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1  Economy / Speculation / analyses of market condition on: July 05, 2021, 11:50:29 AM
BTC 
 
Bitcoin in the early high fall, the top test 36000 position suppression, but the top suppression force is strong, the market began to decline.  The lowest hit 34000 position line, the market gradually stabilized in the downward process, the downward force slowed down, tends to shock, in the short period of upward signs of strong upward.  Top concern 35500 line suppression, lower concern 34000 position support.  Operationally, you can use the support at 34000 to do a short long, place a long order around 34300, stop loss at 33800, and stop profit at 35200 to 35500. 

ETH 
 
Ethereum fell with the market high in the morning, the top of the highest reached 2390 position, and then under pressure to pull back, down to 2245 position, supported by the 60-day moving average, slowing down to shock, short cycle market has a strong upward momentum.  The top focus on 2350 position line suppression, the bottom focus on 2200 position support.  Operation can be more short, in the 2250 position multi - single entry, stop loss 2230 position, stop profit 2330 to 2350 position.

 LTC 
 
Litecoin morning when the same high fall, the top of the test 150 position suppression, then began to bear pressure back, at noon when the line force slowed down, the market trend is prone to shock.  In the short term, there are signs of upside.  Top focus on 145 position suppression, lower focus on 137 as the support, the operation idea of multi-single, multi-single entry near 139 position, stop loss 137 position, stop profit 145 to 150 position. 

DOT
 
Yesterday evening to the early morning market continued to rise, the highest hit 16.5 position, under pressure to pull back, the market continued to fall, the lowest hit 15.35 position, the market trend is weak, into the situation of consolidation shock.  Short - cycle, the market has signs of upward.  The top focus is on 16.5 suppression and the bottom focus is on 15.1 support.  Operating ideas on the main single, 15.3 near the single entry, stop loss 15.1 position, stop profit 16.3 to 16.5 position. 
2  Other / Off-topic / I am a person who likes making friends. Nice to meet you. on: July 02, 2021, 05:33:15 PM
Recent market price fluctuations of repeatability, friends and a lot of COINS every day looking at prices will feel more confused, and the emergence of the inevitable loss, this article and can't let you from loss, but some bad habits in the process of investment will be exposed, to let you realize it, only you realize that it is wrong, there is a possibility of the hedge.

The first thing we should say is that every time we close a deal, we should learn to summarize.  In particular, we must pay attention to the old problems that often appear, such as chasing up and killing down, blind business that is not planned.  Do not chase the market move, more do not go against the market on the stop loss out, if there is not a complete train of thought before entering the market, then first restraint, think twice before you act.

Second, don't blindly trust chart analysis.  As we all know, technical charts are records of past trends. The essence of our technical analysis is to look for similarities in historical prices. However, we should know that it is the market, not the technical analysis, that determines the price trend.

 Third, pay more attention to current events.  Every day we see economic data from many different countries, and they tell a different story.  Friends who are new to the market often find it difficult to start when they are faced with various news.  In fact, in every period, the market has a focus, and only according to this focus can we find the data content that has the most impact on the market.  The current news on market regulation, for example, is a top priority.

Finally, we should pay attention to the combination of work and rest.  We need to understand a premise, that is, any judgment about market movements may not always right, normally maintain a low error rate is not big, but if a barrage of mistakes, it is likely that your current ideas already deviate, this time, you need most is to pull back out, have a good rest and come back to re-examine the market changes.

You should know that the currency market is a 24-hour market. If you don't give yourself a certain rest time, you can hardly find your own problems in this continuous mental output. Sometimes, when you put these things aside, you can get more inspiration and see yourself more clearly.

I am a person who likes making friends. Nice to meet you.
Anyone interested in making friends can join me on WhatsApp(83138411979)
3  Economy / Speculation / Put together a simple stop-loss and stop-profit method on: June 30, 2021, 07:13:20 AM

The price of Bitcoin broke the previous downtrend line during the day, leaving a relatively strong uptrend pattern in the short term and currently trading above 36000. From the recent trend, bulls do have a sweep of the previous signs of decline, but Yu Heng teacher still want to remind you of the currency friends, currently still do not recommend rashly chase high. Although the price is higher, for a lot of money friend, especially stock holders is a happy thing, but the currency fell from a peak above 60000, the current rebound is still not as strong, afternoon if you want to have bigger upside, or even give a return to the upward trend signal, We should at least stabilize above 40,000-41,000. So at present, afraid of empty currency friends can consider to grasp the light warehouse, but mainly to band short line.
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In fact, with the current trend, a lot of friends themselves also understand that short-term will be better. But do not know how to grasp the opportunity, do not know how to control the risk. Do short term will indeed have a higher requirement for the point, especially for the volatility of specific products like Bitcoin. In recent days, the market, I believe that a lot of friends have been swept back and forth experience. Even some currency friends began to directly choose not to take a stop loss, it is true that otherwise stop luck can really carry back, but finally carry the risk of single is very large. Even if you are lucky to carry back ten times, as long as the goddess of luck did not take care of once, that is broken bones, all the work wasted.
So rather than fight, do not have a good study of how to accurately grasp the good point opportunities, the following is the teacher Yu Heng finishing some stop loss stop profit methods, you can also learn.
Use support or pressure levels to stop losses and gains
That is, buy the position in the support, stop the balance of the position in the pressure, buy after falling below the support to stop the loss, and vice versa. This is the most commonly used stop-loss and stop-profit method in trading. It applies to all trading strategies, such as intraday, short term, band, medium and long term. The premise of using this method is to fully and accurately judge the support and pressure.
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A brief description of the meaning of support and pressure:
Support is an area where demand is concentrated, that is, where potential buying power is concentrated, and where demand is strong enough to prevent prices from falling further. It can also be interpreted that when the price reaches this point, it looks cheap, so buyers are more inclined to buy, while sellers are reluctant to sell, so demand begins to exceed supply.
Pressure is an area where supply is concentrated, and when prices reach this area, sell-side forces will emerge. Selling pressure in this area is strong enough to prevent further price increases. When the price reaches this point, sellers are more willing to sell, while buyers are less willing to buy, so supply exceeds demand and prices cannot continue to rise.
K line pressure support: intensive trading area, early high and low point, price pattern, trend line, average, etc.
Pressure support on the time-sharing chart: yesterday's closing price, high, low, settlement price, today's opening price, average price, intraday high and low point, etc.
The advantage of this method is that the stop-loss and stop-profit Settings can follow the current market fluctuations as much as possible. The disadvantage is that there are many users, so false breakouts often occur. Therefore, this approach should be applied with the ability to identify traps and be able to exit the market and re-enter at a new signal.
Technical Stops:
Stop loss orders placed at key technical levels can prevent further losses. There is no set pattern for technical stops. Generally speaking, the use of technical stop - loss method is nothing more than a small loss to bet big gains.
Its main indicators are:
1. Important EMA is broken;
2. The tangent of the trend line is broken;
3. The neck line of head and shoulder, double top or circular top and other head forms are broken;
The lower rail of the rising channel was broken;
5, the gap near the fall.
For example, after buying the lower rail of an uptrend, wait for the uptrend to end before closing and place stops near important movement lines.                   
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