Hello everyone, I am Jing Cai as you are familiar with me. In the past two weeks, I have been telling everyone about the fluctuations between 26500 and 27500 for many days, and also telling everyone about short-term operations here. In the past two days, I have been relatively comfortable with such a market. Basically, it is at the point we talked about. Walking back and forth inside the position, I always feel that there will be a downward probe of the market out. It is still volatile, and those who are chasing bulls and bears are definitely on the floor, so it is still a bit difficult in the short term, and I have to wait patiently. Jing Cai's idea is at least very profitable, as he can compare time and points. All very in place. It depends on whether Jing Cai's analysis is very accurate. More than 80% of those who have followed Jing Cai for a long time are eating meat. The market situation is confusing recently, please pay attention to Jing Cai in time and communicate with Jing Cai at any time to follow the meat.
Then let's return to the market trend. BTC went up from around 26,500 yesterday to around 27,500 because of a positive news from Hong Kong. There was no sudden drop in the market this morning, which also made us go back and forth between long and short positions. We are quite happy. The market is still fluctuating at a low level. Now we need a downward needle. The approximate position is around 25,000-25,300. Can we reach the support, and then go up. You can also see the detailed markings of the predicted trend and points in the chart I drew before. At present, we still need to pay careful attention. Recently, there are still speeches and discussions by the Federal Reserve in the evening, but there has been no clear conclusion. It is very frustrating, so we also need to wait patiently.
From the daily level, it closed with a positive line yesterday, but it immediately fell with a negative line today. It is still volatile. Those who chase long and short must have hit the floor. The key is whether the watershed position below will be effectively broken. The middle track of the Bollinger Band is near 27520, but it still did not stand firm in the end. The market just touched 27527. From the daily level, it still did not stand firm above 27500. The MA60 daily moving average is 28220. The MA120 moving average is near 26000. If you don’t understand the graph, you can find it in my previous graph. The important points are marked. See if the graph drawn by Jingcai is moving. You can compare and see that it is very accurate. Jingcai allows fans to learn some trading systems to operate.
From the 4-hour level, the Bollinger Band has a trajectory of slowly turning downward, the middle track of the Bollinger Band is around 27020, and MACD has formed a dead cross and started to run. The KDJ three lines have formed a dead cross and are trending downward.
BTC Focus: All operation points will have at least 200 points of profit when they are effective for the first time, so you can control it yourself.
Short-term bullish direction: 26300-26500, stop loss 26200, take profit 26800-27000-27500
Short direction: 27400-27600 short, stop loss 27750, take profit at 27000-26700-26500
The two positions given above have been profitable many times, both long and short
Need to wait for direction
Multi-direction: 25000-25500
In this market, there is no shortage of teachers, analysis, or operational suggestions. The only thing missing is a sincere and simple heart to do market analysis for you. I don't have gorgeous profit screenshots here, nor do I promise you a certain percentage of profit. I only have a sense of duty. If you have been losing money and are not doing well, and want to follow Jingcai's lazy way, you can add Jingcai to talk about trends below. If the market changes too quickly, try to communicate with Jingcai. My daily analysis ideas can be used for your reference. When making orders, control your positions reasonably, and do not operate with heavy or full positions. My personal opinions are for reference only. Investment is risky and you are at your own risk!