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【9.24 Market Research Report - Trend Unchanged, Small Scale Trial and Error, Waiting for Position in Large Cycle】
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One, $BTC
Mindset: Favor the techniques you are accustomed to. Any trading strategy that makes you feel uncomfortable is definitely wrong.
BTC still refers to the symmetric support pressure mentioned in the video.
The idea is to focus on channels, and the upper and lower bounds, intervention, and channels of small daily candlestick levels are all acceptable.
Channel breakthrough or fall below is nothing more than breakthrough and retest for two consecutive times, and fall below and rebound for two consecutive times. That's the only difference.
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1. 6.25 is the position for our Rebound, giving two positions and 615 has not yet reached, so this is still a valid support position, and the pump structure of this wave has not ended here.
2. When the structural symmetrical pressure of 6.5 breaks, there will still be a target of 6.7 and 6.85.
3. The current short-term view draws a horizontal line at 6.25, and a flag-shaped structure is drawn at the upper edge of 6.35-6.46. This range is for the short term.
4. Lower edge support 6--5.95 5.7 5.55
5. The positions near the 5 period Spot daily candlestick channel can continue to be traded.
This pullback includes altcoin BTC ETH BNB, as well as the Pyth that our friend asked about yesterday. Our plan was to enter at 0.2. The overall position of altcoin is heavy, and the overall position is also heavy. Let's start reducing position in the next couple of days.
2, $ETH
Spot Position is heavy, follow what was said this morning, reduce a part of the position, don't let your Position be too heavy.
2188's long pressure reduce position
Entered the pressure zone.
2680, 2725, and 2790 are all previous highs.
support2550 2420 2240