peter-l

What to do about bitcoin

BITMEX:XBTUSD.P   Bitcoin
On the 19th, I analyzed the trend of bitcoin. At that time, there was a situation of 6 consecutive Yin, indicating that there would be a demand for support like the ma144. We saw it happen that day. But after stepping back on ma144, there was an immediate rebound, forming a pin chart, and I think a lot of people would be overwhelmed by this situation. In fact, I always emphasize a standard of operation, if you have a standard, then you will not panic.
Now look at the time of 3 days, bitcoin has neither broken up nor fallen below ma144, so what to do in this narrow space?

These two days I repeatedly emphasize in the article more see little move, the contract as far as possible did not do, from the actual situation, is the same, basically is wrong more right less. So let's be clear, it's not quantity, it's quality. You have a 60 percent chance of winning, you are a master, but if you do 100, you will fail 40 times. So at this time, you reduce the frequency of trade, is the best hedge. Why I have been emphasizing spot + hedging, you can think about this logic.

For now, there's not much we can do

Strategy: the intensive trading area is around 10370, which has not changed, but the trend line keeps pressing down, which has reached around 10370 dollars. Macd shows a short trend. So the bulls are under increasing pressure, and today's move confirms that, but it's impossible to tell if the bulls have given up on defense until they break ma144.

Therefore, we can set a standard for ourselves to break the trend line about 10370 upward, and the macd will form a bullish trend. We can remove hedging and share the dividend brought by the rise. Break down to ma144. If you are interested in trading a contract, consider a short position if appropriate, but be sure to set a stop loss.


30年的A股投资经历,水平虽然不高,但经验足够丰富。熊市避坑,牛市逃顶,对于新手可能有所帮助。
需要每日分析,请搜索微信号peter-tqbj,需要股市投资建议搜索星球{抱团取暖,迎接A股牛市},或者星球号64802450
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