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March 9th, Daytime
Identifying the right position and placing a good order are two different things.
When you truly become a ruthless trading machine, it can also be a very boring process.
Crude oil has already gone completely crazy. Before the crypto market experiences a bloodbath, Brother Dog remains cautious about long positions.
When crude oil rises, global stock markets fall. Funds tend to flow into more reliable assets. The crypto market is a high-risk asset class, and under loose monetary policy, it is in a bull market. When monetary policy and risk appetite become more conservative, the crypto market becomes a target for collective capital withdrawal. Although current levels are relatively low, it does not prevent capital from fleeing.
Before a wave of emotional sell-offs in the crypto market, Brother Dog is not optimistic about bullish trends.
Long at 1863, add at 1817, stop loss at 1790
Take profit: 1908-1945-1975
Short at 1985, add at 2012, stop loss at 2030
Take profit: 1945-1908-1863