This is my commonly used moving average set. I most often use ma540, which is equivalent to the 3-day line of ma180, so I rarely look at the weekly or monthly lines. 540 candles are enough to capture a trend completely. Occasionally, I will check for divergences on the weekly and monthly lines.
In the last post, I mentioned that I would go long when breaking above ma38 to catch a rebound. When the medium to long-term moving averages are all pressing down, and when breaking above 38 towards 60, the first time it touches ma60, I will close my long position, around 93700, but it might break through to 94000. However, there is a possibility of missing the sell, then so be it. With a bunch of moving averages pressing down, can your coins still reach the sky?
As time goes by, the medium to long-term moving averages will press down, eventually forming a bearish divergence offensive pattern. Refer to Figure 2; the expectation is within one to two months, oscillating until January or February of next year. At that time, there will be a catastrophic crash, leading to widespread devastation, and nothing like ancient giant whales with low leverage will work; they will all perish, buying more leads to more losses. What you can do now is to protect your principal and not move it around, waiting for the coins to drop below 50,000, and for sol to go below 30 to buy the dip. It should be able to double or triple, and it’s best not to use leverage.
If someone wants to take advantage of the bear market, they should quickly learn about moving averages. The next bullish market after a drop to 50,000 will be just the right time to use it.
When I first watched Lei Gong's video, I was completely baffled. It was too simple and straightforward for someone like me who had lost money for years. I made a firm decision to master moving averages; I watched each of his moving average teaching videos more than 10 times, aiming to completely transform into him.
There are several important points that need to be focused on: 1. Discount price, 2. Dense moving averages. Mastering these two, you can basically make steady long-term profits.
Generally speaking, a major trend or bull market will follow these patterns. Chart 3
After the bear market of Bitcoin arrived in 2022, there was a crash, a comprehensive bearish divergence, then consolidation, and then the price began to strengthen. The price broke through most moving averages, and when the price is above the discount price, the moving averages will turn upward and become dense at a certain position. The key point is that dense moving averages indicate the end of a consolidation phase; an upward movement signifies a significant rise, while a downward movement signifies a major crash. The costs for everyone in the short, medium, and long term are concentrated in a certain price range, and as soon as it is broken, a big market movement will occur. Chart 3 shows a breakout upwards; buying at 28000, breaking below ma540 completely ends the trend, and the price at 90,000 dollars, from 28,000 to 90,000 dollars, isn’t that a profit?
By thoroughly understanding each of Lei Gong's videos and relying on moving averages for stop-losses, the risk-reward ratio naturally emerges.
The fluctuations here are quite intense, it's time to choose a direction. Currently, I lean towards going north, I've opened a large position, the stake is quite big, if it dies, so be it.
The volatile market is just exhausting; let it be, it doesn't matter anymore. The more it exhausts people here, the more decisive the trend will be when it arrives.
I'm too lazy to take screenshots, so I'll just talk.
The small altcoins have basically dropped to the bottom and can't produce any juice anymore. Here, the market cap of Bitcoin is leeching, and it's leeching from large-cap coins like Ethereum, Ripple, BNB, and Solana. In a bull market, the exchange rate rises happily, but it all has to be given back here.
A trend is a trend, a bear market is a bear market; give up the fantasy and prepare to welcome the final wave.
Recently, I've been losing money and feeling down; there's not much to say in my posts. My previous views still stand; we haven't hit the bottom yet, and I'm still bearish. I'll short on any rebounds. Plus, with the recent conflicts, the operational difficulty has increased significantly; I feel like I can't keep up in high-stakes situations, and my rank has likely dropped recently.
I've closed my real trading account, mainly because I opened a small position of 500,000 dollars in a small coin, which I would consider quite a large position. The depth is also poor, and I'm worried that some friends might get caught in a bad trade if they follow me. However, I can't just leave it open, so for now, I'll keep my real trading account closed. When this worthless altcoin either hits a stop-loss or take-profit, I’ll consider reopening my real account.
It's tough to navigate; it's better to be cautious and preserve the principal until a solid bottom emerges before buying in again. The current situation is quite uncertain.
The market continues to fluctuate. I have suffered a loss of 100,000 dollars from the peak, which is painful, and I have lost five consecutive trades, leaving me numb.
I will share my personal views on the future market. I am observing the market casually and just chatting a bit; this does not constitute trading advice.
It has been fluctuating for over 20 days here, and the direction should be revealed soon. The large market capitalization of Bitcoin is breaking through. There is a high probability of a sharp drop; if Bitcoin breaks through the daily mid-line, I will long Bitcoin to hedge the short positions.
The Ethereum exchange rate is about to experience a major downward wave. Do you think that the explosion of Huobi is the end of it? The explosion is just a detour; Ethereum is heading towards zero.
Most of the low market cap junk altcoins have already experienced significant declines and are not worth shorting. Currently, there is still considerable room for medium and large market cap altcoins. Find a position with a high risk-reward ratio to hold for two months, such as SOL, ETH, XRP, BNB, etc. They still need to be cut in half; Bitcoin will be relatively stronger.
The market is as difficult as ever, and it's another day of continuous losses.
I no longer have the courage to open the trading software.
$SOL looks like it might fall, so I tried shorting a bit to test the waters, but as soon as I shorted, I got trapped. There's a high probability that it will stop me out again, which is tough.
The way Ripple just entered the ICU and was discharged for a big health check the next day, walking slowly would have melted it; I really want to curse.
Last night I placed an order for 68 contracts shorting SOL, then got scared that Ethereum might drag it down and withdrew, so cowardly.
Let’s talk about the current view: the rebound here is very urgent. The biggest reason why it didn’t drop last night to go against Huazi is that the damn short trades are too crowded; going short is more profitable. Today, I got rid of the shorts, so I should continue to go against Huazi. Since I'm here, isn't it certain to go in and blow it up a bit?
What fun is there in altcoins, the volatility of $XAG is just too entertaining
Last night, after cutting losses at the 87 bottom, I was afraid it would go to 100, so I casually opened a long position of 50,000 dollars to prepare for the last bite. Unexpectedly, it crashed directly today, and I can happily add to my position.
Normally, it should be about done here, but we can't rule out a crazy drop to around 60, so keep some backup and wait to see if there’s an opportunity. In this kind of volatile market, just grabbing a little is fine.
Silver and gold have both made profits in three trades, but valuable real gold and silver cannot be held onto; those who haven't played with these things can only hold onto air coins.
Long-term sufferers soaked in the garbage pool, sigh.
If $XAG can stabilize here tomorrow, continue to chase the long position, make a few points and then run away again.
$XAG The trend is basically still relatively easy to grasp, and the only regret now is that the position was opened too small, scared by the initial 0.5% capital fee.
The top post has been announced one month in advance. Congratulations to those with fate; avoiding it is always a good thing, and you can buy cheap chips.
The short line here may be approaching a position, but it’s hard to say… I have gone long on Bitcoin, and the hedge on altcoins has also been trapped; let’s hope for a rebound.
It may rebound, or it may not. The trend continues to look bearish, and the moving averages are coming down rapidly; the trend will only get stronger! Even if the apocalypse comes, it will still drop, and that’s what this position is talking about!
What kind of walking method is this, $BTC has collapsed, the counterfeit exchange rate has also risen, it turns out that altcoins are the real Bitcoin?
Comprehensive breakdown, the zeroing market in February is coming, after one wave it will go to 45,000, all will die, only you have not died.
Shorting altcoins is still hard, but luckily I stopped the loss. The highest today was 0.55, almost melted down. Shorted 50,000 dollars, it hurt a lot...