Recent Trading Ideas Record:



I. Bitcoin Rebound (Optional) (Chart 1)
1) 0.382 is the conventional rebound level;
2) 0.5-0.618 is the rebound level that frustrates bears;
3) Any higher is pure market maker manipulation territory (this consolidation range frequently reaches 0.786);

II. Short Positions After Rebound (Chart 2)
1) Still waiting for wave patterns; waiting for the structure to complete.
2) Since the drop from 76000, it's been an impulsive wave, so there must inevitably be at least one more impulsive wave following it. The first wave's strength is quite impressive (nearly 10,000 points). Need to observe the ratio between the second and first impulsive waves. If it exceeds 1:1, then previous lows will likely be broken, and breaking previous lows could lead to another impulsive wave;

III. $CRCL (Gaps and important consolidation zones marked in Chart 3)
1) Due to the overly aggressive rally earlier, we're still in a phase where bullish sentiment hasn't cooled, uncertain about what this market maker wants to do;
2) If both S&P 500 and Nasdaq completely capitulate, then this stock could shake out the bulls who caught the faith during this period;
3) It's been dragging above 120 for so long without breaking down; if it does come down, it must shake out the stop losses of those holding costs above 120. If it reaches the gap at 103-104, we can reassess the situation (unless it doesn't reach there; if it truly does, such an obvious level may not necessarily be the bottom). That would be the time to pick up bargains.

IV. Gold (Rebound resistance around 4700+)
1) Just compared notes—silver is not ideal (ugly price action);
2) As for gold, the levels aren't clear. If choosing between bitcoin and gold, I'd prefer bitcoin, because bitcoin is trading an impulsive wave, while gold is trading a corrective wave. Corrective waves can move however they want; rebound heights are uncertain. Impulsive waves have defined heights.
BTC-0,86%
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