Looking back at the shorting over the past three days, it is basically centered around the following resistance level. This is because the new low of 76600 after the big dump on Monday is the low point of the big swing trading adjustment, so the resistance level after the new low is also calculated based on the big swing trading decline.
Because the k-line is a dynamic indicator, the Bollinger Bands at the hourly level change every day, and the calculation formula for the big dump retracement of the resistance level (shorting point) in swing trading will have some differences with the daily Bollinger Bands, but it's more or less the same. Calculating the formula combined with market changes for short-term trading can increase the success rate! btc: drop of 92780-76560 = 16,220 16220*0.618 = 10,023.96 76560+6196 = 82,756 (Short point 1, has been broken through multiple times, but not standing firm) 76560+8110 = 84,670 (Short point 2, before the release of CPI data on Wednesday night, the second Short point updated after the comparison is 84450, accuracy 99%) 76560+10023=86,583 (Short point 3, strong resistance level, to be reached) eth: decline of 2318-1752 = 566 1752+216 = 1,968 (Short point 1, has been reached 3 times, still not broken through) 1752+283 = 2,035 (Short点2, waiting to reach) 1752+350=2,102 (Short3, to be reached) sol: the decline is 152.85-112 = 40.85 112+15.25 = 127.25 (shorting point 1, reached) 112+20 = 132 (shorting point 2, approaching) 112+25.5 = 137.5 (To be reached, focus on shorting) ps: Proficiency in extracting points for long or short positions on daily short-term trading will bring you closer to mastering ultra-short-term and short-term trading every day. This method is suitable for contracts and spot trading of all currencies, but small currencies are not recommended for contracts.
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Looking back at the shorting over the past three days, it is basically centered around the following resistance level. This is because the new low of 76600 after the big dump on Monday is the low point of the big swing trading adjustment, so the resistance level after the new low is also calculated based on the big swing trading decline.
Because the k-line is a dynamic indicator, the Bollinger Bands at the hourly level change every day, and the calculation formula for the big dump retracement of the resistance level (shorting point) in swing trading will have some differences with the daily Bollinger Bands, but it's more or less the same. Calculating the formula combined with market changes for short-term trading can increase the success rate!
btc: drop of 92780-76560 = 16,220
16220*0.618 = 10,023.96
76560+6196 = 82,756 (Short point 1, has been broken through multiple times, but not standing firm)
76560+8110 = 84,670 (Short point 2, before the release of CPI data on Wednesday night, the second Short point updated after the comparison is 84450, accuracy 99%)
76560+10023=86,583 (Short point 3, strong resistance level, to be reached)
eth: decline of 2318-1752 = 566
1752+216 = 1,968 (Short point 1, has been reached 3 times, still not broken through)
1752+283 = 2,035 (Short点2, waiting to reach)
1752+350=2,102 (Short3, to be reached)
sol: the decline is 152.85-112 = 40.85
112+15.25 = 127.25 (shorting point 1, reached)
112+20 = 132 (shorting point 2, approaching)
112+25.5 = 137.5 (To be reached, focus on shorting)
ps: Proficiency in extracting points for long or short positions on daily short-term trading will bring you closer to mastering ultra-short-term and short-term trading every day. This method is suitable for contracts and spot trading of all currencies, but small currencies are not recommended for contracts.