damngoodmoney

Opportunity always exists.

BINANCE:BTCUSDT   Bitcoin / TetherUS
Trust your trading plan.
Even if it's hard, persevere until the end.
Carry out your trading plan.

The above story is a trick to deceive unskilled traders.

Manage your funds unconditionally and reduce your trading greed.

More important than trading skills is controlling your subconscious mind.
Comment:

"b" is over.
Let’s move on to "c" rise.
Comment:

Maintain judgment on the rise.
Comment:

Above is the tether dominance chart.
When tether dominance rises, a decline in bitcoin is inevitable.

If Bitcoin continues to move sideways in the current section, I plan to organize my judgment on further rises and prepare for adjustment.
Comment:
The author's English skills are poor. If you find it difficult to understand, please point it out and I will correct it.
Comment:

B - This is section c of abc. This is the last section to check the rise.
Comment:

Check small section ascending.
Comment:
Now that there is an ascending increase, you can enjoy the profit period.
The author is unable to update until this evening due to external work.
Comment:
My external work is not finished yet.
So it is difficult to attach an image.

Even if you enjoy the profit zone, from the 38.5 to 38.7 zone,
It is wise to secure profits.
Comment:

There is still one step left to rise.
Comment:

The short section is very easy. Head and shoulders (short) and two bottom (long).
Comment:

It fired as expected. And it's not over yet.
Comment:

It is highly likely that 37k will be used as a stepping stone for an upward move.
Comment:

This is a section to check for further rise again.
Comment:

There was a rebound. We plan to check the upward impulse in that section.
Comment:

It's a good flow. This is a section that can be enjoyed a bit.
Comment:

The upward impulse is likely to be denied. Let’s check the possibility of a decline using rising wedge and head and shoulders.
Comment:

The upward impulse is likely to be denied. Let’s check the possibility of a decline using rising and head and shoulders.
Comment:

Head and shoulders (short) are being pushed to the side (buying force is strong).
The rising wedge (short) is alive, so the position can be maintained, but I think the current section is a section where a stop loss is essential.
Comment:

I think that if you check the short-term reach point, there will be no difficulty in securing section profits.
Comment:

1) It is moving sideways, supporting all downward patterns with volume.

2) We will first liquidate short positions that are currently profitable during this decline. After that, we plan to switch to long positions. It is viewed as level 37.1.
Comment:

It's a good flow. All short positions were closed and switched.

From now on, we plan to check for further increases.
Comment:
From now on, even if two bottoms are formed, it is wise to trade with a strong upside in mind.

The strong rise is expected to break the 38k
Comment:
There was a brief reversal of judgment because the spot and future Bitcoin charts were broken.

Maintain judgment on the rise.
Comment:

Since it failed to break through the previously created selling range at once, there is a high possibility that it will move sideways and touch 37.1 again. This is a section where position management is necessary.
Comment:
The rise was weaker than expected and the fall was stronger than calculated. It is wise to keep open and trade up to 35.9k.
Comment:

I think the difficulty level was high last night.
First, let’s check the short-term rise. After a sideways move, I think it is safe to secure profits at 37.6~7 touches.
Comment:

Volume is too weak at the end of the sideways trend. After switching, check 35.9k as a short position.
Comment:

Although there is an additional increase compared to entry, we believe it is time to confirm further rather than give up the position.
Comment:

This judgment was wrong. Stop.
Comment:

Share the reaching point, which is the judgment before switching from long to short.
The author gives up on the section because it is possible to take an unreasonably large position in the hope of recovering losses.

I plan to proceed again after sleeping.
Comment:

Plan a long position while checking for further rises.

I plan to wait until about level 37.7.
Comment:

This section is purchased separately into first and second sections. (Check the possibility of an immediate rise)
Comment:

There is a possibility of section adjustment. We need to organize our positions and keep an eye on them.
Comment:
After confirming the adjustment, we plan to enter a long position again. It is wise to identify section cup and handle patterns and avoid short positions.
Comment:

After entering the long position, we plan to identify additional flows (plan to enter the first and second phases separately).
Comment:

Close the position and prepare 37.7K.
Comment:

It's an attractive short position, but I don't plan on entering it.
This is because it is a section with high risk of rising volume.

If you want to enter a short position, you must place a stop loss right above (seriously).
Comment:

Set up a limit price long position at around 37.7K. The calculation is that a rebound will occur after the C-wave decline.
Comment:

It certainly seems like the beat is swaying a lot with Ether volume these days.

Specify a stop loss while checking the end of section impulse. (For sleeping)
Comment:

The volume of rising abc is too weak and is being pushed to the side.
In this section, it is wise to give up the bullish judgment identified by the bearish flag (WXY) and switch to a bearish judgment. The position is planned to be terminated in the e-connection wave (beneficiary rights).
Comment:

Although it is not a Bitcoin spot chart, the futures chart clearly shows an ascending trend.

The author continues to engage in short-term trading, but I think it would not be a bad idea to accumulate long positions at a low multiple in the current section.

Eventually, it rises significantly. I think there will be a big adjustment after that.
Comment:

I think the section volume is really difficult.

Plan a long position for a short period of time.
Comment:

I feel like the volume play in this section is too extreme. The current position is planned to extend the profit range a little longer by adjusting the rating through additional purchases without loss.
Comment:
There seem to be many complaints about the volume in today's update.

Since the author continues to trade with an upward trend in mind, there was a lot of shaking and loss of positions in this section (there were no losses).

So, we decided that accumulating the proportion of long positions would be more profitable.
Comment:

Rather than increasing the number of transactions, we plan to manage the entry price while maintaining judgment. (buy signal only once)
Comment:

As mentioned in the previous update, Section plans to give up short-term trading and continue accumulating long positions. It is expected that there will be a further increase beyond the previous high point.
Comment:
It's difficult to scroll down. I plan to close the chapter here and create a new chapter.

Still, I think it was a chapter with good profits compared to losses.

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