Those who can buy are apprentices, those who can sell are masters, and those who understand how to hold cash are the ancestors! In trend swing strategies, the choice of entry points is secondary, while the choice of exit points is key. However, good capital management is the soul of trend swing trading.
The Auntie strategy updated at noon on the 12th mentioned that as long as 3820 does not break, we can go long. The market moved as expected, not breaking 3820, and continued to oscillate upwards. Early this morning, it briefly broke the previous high, touching around 4100 before pulling back for adjustment.
The strong support at the daily level is still near the middle track. After the morning pullback to the bottom of the previous large bullish candle at the 4H level, it rebounded and closed with a bullish candle. Currently, it is pulling back again for adjustment. We can temporarily focus on the early morning spike area as support, which is the MA7 and MA30 area.
After the spike washout around the 10th, the overall structure of the market has not deteriorated. We will follow the market and go with the trend. Trends do not form or change in one or two days. Setting aside technical aspects, this week we need to pay attention to the interest rate meeting early Friday morning. The market may set the stage before the meeting, and there will be no shortage of washout tactics, so it’s important to manage risk and position planning for the short term. The trading market has risks upfront, and profits come later. Gains and losses originate from the same source; we must always keep ourselves proactive, ready to attack or defend.
12.17 Auntie short-term suggestion: as long as 3930 does not break, go long in the 3970-3950 range, looking for 80-150 points.
The above suggestions are for reference only; please manage your risk.
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.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
