Last night after closing the short position for profit, I observed the K-line for a little while. It had already fallen off track. Usually, a sharp decline is followed by a rebound. After confirming stability, I opened a small long position near the support level. However, considering that during Christmas the foreigners are all celebrating, the market may lack sufficient liquidity to push through 0.618. So I locked in a more conservative position around Fibonacci 0.5, just right at 87,800 (although it's still 8U short).

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)