the market captured $444 million, liquidating 117,939 positions; mainly short squeezes. I mentioned in last night's livestream that yesterday's bullish candle was arguably the strongest counterattack in nearly 50 days. After Waller's speech emphasizing that inflation is under control, tonight's Non-Farm Payrolls expectation is currently leaning bullish. If the actual figure meets expectations or is lower than expected, then all deep dips and false spikes are your entry opportunities.
BTC Support/Resistance Levels: 67135/63650/59800/57500/48900
Yesterday's given range of 58500-58800, after breaking, focus on 58150, with the low at 58294. This was a very standard zone where a signal appeared at the first line. For 10 consecutive days, I've reminded you to go 30-40% long on spot BTC and ETH. Whether you got in or not is up to you, but whether you profit later depends on your position. The Xiao Army isn't a perpetual profit master, just a conveyor of indicators!
ETH Support/Resistance Levels: 2100/1950/1550/1385
Last night, I chased a long at 1610. Did I tell you that while the take-profit targets of 60 or 150 might not be hit, the 30 target had a high probability? I told you to set your take-profit. Sure enough, when you woke up, the first take-profit was hit.
XAU hit a high of 4116 last night. Influenced by Waller's speech on cooling inflation, the probability of a rate hike is bound to decrease. Gold and BTC surged directly on volume, forming a standard double-bottom with the early June low. Short-to-medium term indicators have directly triggered a rebound demand. Those without foresight will have immediate worries. If you trade without adapting to changing market trends, you will eventually be abandoned by the trend.
US Stocks: Hold ORCL long positions, execute the strategy unwaveringly. Avoid SanDisk and Micron; for now, they only offer short opportunities on bounces, not blind longs.
Trading suggestions do not constitute any investment advice: All trades stem from judgment of market trends and indicators. If it meets expectations, take profit; if it doesn't, take the loss. Trading itself isn't complicated—human hearts are!
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