Protecting your investment is the top priority.

Updated

The main topic of this chapter will be confirming the end point of Bitcoin's upward trend. I hope to earn a lot with my followers this year as well.

Note

I think it is important to analyze factors other than Bitcoin in the current section.
The image above is Tetherdominance. There is a possibility of further rise.
Decoupling is common between Bitcoin and Tetherdominance.

The image above is Bitcoin. On the 3rd, there was a negative claim about Metricsport’s spot ETF. But it’s a platform that doesn’t interest me. For this reason, I do not plan to attach much significance to it, judging it as a matter of institutional profit realization.

The main topic was confirming the end point of the section rise, and although it is my personal judgment, I believe that the end point has been confirmed. Based on this, we plan to trade mainly short positions after confirming the resilience of the section.

Note

Check the flow by this afternoon. After that, we believe that we will be able to safely secure profits by conducting short-term transactions.

Note

Because monitoring is possible, I plan to switch short positions after long positions. I think that if you check the section flow, it will be easier to trade according to the condition of your followers.

*It is recommended that stop loss be set according to personal leverage and trend line.

Note

I plan to check to see if there is support from the two-bottom position.

Note

In a section like this, it is wise not to be greedy for leverage if possible. A huge upturn awaits us soon. In the current section, protecting investment funds is the top priority rather than maximizing profits. If you lose your investment funds now, you will lose too much of an opportunity. I have a great desire to welcome the existing good upward trend with my followers.

Note

The upward pressure is increasing in an ascending form.
A further decline is still being assessed. However, position management is necessary in the short term.

In the case of short positions with low leverage, there is no problem in managing them based on proportion. However, in the case of high leverage positions, it is wise to set a stop loss.

In the current section, I am also trading with a focus on response rather than judging the flow.

Note

Ascending has been confirmed. Now it is time to check the adjustments.

Note

Adjustment is being confirmed. Currently, the author is trying to judge the large section based on the “diamond” pattern.
It is believed that a picture of a rechallenge of the main trend line will be shown, and as a result, it will show a downward breakaway trend.

We plan to first confirm the rechallenge of the trend line with a short section head and shoulder.

Note

This is a good section to aim for the second short position in the section. Set the head section as stop loss.

Note

There is outside work from 7 to 11. Since the corresponding update may be late, be sure to set a stop loss to protect your position.

Note

Adjustment is being confirmed. I plan to maintain a stop loss and sleep.

Note

Unless an upward breakout atmosphere is created, we plan to maintain our short position until the marked section.

Note

As I always say, the author is neither a financial person nor an economic expert. I am an ordinary investor like my followers. Good reviews are always appreciated. However, I hope you don't trust the author's ideas too much. This is suitable as a reference to the fact that there are individual investors who have this kind of thinking.

Note

Rising volume is being confirmed. There is no problem with low leverage positions, but high leverage traders need to respond to the trend.

Note

Even if you go up for a moment, the flow will come down right away, so it is not a burdensome section.

Note

The marked section has been reached. We plan to check the adjustment again.

Note

If the price does not fall out of the indicated range, there is a high possibility that an additional increase will occur. There is a need to carefully check that price range.

Note

The possibility of an increase is increasing. We will hold off on judging the decline for a while and change to a long position strategy until the excitement regarding the Bitcoin spot ETF cools down.

Note

The rise is confirmed. I plan to go back to the draft at the beginning of the chapter and judge the upward ending point.

Note

The rise was confirmed and the adjustment began at an approximation of the expected value (1.5% shortfall). The strategy is carried out with a short position up to the indicated price range.

Note

As expected, the recovery is showing a sideways trend.

Approval of the spot ETF is an important turning point that will bring about major changes in the market.

The characteristics of large investment institutions are judged by reflecting the past gold ETF approval period.

And prepare for adjustments according to its nature.

Note

There is a high possibility that it will end on the rise in a pattern called Rising Wedge. Even if it rises, I think it will be around 3%. There is no need to overdo it. Just check the displayed price range.

Note

The rising peak of the chapter topic has been reached. The author plans to close long positions in all coins from now on and prepare for short positions.

Note

A strong correction is occurring. For followers who have a high fear of short positions due to strong rising public opinion, it is not too late to enter after confirming that the rising wedge is completed. I hope you remember that the most important thing is to protect your investment rather than profit.

Note

Check the flow and plan your transaction accordingly

Note

Bitcoin goes to 100K. But before that, adjustments are needed. This is the author's argument.
I have no intention of changing my argument. If you don't like it, unfollow.

Note

Adjustment is being confirmed. Check the rising wedge and continue to adjust the section.

Note

The author's claim, Wave A, has been confirmed. Even if there is a rebound, we plan to proceed with section trading with a further downward trend.

Note

The author is a general trader who enjoys the process of checking the economy, making predictions accordingly, and then confirming those predictions. I am not a long-term trader and my main specialty is short-term trading, so I just want you to keep this in mind. I respect opinions, but I have no intention of accepting groundless sarcasm.

Note

Let's prepare for shaking. There is a high possibility that it will rebound to the indicated range.

Note

There is a need to prepare for a further rise. I plan to judge my short position again after checking the marked section.

Note

I have been busy with outside work for the past few days, so I haven't been able to upload updates often. Because errors in communication with followers may occur, I will briefly organize this section.
(I am practicing how to update Trading View with my smartphone.)

As rising volume increases sideways, downward pressure is becoming stronger in the form of bearish pennants/flags, etc. If you believe that you have missed the short position entry point, it is wise to use a strategy of lowering the leverage than usual and accumulating short positions. I don’t think there will be any more burden in managing trading sentiment.

Currently, the author plans to continue trading mainly short positions until the 38k price range.

Note

Adjustment is being confirmed. From now on, it is important to estimate the price range where a rebound will occur. The plan is to first identify the completion of the falling wedge in the marked section.

Note

If a squeeze occurs in the 40k price range, it is believed that it will touch or exceed the indicated price range. After confirming that point, close the short position.

Note

A rebound is occurring near the indicated price range. From now on, I plan to trade mainly long positions.

Note

From now on, you only need to be careful about 2.5%. You should plan to split your long position.

Note

The expected section for securing the first profit for long positions is indicated. The current position needs to prioritize safety over greed.

This chapter is too long. End here and move on to the next chapter.
Although there were many major issues in the cryptocurrency market during this chapter, I don't think there were any major disruptions to individual transactions. If we do not get swayed by major issues like now and carefully check the nature of the section, I think we will be able to continue to conduct transactions that can be protected from crises in the future.

damngoodmoney

개인적으로 팔로워분들에게 레버리지 축소를 권장드립니다.
트레이더들이 사용하는 여러 기술들을 일반 거래자분들에게 권하는 행위는 매우 무책임하고 위험한 행위입니다.
그걸 권하는 분들은 본인들도 돈을 벌고 있는지 의심스러울 정도로 과하게 희망적인 태도를 유지합니다. " 여러분들도 할 수 있다. 나는 돈을 벌었다. 따라하면 된다." 이런 말들에 현혹되지 마세요.
거래 속도와 희망을 조절하세요. 부디 안전하게 거래하셨으면 합니다.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.