Those who can buy are apprentices, those who can sell are masters, and those who understand holding cash are the ancestors! In trend swing strategies, the choice of entry points is secondary, while exit points are key; however, good capital management is the soul of trend swing trading.
Yesterday, Auntie provided short-term strategies for both long and short positions, and those who followed saw good returns.
Today is Saturday, and I will briefly update Auntie's short-term outlook. It is expected to move in a range with adjustments. There will not be much technical analysis; we will treat it based on the upper and lower bands of the 1-hour Bollinger Bands, with the 200 EMA on the 15-minute chart as support. The previous highs will still serve as a boundary, which can also be seen as a short-term defensive level. Based on the traces left from the long and short battles in the candlestick chart, we will treat it as a range for the short term; if it breaks out, we will replan.
Trading is a marathon. By learning to use the correct methodology during the process, you can walk to the finish line with a smile. In the speculative market, risks come first, and profits come later; any risk arises from ignorance and greed.
11.23 Auntie's short-term suggestions: If 3430 does not break, short between 3380-3400, looking for 80-100 points.
If 3230 does not break, long between 3280-3250, looking for 80-100 points.
The above suggestions are for reference only; please manage your risk well. Have a great weekend! Wishing you successful trading!
Alright, friends, we will say goodbye until next time. I wish everyone continued success and smooth sailing in the crypto world! More real-time suggestions will be sent internally. Today's brief update ends here. For more real-time suggestions from Auntie, find Gege.
Written by/I am Trader Gege, a friend willing to accompany you in your resurgence.
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