Good evening brothers, tonight’s CPI data is bearish, unfortunately it didn’t drop too much. At the moment the smaller timeframe is rebounding. What’s worth being happy about is that the 4 coin starter long positions given in the live room all got filled and are now in profit after the sharp wick just now. Those who entered should manage a trailing stop to lock in profits.
Volatility hasn’t been very large these past few days, and the range still hasn’t broken out. I’ve been emphasizing Bitcoin’s 84 level every day, to the point that I’m tired of saying it. Tonight I’ll go straight to the chart. Place light orders according to the levels in the picture. If tonight it can’t even break above the first white line in the chart, that means this rebound after the drop is weak. Manually exit the long positions just entered, and if it retests lower, there’s no need to enter the aggressive 0.5% long from the chart. Just place 1% positions at each of the conservative levels below. Only if it breaks upward will it test the recent highs from these past few days!
Volatility hasn’t been very large these past few days, and the range still hasn’t broken out. I’ve been emphasizing Bitcoin’s 84 level every day, to the point that I’m tired of saying it. Tonight I’ll go straight to the chart. Place light orders according to the levels in the picture. If tonight it can’t even break above the first white line in the chart, that means this rebound after the drop is weak. Manually exit the long positions just entered, and if it retests lower, there’s no need to enter the aggressive 0.5% long from the chart. Just place 1% positions at each of the conservative levels below. Only if it breaks upward will it test the recent highs from these past few days!