Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场回调 The market finally gave a decent Rebound. During the day, the price was constantly testing that resistance level, and by the evening, it broke through directly. The long positions really made a strong push this time.



To be honest, it was a bit frustrating to hit the stop loss on the short position in the morning session. However, I quickly adjusted my strategy and entered a long position at 87200, holding it all the way to the 9s for a close, securing over 3000 points. $ETH was also followed up simultaneously, netting around 160 points.

Looking at the four-hour chart, there have been six consecutive bullish candles, and the losses from the previous sharp decline have been basically recovered. The price has risen above the middle band of the Bollinger Bands, and the MACD's bottom divergence pattern is expanding upwards, showing strong momentum. The hourly chart is even clearer, with the candlestick directly breaking through the upper band of the Bollinger Bands, lifting the entire market. The current long positions pattern is considered stable.

The next idea is to go long in line with the trend, focusing on whether it can break through around the resistance level of 92000.

Current operation reference:
BTC can consider long positions around 91000, looking at 93000.
Enter long positions near 3000 for Ethereum, target 3100.
BTC1.96%
ETH5.54%
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
  • 3
  • Repost
  • Share
Comment
0/400
MEVHunterWangvip
· 12-02 18:11
The loss in the morning session was really painful, but your adjustment was beautiful, recovering more than 3000 points directly. If the critical level of 92000 can be broken, it would be great. The long positions trend looks pretty stable.
View OriginalReply0
PessimisticLayervip
· 12-02 18:10
The stop loss in the morning session is indeed painful, but your reaction speed is impressive, turning around and grabbing 3000 points.
View OriginalReply0
notSatoshi1971vip
· 12-02 18:09
The short order in the morning session really lost a lot, but looking at the current pace, it feels like I still need to follow the long positions.
View OriginalReply0
  • 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)