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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Happy weekend, good brothers and sisters! Let's discuss this week's trading insights!
This week, after hitting the bottom last Sunday morning, all the trading plans have been focused on buying on dips. There hasn't been much opportunity to get on board with Bitcoin, but the entry points for ETH are 3425/3486/3550/3605/3650/3892, all of which are strategic low buy points. If you had kept some base positions, you would be making significant profits right now!
The small arms operated this week, A2Z/TAC/TREE/LA/GMX, have all seen significant surges!
On Monday, the average price for SOL was 162.75 with a price of 163.5/162. Anyone who has a remaining position can now reap significant profits!
The rest are not listed one by one!
The most frequently said phrase by Sao Ge this week is: Whoever shorts is a big fool!
This sentence is not just a teasing remark; from the video analysis on Wednesday, Thursday, and Friday, as well as the morning analysis, you can see that the guy is firmly optimistic about the future market, otherwise he wouldn't have made so many small trades this week!
There is no intention to insult anyone; it is more of a sentiment of "deep love and pain of being upset that iron cannot become steel."
This weekend, besides gradually reducing positions, under the premise of a big breakout, if I want to continue looking for trading opportunities, I can only look for the breakout of the daily K-line's ma30/ma60 or ma120. Only then can I have a chance to catch the rebound!
It has once again proven the critical importance of position management, and it has once again proven that when given the opportunity, one must take action!
You may have often heard Brother Sao say during bad market conditions: Better to miss out than to make a mistake; you can miss out and not rush to enter the market!
Another way to say it is: when given the opportunity, you must act; it's better to take a loss while trying than to miss the chance. Even if you have to stop-loss on your first position, you should still enter. Don't act recklessly when there's no opportunity, but when the chance is there, don't hesitate to act!
So can you tell me? How can I save you?
#GT# #ETH# #BTC#