Market analysis on December 14: How to make money in volatile markets?
Today is Saturday, we will answer the questions asked by users in the live broadcast room every night, and select targeted questions to organize the text. Friends who don’t want to miss it, please move to the live broadcast room every night~~~
Today is Saturday, we will answer the questions asked by users in the live broadcast room every night, and select targeted questions to organize the text. Friends who don’t want to miss it, please move to the live broadcast room every night~~~
Q: The market has been volatile recently. How can you make money in this market?
Answer: In the volatile market, the first thing is to lower the profit target, and the second is to choose a good entry point. Especially in a market that fluctuates within a narrow range, the profit target must not be set too high. It belongs to the form of pulling wool, and once there is a profit, you can go. At the same time, the overall trend must be taken into account when operating, and there must be a certain bias in the direction.
Question: Will the current market reverse around the mentioned 7150-7200?
Review on December 14
Lighthouse Community—Jiangge
BTC
Lighthouse Community—Jiangge
ETH
Bitcoin is still maintaining a weak rebound at present, and the strength of this rebound is getting weaker and weaker, but what needs to be paid attention to is the time. If the short-term here is not sideways from now to night, the short-term bulls will still pull. But the overall strategy is still high and empty at present, because the 7450 mentioned above has not been reached, that is, it has always belonged to the category of vacancy.
BCH
At present, the trend of Ethereum is slightly weaker than that of Bitcoin, but there will still be a short-term withdrawal here. After the withdrawal, it is expected that the strength will not be too large. It is still mainly to look for a high altitude of 145-146.
LTC
Don’t short-term bitcoin cash short-term in the afternoon, wait until the evening to see, the short-term here is still very strong, especially don’t chase short, it is easy to stop losses.
EOS
The trend of Latiao has reached a critical position at present. If the price stabilizes at the time of writing the article, it will be a good opportunity to go short after that. Then back pump and empty again.
XRP
The trend of grapefruit has not yet broken below the key point. It is now a weak trend. It will not accelerate until it breaks below 2.605. It may still be able to maintain a shock before, but this shock range is recommended to be selected after going up. High altitude is best.
Ripple is following its own rhythm. Currently, given that other currencies are weak, Ripple is also going to be short, but in view of the bottom relationship mentioned before, it is not a particularly good choice.
