[Market Analysis on October 12, 2023]
[Opinion]: At 12 o'clock in the middle of the night today, it has been indicated that 60% can be eliminated, and the remaining 40% has been evened out at 9:30 today. Personally, I feel that BTC and ETH have a need to rebound during the day, but it is only a small rebound within the day, and there is not much room. , although I personally opened a little more at 9:28, it was just a super short-term order within the day, just a meal of pig's feet 😂
The Storj short order given the day before yesterday at 0.497 has already sold out 1/3 near 0.41, and the profit has been 20 points. I will no longer follow it. If the pattern is larger, you can get around 0.32, or you can take profits in batches. , it’s a question of making more and less!
[Operation method] If there is more than 26762 during the day, stop loss is 26712, stop loss is 50 points, and take profit is 26940 and 27250 (personal operation method, only for sharing opinions, not investment advice)
[Daily level]: Although I have opened some intraday short longs, it is only a 15-minute intraday order, just to support my family. The 4-hour and daily levels are still bearish!
[4-hour level]: Pay attention to the two downward trend lines in the picture. The slope of the trend line shows signs of accelerating. However, when the price is close, you can observe the strength of the long and short positions and look for opportunities to go short. The current high point has moved downwards, and shorting is still the main theme!
[Summary]: There is demand for a slight rebound in BTC during the day. You can participate or not. Pay attention to the vicinity of 27000 and 27300 to see if there is a short signal! If there is a signal, we will update the notification as soon as possible!
(Note: The purpose of posting this article is to exchange valuable opinions and views with everyone, accept all guidance, just to make more like-minded friends in the long bear market, welcome the valuable opinions and views left by Lao Tie)