$AVGOB #AVGO From a positioning perspective, the key is not to chase fluctuations that have already occurred, but to determine in advance the position you are willing to wait for. Current price 356.44, +0.02% in the past 1 hour, +1.75% in the past 24 hours.
Currently +0.02% over 1 hour and +1.75% over 24 hours: the two cycles have not formed sufficiently clear alignment in the same direction. In a range-bound market, the tolerance for buying high and selling low is low. It is more suitable to use the confirmation of the upper bound to confirm direction, and the confirmation of the lower bound to confirm support/resumption. The midline should only be used as the line separating strength and weakness.
The first observation zone is 355.97, used to judge whether an ordinary pullback has ended. The second observation zone is 348.64, used to judge whether a deeper retracement can form a continuation/support signal. To the upside, pay attention to 363.3; after a breakout, you should look for a pullback confirmation to avoid mistaking a brief penetration for the trend being fully opened.
For existing positions, you can handle them in stages based on key levels to avoid making all decisions at once. For those with no position, wait for confirmation of a breakout or for stabilization after a pullback. For US stock instruments, also be mindful of volatility caused by trading session switches. Your plan should be based on price conditions; do not let emotions replace execution.
The purpose of scaling in/out is not to continuously lower your average cost, but to control the pace when the structure is still valid. Once key support fails, you should stop the original positioning plan and wait for a new price range to form.
A trading plan must include invalidation conditions. If your judgment is correct, you can realize profits in stages. If your judgment is wrong, you must also allow yourself to exit. You cannot use adding positions to conceal the fact that the original logic has changed. The market will update, and your viewpoint should adjust in line with the price evidence.
#BitcoinMarketCapTopsTesla
Currently +0.02% over 1 hour and +1.75% over 24 hours: the two cycles have not formed sufficiently clear alignment in the same direction. In a range-bound market, the tolerance for buying high and selling low is low. It is more suitable to use the confirmation of the upper bound to confirm direction, and the confirmation of the lower bound to confirm support/resumption. The midline should only be used as the line separating strength and weakness.
The first observation zone is 355.97, used to judge whether an ordinary pullback has ended. The second observation zone is 348.64, used to judge whether a deeper retracement can form a continuation/support signal. To the upside, pay attention to 363.3; after a breakout, you should look for a pullback confirmation to avoid mistaking a brief penetration for the trend being fully opened.
For existing positions, you can handle them in stages based on key levels to avoid making all decisions at once. For those with no position, wait for confirmation of a breakout or for stabilization after a pullback. For US stock instruments, also be mindful of volatility caused by trading session switches. Your plan should be based on price conditions; do not let emotions replace execution.
The purpose of scaling in/out is not to continuously lower your average cost, but to control the pace when the structure is still valid. Once key support fails, you should stop the original positioning plan and wait for a new price range to form.
A trading plan must include invalidation conditions. If your judgment is correct, you can realize profits in stages. If your judgment is wrong, you must also allow yourself to exit. You cannot use adding positions to conceal the fact that the original logic has changed. The market will update, and your viewpoint should adjust in line with the price evidence.
#BitcoinMarketCapTopsTesla
