7.28 Lu Hong “Er Bing” trading idea


After “Er Bing” surged again, it fell below 1900. After that, 4-hour candles have closed in the red consecutively. MACD bullish momentum continues to weaken. In the short term, bearish sentiment has been concentratedly released, but after continuous declines the indicators have entered an oversold zone. This pullback is part of a shakeout after an up move—do not panic.

For a dip within the day back to around 1850, stabilize and then enter to lay out long positions.
First target: look to 1895. Second target: above 1920.

A sudden sharp drop doesn’t mean a trend reversal; the risk of chasing shorts has risen sharply. Be patient and wait for opportunities to set up at lower levels. Trades refuse emotional decision-making—strictly place and manage your stop-loss. Don’t let short-term big drops disrupt your established plan and timing #Bitmine持有578万枚ETH $ETH $GT $BTC
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