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Family, I'm about to run! Trump’s dinner is coming soon, where to escape? How to trade BTC, come take a look.
1. First, Trump will hold the Trump Coin Carnival at Mar-a-Lago tonight at 8 PM, and it has already started to rise, ready to escape the top at any moment! When does that dinner end?
2. The dinner ends around 3 AM Beijing time, but the coin price is likely to fall before it ends. I personally plan to take profits on the rise, slowly selling from 6 PM to 10 PM. Although there is minor resistance around 3-3.1U, I hope it can reach the 3.4 resistance level, which would be perfect.
3. Besides that, I also plan to set up a small short position when the banquet ends. If it rises too much, I will set up more, because the more it rises, the larger the correction after the good news is exhausted, and the more profit there will be.
4. Currently, at around 3U, the price has already increased by 7% compared to our cost of 2.8, which is pretty good. But honestly, if 3.1U is the top, it would be quite disappointing, because last year it rose by 40%.
5. Also, our crude oil short position is doing well, dropping from 98 to a low of 92, a 5% profit. But I think there’s still more room to go, waiting for the US and Iran to fully reach an agreement, then crude oil will have a big plunge, a wave of takeoff. Don’t rush, opportunities are always reserved for those who are prepared.
6. As for BTC, it’s currently consolidating in a narrow range. Shuqin mentioned this yesterday: the small resistance above is at 78.5k, and the small support below is at 77.3k. As shown in the chart, we also shorted at 78.5k resistance, ready for another wave. No need to be too fancy, just steady daily operations~