After the big ups and downs on March 12th and May 19th, there's generally no need to panic about yesterday's needle insertion. The main thing is that it trended downward from noon until 10 p.m. before the needle was inserted, which was really causing anxiety. If it quickly bounces back after breaking through 90,000, as long as it reclaims 95,000, the panic will subside. Because 95,000 is the balance point, it can be attacked from above and defended from below. At this time, if there is favorable information, it will push up another 3000 points. If there is Unfavourable Information, it will retest near 90,000 again. In the future, as long as the solid energy column of the Bearish line does not hit near yesterday's needle insertion at 89,200, there is no need to look for new lows in the short-term contracts. It's more prudent to take profit in the high position at 92,555-90,666.


For spot transactions, it is possible to place orders in batches near 9w, 8.5w, and 8.2w. As long as they are touched in the future, entering 10% of the position can easily generate ideal profits.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)