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Position Management Method for Cryptocurrency Beginners
Position Management Method for Cryptocurrency Beginners ⭐If you are a gambling addict, love high-stakes games, enjoy ups and downs, seek thrills, and prefer short-term excitement, you probably won't consider position management; ⭐If you are burdened with debt and being chased by online loans every day, you probably don't have the patience to learn position management; all you desire is the faith and fantasy of getting rich quickly. ⭐If you are an old investor who has genuinely lost money, been hurt by the market, and experienced the pain of liquidation multiple times, you probably already have your own awareness and experience of position management. ⭐Most people who die in this market do not fail because of strategy or poor technology, but because of mistakes in position management, either from over-leveraging or increasing their positions recklessly.
$BTC corresponds with Ethereum, it's best to wait for a pullback on the 4H upward trend line for the best value when placing a long order, for instance, pay special attention to the possibility around 68500, near 67200, or even the spike around 66700.
For short orders, refer to what was mentioned above, 72600-73800 can still be shorted one more time at most, but don’t short on the fourth time.
👊 PS: I’m just providing a reference for those who haven't entered the market, combine it with your own judgment, believe that you are the most reliable!
$ETH 2084, 2057, 2040, 2022, 1972 are all minor support levels, where to enter a short-term long position, this needs to control which has a better cost-performance ratio and good space.
I still recommend entering when it pulls back to the 4h rising trend line, at least around 2022, or even quickly touching around 1972 before moving up sharply.
For short positions, refer to what was mentioned before, cautious shorting between 2135-2155, with key short position levels at 2200-2256.
👊 PS: I’m just providing a reference for those with empty positions who haven't entered the market, combine it with your own judgment, trust yourself the most!
$ETH 2084, 2057, 2040, 2022, 1972 are all minor support levels, where to enter a short-term long position, this needs to control which has a better cost-performance ratio and good space.
I still recommend entering when it pulls back to the 4h rising trend line, at least around 2022, or even quickly touching around 1972 before moving up sharply.
For short positions, refer to what was mentioned before, cautious shorting between 2135-2155, with key short position levels at 2200-2256.
👊 PS: I’m just providing a reference for those with empty positions who haven't entered the market, combine it with your own judgment, trust yourself the most!
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$BTC Air Force friends and many army friends are asking me to recharge my faith. I have searched through years of K-line data, carefully compared, and tried to find answers, without taking responsibility, just drawing a pie in the sky. Finally, I found two similar market trends to copy and paste, providing emotional value and spiritual support to friends in the many army and Air Force.
❤️ Entertainment is the main thing; just find comfort.
$BTC The thing about mimicking others is that it feels pretty good to succeed occasionally, so if we get there (around 77800-79100), it’s worth taking the risk even if it goes wrong, just don’t go all in.
PS: It’s more appropriate to take a chance if we get there, rather than betting on a breakthrough to see that point.
$BTC $ETH The large pancake has a potential ascending right triangle structure, and if a decisive breakthrough occurs, it will follow the third scenario mentioned earlier.
However, before that, the large pancake at 72800-74000 and Ethereum at 2200-2256 still have opportunities to repeatedly challenge the pressure zone, and it is also a position where short-term bets can continue to be made, while managing the position well.
Positions worth betting on should be decisively bet on, with light positions accepting stop losses within a reasonable tolerance range.
Big brother understands that securing profits is essential, and every step must be taken cautiously. We must also have a profit protection awareness; the foundation of our strategy is built on a defensive approach. The speculative market is inherently unpredictable, and the winds can change at any moment. The longer we survive in the speculative market, the better our chances of thriving!
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$BTC Looking at the historical K-line, it is filled with bull flags (red) and bear flags (green) of different levels. It also subtly implies that a positive extreme must be followed by a negative one, and a negative extreme must be followed by a positive one, alternating as the main trend and cannot be exhausted. Therefore, the upward trend in this phase of the market, according to the high probability outcome, is actually unfavorable for the bulls. Unless a strong bullish candle completely breaks this channel and pulls the price away. Based on the time and energy of accumulation, it is still too early for a significant bull market to appear. So we must still avoid any premature FOMO for the bull market, and be very cautious! The market can only be observed as it moves along.
$ETH The general possibility of the "Rebound Script", which one do you like? 🤯
⚠️ Note that the monthly line has not yet shown a stop-loss signal at a large level, and only when the monthly line closes above 2450 does it have the possibility of showing a stop-loss.
$XAU $XAG 4H Pressure Support Overview, pay attention to the pin risk of gold and silver
🥘 Gold: 4980-4988 can consider placing an order to catch the pin for a short buy, short buy take profit on your own. 🥘 Silver: 78.2-78.5 can consider placing an order to catch the pin for a short buy, short buy take profit on your own.
$SOL pressure level 91.13, the highest reached 91.15, the pressure range also played a normal suppressive role, the support levels below: 87.1, 85.4, gradually reducing positions after going short
🎁 Near 90-91.2, you can try to repeatedly take short positions with light loads
Going long can only be considered below 83.2
🚨 After floating profit, prevent selling out or cleanly giving back; universal operation: take some profits, keep the remainder at break-even, indicating that there will be better positions for you to open.
$BTC is almost 60 points away from the target, and considering the fluctuating width, it can be considered nearby. The next position to focus on is 72800-74100. The previous empty orders that were filled should take profit on part, and the remaining must be set to break even! If stopped out, wait for a higher position to re-enter.
🎁 You can try to repeatedly take small short positions, entering at 71800-72100 and exiting around 70800-71200; if not fully exited, the remaining must also be set to break even.
Currently, it's only suitable for high shorts, as the position is too high and the risk for long positions is too great.
Conservatively, directly go to 72800-74100 to wait for short positions.
🚨 To prevent selling too early or giving back profits after floating profits: take a portion off, set the remaining to break even, and hitting the break-even point indicates there will be better positions available for you to enter.
$BTC Recent short-term selling opportunity: near 72036
At this position, it's best to enter with a head warehouse volume, quickly in and out to grab 500-800 points.
As time goes by, the current major resistance zone for Bitcoin in the 4H chart has reached 72800-74100 (this range will continue to move down, Vegas 288-338). If possible, you can avoid trading near 72036 and wait directly for this range to short one hand, without considering additional positions, with a stop loss above 74800.
👊 If you can do short-term trading, try not to be too rigid. If there’s profit, you can close a portion and keep the remaining with a breakeven position.
Market conditions change in real-time, maintain sensitivity.
$ETH Target position achieved! Focus on the next position 2208-2268. The short position near 2129 given yesterday was even higher, take profit on part, and the remaining must be set to break even! Wait for a higher position to enter again.
🎁 You can try repeatedly taking small positions for short trades, enter at 2130-2150, exit near 2110, and if not fully exited, the remaining must also be set to break even. Keep a tight stop loss above 2160.
Currently, only suitable for short positions, the risk for long positions is too high at this level.
Conservatively, you can directly go to the next position 2208-2268 to wait for short positions.
🚨 After floating profits, prevent the risk of selling off or giving back cleanly with this universal operation: take part of the profit, keep the remaining at break even, and maintaining break even indicates there are better positions available for you to enter.
$ETH Recent short-selling opportunities: around 2129
At this position, it's best to enter with the initial position size, quickly in and out to grab 20-30 points, with a stop loss at least above 2168.
As time goes by, the current major resistance zone for Ethereum in 4H has reached 2208-2268 (this zone will continue to move downwards, Vegas 288-338), this is a position where you can short if wrong, with a stop loss at 2300.
👊 If you can do short-term trading, try not to have too much of a big-picture mindset; if there is profit, you can close part of the position and keep the remaining with a break-even strategy.
Market conditions change in real-time, stay sensitive.
🧧 Don't rush in trading, it's better to win step by step on a monthly basis!
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$BTC Recent short-term selling opportunity: near 72036
At this position, it's best to enter with a head warehouse volume, quickly in and out to grab 500-800 points.
As time goes by, the current major resistance zone for Bitcoin in the 4H chart has reached 72800-74100 (this range will continue to move down, Vegas 288-338). If possible, you can avoid trading near 72036 and wait directly for this range to short one hand, without considering additional positions, with a stop loss above 74800.
👊 If you can do short-term trading, try not to be too rigid. If there’s profit, you can close a portion and keep the remaining with a breakeven position.
Market conditions change in real-time, maintain sensitivity.
The 4H level is in a converging oscillation, with the amplitude space continuously narrowing. Currently, both long and short trading opportunities are not very good; it's best to wait patiently.
🥘 Good trading opportunities = high risk-reward ratio
Almost by the latest on March 18, before the Federal Reserve's interest rate decision, the convergence should end, leading to a significant movement in one direction.
PS: The final direction choice in convergence generally has a fifty-fifty probability. Personally, I continue to lean toward a wave of increase this time (regardless of whether it's a final trap to entice long positions).