#BTC has been indicating the recent high point, there will be a pullback soon, with an expected target of around 95000, potentially reaching 93000+. Why didn't we short here? Let me explain. The 4-hour Fibonacci retracement point is near 98000, so the risk-reward ratio is not sufficient. Also, why didn't we participate in the fall process? The turning point near 90000 has lost its effectiveness, so there is a high probability of a Rebound here. If there is a Rebound, consider shorting, and the stop loss is the previous high point! In addition, for Musk's concept of meme, you can consider positioning at lower levels. This type of coin won't just come in one wave; opportunities arise from falls. The above suggestions are for reference! Please invest cautiously!
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YourBeauty
· 2024-11-15 04:48
Elon Musk endorsed pnutamazing, and the advice for everyone is to Spot Buy on Dips and Build a Position.
#BTC has been indicating the recent high point, there will be a pullback soon, with an expected target of around 95000, potentially reaching 93000+. Why didn't we short here? Let me explain. The 4-hour Fibonacci retracement point is near 98000, so the risk-reward ratio is not sufficient. Also, why didn't we participate in the fall process? The turning point near 90000 has lost its effectiveness, so there is a high probability of a Rebound here. If there is a Rebound, consider shorting, and the stop loss is the previous high point! In addition, for Musk's concept of meme, you can consider positioning at lower levels. This type of coin won't just come in one wave; opportunities arise from falls. The above suggestions are for reference! Please invest cautiously!