Make profits by using support and resistance! A straightforward breakdown of valuable insights, refuse to be suckers!

Hello brothers! Recently, many brothers have come to me complaining: "Teacher, you predict the market accurately, but the technical terms are too convoluted. Either we miss the market or we make mistakes directly!" Today, I will explain the core logic in plain language, so you can understand it at a glance and use it easily!

The market is actually not complicated; it's just a battle between "support" and "resistance". When it reaches the resistance level, it tends to pull back easily, and when it hits the support level, it is likely to bounce back. This is what creates the fluctuations shown in the candlestick chart.

What is a resistance level?

In simple terms, when the market rises to a certain level and the selling orders suddenly increase, it can no longer rise; this "sticking point" is called the resistance level. It's like passing levels in a game, with resistance levels categorized as the first, second, and third tiers: breaking through the first resistance level indicates strong bullish momentum, and it will continue to push towards the second and third resistance levels. However, the higher it goes, the weaker the momentum becomes (just like you need to rest when running), increasing the likelihood of a subsequent pullback.

Key usage: The resistance level is the "take profit point" for long positions and the "entry point" for short positions! Don't know where to sell long positions or where to open short positions? Just keep an eye on the resistance levels I provide every day!

For example: If Bitcoin stabilizes at 11000, a 4-hour rebound will be initiated. The upper resistance levels are at 11000 and 111500, so place take-profit orders for long positions at these two levels, while you can also open a short position with a small amount. If these two prices are directly broken through, don’t hold on stubbornly! Quickly exit manually and wait for opportunities at the next resistance level. Holding on when the bulls are too strong will only lead to losses.

What is a support level?

And the pressure level is the opposite: when the market falls to a certain position, there are clusters of buyers below, and it cannot drop any further; this "bottom position" is the support level. Similarly, it can be divided into three levels, and there will be a slight rebound at each level. If it directly breaks through, it indicates that the bears are strong and will continue to test the next support. However, the deeper it falls, the weaker the momentum, and the opportunity for a rebound will arise.

Key usage: The support level is the "take profit point" for short positions and the "entry point" for long positions! Don't know where to buy long positions and where to sell short positions? Follow the support levels I provided and you won't go wrong!

For example: If the secondary wife can't hold 4000, it will continue to fall, with support at 3960 and 3890. Close short positions directly for profit at these two levels, and you can also try to take a long position for a rebound. If it breaks down, exit decisively and wait for the next support level. Contracts are meant for low-cost trial and error; if you make a mistake, run quickly, and don't hold on stubbornly!

Core Summary + Practical Skills

1. When there is no major news, prioritize opening long positions at the first support level and short positions at the first resistance level. As long as there is a slight pullback/rebound, it can generally be profitable; if you want to be more conservative, wait for the second or third support/resistance levels to act, which has a higher win rate.
2. Many so-called "paid signals" are essentially placing buy orders at support levels and sell orders at resistance levels. There's no need to spend hundreds of U to pay tuition as suckers! I provide free market updates and levels here every day; isn't it better to just follow along with the trades?

The top priority: position management

Don't get impulsive and go all in! No matter how much leverage you use, your position must be controlled within 5%! Keeping your principal gives you a chance to turn things around; heavy bettors might make 10 times today, but could lose it all tomorrow. Those "hundred oil gods" and "ten oil gods" are all just gimmicks; long-term stable profits are the way to go!

Brothers, is there anything you don't understand? Just message me directly, and I will share everything I know with you without reservation! There's enough money in the market for us to earn together, so we don't have to be suckers! If you like it, give a thumbs up and follow, and I'll help you accurately catch the right points every day!