I took two days to rest and adjust my mindset. The market situation hasn’t been very friendly in the past few days. I also noticed that there seem to be fewer people in the plaza recently—didn’t I see it? After all, the number of likes on my two recent posts made me feel that way. But still, I think everyone doesn’t need to be “too pessimistic.” My view is entirely based on my own analysis from the sidelines—I believe whether a trade is right or wrong is a very basic thing! As long as you manage your position safely, in the long run it will be fine. And I also feel that I’ve put a lot of effort in— not everyone will write such long explanations every day to analyze these things for you!
$AKE The last time I looked at it, I saw the top forming an M pattern. Compared with the current market, I now lean more toward the probability of a W triple-top. But we need to wait a while. If we get a chance, we can try a short. If we don’t get the chance, then forget it. I also don’t really recommend that you do this, because dozens of points can move all of a sudden, and the risk is really high!
$ETH As for ETH, its daily chart has been especially beautiful. I still keep my stop-loss at 1580 from before. These days it has been adjusting around the key level of 1850. As I mentioned earlier, as long as we hold steady, it will definitely move up toward those levels of 2000 and even 2200. So right now, you just need to hold it.
$CHZ It almost reached our stop-loss level both times. After a whole round of pullbacks, it has been adjusting around the 0.014 area below. The fact that it failed to break below twice shows that this level is quite firm. So today, you can adjust the stop-loss. Just set it to 0.013 as the integer. Going forward, whenever there’s an upward move, you should definitely hold it for a medium-to-long term after doubling. And if even this stop-loss can be broken, then in the future it will be gone for good. But if it can hold the upward trend, then there’s still a way to recover!
$AKE The last time I looked at it, I saw the top forming an M pattern. Compared with the current market, I now lean more toward the probability of a W triple-top. But we need to wait a while. If we get a chance, we can try a short. If we don’t get the chance, then forget it. I also don’t really recommend that you do this, because dozens of points can move all of a sudden, and the risk is really high!
$ETH As for ETH, its daily chart has been especially beautiful. I still keep my stop-loss at 1580 from before. These days it has been adjusting around the key level of 1850. As I mentioned earlier, as long as we hold steady, it will definitely move up toward those levels of 2000 and even 2200. So right now, you just need to hold it.
$CHZ It almost reached our stop-loss level both times. After a whole round of pullbacks, it has been adjusting around the 0.014 area below. The fact that it failed to break below twice shows that this level is quite firm. So today, you can adjust the stop-loss. Just set it to 0.013 as the integer. Going forward, whenever there’s an upward move, you should definitely hold it for a medium-to-long term after doubling. And if even this stop-loss can be broken, then in the future it will be gone for good. But if it can hold the upward trend, then there’s still a way to recover!
