The market is rebounding what I predicted yesterday
Updated
Writing at the begining, if you want to trade crypto currency, you can choose fanbit.com.
Yesterday, I predicted the market would rebounding, and I told you I have opened long on ETH contract. As a result, I got some profits on it.
Now, What should I do, and What is the market trends?
I still analyze the ETH.
First, if you follow my opinion you should take your profit part. If you didn‘t follow my opinion, you should keep noticing.
Back to the Chart.
For the long-term investors, 1day chart,the trend still be down, so you should be patient.
For short-term investor, we just need to notice the 30/60/120/240 minutes Chart.
4 hours chart, ETH is facing the pressure of MA36;30/60/120 minutes Chart, ETH has run to the upper rail of the channel, and is facing the pressure.
At this time, we shouldn't trade, we should wait. And we can't open short immediately, because we dont know whether it will break through the pressure.
For the ultra short-term, you want to trade in 1 hour, you can notice the 5/15 minutes, you can try to open long with little money. if you take 10x lever, there maybe 10%-30% profit. But, please follow the rules that take pofit and stop loss.
I will keep noticing the market.
if there are some changes, I will update it.
Yesterday, I predicted the market would rebounding, and I told you I have opened long on ETH contract. As a result, I got some profits on it.
Now, What should I do, and What is the market trends?
I still analyze the ETH.
First, if you follow my opinion you should take your profit part. If you didn‘t follow my opinion, you should keep noticing.
Back to the Chart.
For the long-term investors, 1day chart,the trend still be down, so you should be patient.
For short-term investor, we just need to notice the 30/60/120/240 minutes Chart.
4 hours chart, ETH is facing the pressure of MA36;30/60/120 minutes Chart, ETH has run to the upper rail of the channel, and is facing the pressure.
At this time, we shouldn't trade, we should wait. And we can't open short immediately, because we dont know whether it will break through the pressure.
For the ultra short-term, you want to trade in 1 hour, you can notice the 5/15 minutes, you can try to open long with little money. if you take 10x lever, there maybe 10%-30% profit. But, please follow the rules that take pofit and stop loss.
I will keep noticing the market.
if there are some changes, I will update it.
Note
And now, if you follow my analysis, you should have 20-30% profits. I have take my profit part. the next pressure is 3100 (fanbit.com futures data).
If the 15min Chart,MACD dead fork, I will open short. as the same ,the predicted profits is about 10-20%.
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