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Cryptocurrency News Video

BTC, ETH (May 20) market prices, operating points and predictions. #bitcoin #binance #bitget #okx #ethereum #btc #eth #coinbase

May 21, 2024 at 12:42 pm 交易员老王

BTC, ETH (May 20) market prices, operating points and predictions. The secondary trend of BTC has changed, with prices above 64,500 closing lower. #bitcoin #binance #bitget #okx #eth #btc #ethereum #coinbase

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The truth will always be grasped by only a few people, otherwise there will not be enough rice.

(Video recording time: 2024.5.20.14 o'clock.)

☀ BTC main trend: up;

Secondary trend: rising;

Short-term trend: up;

BTC spot or low leverage: If you can accept the stop loss at 63,000, you can buy on dips.

☀ ETH main trend: down;

Secondary trend: up;

Short-term trend: up;

ETH spot or low leverage: If you can accept the stop loss at 2920, you can buy on dips.


✿Lao Wang said in the first three videos, "Breaking through 67300 is the key! If it can be broken through, the secondary trend will completely change, and then it is no longer recommended to go short!" Well, judging from the current form, unless it falls below 64500, Otherwise don't go empty again.

✿I am involved in analysis but not in trading. Analysis contains subjective assumptions and is nothing more than wishful thinking. Trading must follow the trend and take it as long as the market gives it an opportunity. No matter whether it is long or short, you must use the minimum price to gain the maximum. If you are right, keep taking the benefits, and if you are wrong, run away.

(See video for details)

✿ETH: For short orders that have taken profit near the points 4045 and 3670, it is recommended to set a moving take profit around 3240. On May 18, when the daily EMA60 indicator was entrusted at 3135, the short order was automatically shorted and the profit was not taken. The stop loss was set at most 2%.

✿BTC: It is recommended to set a moving take-profit around 56700 for long orders that have not taken profit yet near the points 38700, 46900, 47800, and 50290. If the 12-hour RSI indicator 20 commissions the automatic transaction of 56900, it is recommended to place a long order with a loss of 58600 or 58600. For long orders that have made profits but have not taken off near the 60700 point, it is recommended to cover the loss or hold them at the previous low of this cycle. The short order placed at 67300 on May 17th continues to set a stop loss of 68200.

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"Focus on Points" is released at 14:00 on May 20, 2024. (Limit price orders are very dangerous, and stop loss losses may be huge! Please operate with caution)

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BTC short-term ambush attention suggestions (do not open a position if the attention point does not meet the conditions, if accidentally activated, the profit or loss may be controlled by yourself):

Empty: (Automatic order) ❶ The order is automatically empty when the 12-hour RSI indicator is 80, and the stop loss is 1.5% (or you can control it yourself). ❷ The order is automatically empty when you touch the red X line, and the stop loss is 1.5% (or you can control it yourself).

Long: (automatic order) ❶When the daily RSI indicator is 20, the order is automatically long, and the stop loss is 2% (or you can control it yourself). ❷When you touch the white X line, you are automatically long, and the stop loss is 2% (or you can control it yourself).

(Attention) Near ❶64600, near ❷67500, defend near 63000, and target near or above 73000.

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Suggestions for short-term ambush operation of ETH (do not open a position if the focus point does not meet the conditions. If it is accidentally activated, please control the profit or loss by yourself):

Short: (automatic order) ❶ The order is automatically short when the 12-hour RSI indicator is 80, and the stop loss is 1.5% (or you can control it yourself). ❶ When the downward parallel line segment hits the upper track, it is automatically short, and the stop loss is 1.5% (or you can control it yourself). ❶If you touch the white X-line order, it will be automatically empty, and the stop loss will be 1.5% (or you can control it yourself).

Long: (automatic order) ❶When the daily RSI indicator is 20, the order is automatically long, and the stop loss is 2% (or you can control it yourself). ❶When you hit the downward parallel line segment, it is automatically long, and the stop loss is 1.5% (or you can control it yourself).

(Attention) ❶ Pay attention to around 3017, stop loss around 2960, ❶2720 around, defend around 2680, ❶2400 around, defend around 2350, target around 4045 or above.

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Special reminder: Do not trade frequently, and do not place counter-trend price limit orders on the left.

The points are fixed after the operation advice is released, but the market is changing rapidly like a battlefield. In order to reduce risks and improve the winning rate and interest rate, it is strongly recommended to watch the more scientific methods in the video to ensure thoroughness.
Video source:Youtube

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