SanJinXinWaveTheory
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8-5 BTC Morning Thoughts
Yesterday I provided a bullish idea, and I received a lot of feedback that the returns were quite good. However, it is regrettable that the market did not successfully return to the range of box fluctuations. But from the price chart, it can be seen that the current market has been moving along the upper edge of the middle track of the weekly K-line upward channel. Therefore, the bullish idea remains unchanged. It should be noted that as the middle track continues to rise, the point we need to focus on has changed from 114000 to 1143000.
BTC trading suggestion: Go long
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8-4 BTC Morning Thoughts
The box range that was maintained for half a month was unexpectedly broken over the weekend. However, from the weekly K chart, we can see that the current K has already turned from bearish to bullish, and on the 4-hour level, we can also see that the upward trend is quite strong. Therefore, the direction we are looking at this week is upward. The target can directly aim for 125000. Those who are stuck with short positions must find a way to get out; they cannot hold on stubbornly, as there is still a chance now.
Intraday trading suggestion: Enter long positions at any
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8-1 BTC Morning Thoughts
The first day of August hit us hard, plummeting by 4500 points. Fortunately, the crash started in the early hours of the morning; otherwise, I don't know how many people would have been trapped again. So it's really necessary not to hold overnight positions.
The current market has broken the support level of the range-bound movement and the previous low of 114667. Therefore, we need to pay attention to two positions now: the first position is the new low of 114239 and the middle line of the weekly K upward channel at 113800. Although the market shows a slight upward tr
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7-31 BTC Morning Thoughts
Good morning, many people added me to consult about solutions, so I won't talk too much with everyone.
So far 118200, first look around 117700 to go long. Target around 119000. Buckle up when entering the market. A defense line of 300 points is sufficient.
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Don't panic if your long order is trapped; the market driven by news is very likely to 'go back to where it came from.' Be flexible in your operations and first ensure your position is safe.
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7-30 BTC evening thoughts
The BTC has been consolidating in a sideways range for nearly half a month, and during this time, I believe most traders' gains should be pretty good, as it's quite difficult not to make a profit in such market conditions.
We can see a pattern from the 4-hour level market trend: as long as the horizontal adjustments during the upward period are a stage of accumulation, what follows will still be a continuation of the rise. This time of accumulation has also been prolonged. It is expected that within this week, the market will first touch the resistance at 120000 and t
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7.24 BTC Morning Thoughts
BTC has been in a box range fluctuation for a week now, and those who have been making high sell and low buy trades recently must have made a fortune.
The upper pressure of the box is at 120500 and the lower support is at 115800. It is expected that this week will see a breakthrough of the box. Therefore, at these two positions of support and pressure, do not rush to reverse your position. Wait to see if there will be a breakthrough and stabilization before entering.
Day trading strategy: The market has now reached a minor resistance level at 119000, enter a short pos
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7.19 BTC Afternoon Thoughts
Today, BTC's daily line has not broken the support level of 117000, and the daily bullish pattern is still maintained. Currently, it is in a four-hour level pullback phase. Due to the typically small fluctuations in the market during the weekend, attention should be paid to the daily rebound resistance level of 118800—only a four-hour closing above this resistance would mean that this four-hour level pullback is considered complete.
If it breaks through, the upper target resistance to watch is 121000, 122000, and 123300 in sequence. For short positions during the da
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7.18 BTC early morning thoughts
This week, today is the last day. I don't know how everyone is faring, but I would describe this week's trend in one word: 'terrible'. What’s going on with this 大饼 in the last two days? Up and down fluctuations, convulsions!!! It’s so exhausting to trade; there’s completely no way to gauge the market! Those bloggers who can seize the biggest opportunities, I really don’t know if you’ve opened your third eye.
Let’s talk about the market again. I believe everyone has noticed that currently, ERC20 tokens have become dominant. There is a signal that everyone needs t
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7.17 BTC evening thoughts
I haven't rested well these past couple of days, and I have no thoughts on the trend of the big market movements, so I haven't posted any ideas for everyone. It's already afternoon, so I'll just briefly talk about the expected market trend before the U.S. stock market opens.
The recent trend of BTC has actually been quite underwhelming compared to ETH. As everyone knows, there are already institutions ‘supporting’ ETH. Right now, BTC's trend is even somewhat moving along with ETH's trend.
In terms of the MACD indicator, after the double lines previously formed a death
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enter a position home
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7-14 BTC market trend analysis
The big yellow hair is now trying every possible way to force Old Bao to resign. Because he doesn't obey, he wants to replace him with someone more compliant to fulfill his "big and beautiful" plan. The current method is to find Old Bao's weaknesses, and even a small matter related to Gate will be infinitely exaggerated. This time, they seized on the issue of the central renovation, claiming that he is seriously negligent. I can't imagine how big the impact on the crypto circle would be if the big yellow hair really succeeds.
Let's get back to the point and talk
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7.14 BTC trading strategy
Yesterday, BTC started a volatile upward trend from the low point of 116900, strongly breaking through the key level of 118000 in the evening. The bulls continued to exert strength, reaching a high of around 119600, successfully hitting the target of the previous low trading strategy. The current price is entering a volatile correction phase around 118600.
On the daily chart, BTC has formed a "four bullish candles and one bearish candle" pattern, and has since continued to perform strongly. It is currently firmly above the moving average system, indicating strong bull
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7-12 BTC trend analysis
BTC experienced a downward movement last night while U.S. stocks opened lower. This downward movement surely surprised many bears and even those who were stuck in their positions. However, after the clock struck, the market returned to its original point. I believe this mysterious movement has trapped another batch of bears... Why can't we believe in the fact that the market is going to continue moving upward? As shown in the chart, the upward target of 125000 remains unchanged.
The market fluctuations over the weekend will not be significant. Our strategy should be to
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You are not daring to place a long order now, but it is absolutely not the right time to enter for a short order.
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