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- Copy Trading Master’s Introduction
User Nickname: @Onlooker
Trader’s Profile: https://www.lbank.com/copy-trading/lead-trader/?id=LBA3D77490
Trading Style: Hedge Arbitrage, Swing Trading, Intraday Trading
2. Trade Operation Recap
Going long on APEUSDT with 10x leverage (Swing Trade),entry at $1.03 USDT, exit at $1.07 USDT, generating a 38.84% ROI . As shown in the chart below:
3. Trade Review
3.1 Market Background
On October 11th, U.S. bond yields fell more than 10 basis points in a day, leading some traders to believe that the Federal Reserve might delay raising interest rates. Some senior Federal Reserve officials began to believe that higher yields were putting pressure on the financial situation and might substitute for further rate hikes. This view received support from the dovish faction of the Federal Reserve, including the Atlanta Fed president. However, there were concerns about the risks of this view, particularly in the face of inflation triggered by factors such as the Israeli-Palestinian conflict.
Despite a significant rise in oil prices, the market appears to believe that the impact of the Israeli-Palestinian conflict on oil prices is limited. Some analysts are concerned that the conflict could lead to a stagflation scenario similar to the 1970s, but others believe that this is not currently the case. Although some Federal Reserve officials have expressed confidence in no further rate hikes, the market may have too quickly ruled out the possibility of another rate increase. As U.S. bond yields decline, this view may be reconsidered.
3.2 Trade Analysis
From October 11th to October 16th, on the 4-hour Bitcoin chart, it bottomed out, consolidated, and then rose again, as shown below:
As Bitcoin gradually approached its bottom, it was observed that APE showed a bullish MACD divergence on the 4-hour chart. On the 15-minute chart, APE found support around $1, and the price fell several times but failed to break below effectively, creating buying opportunities around $1.03. Subsequently, the price rallied, and the significant resistance level of $1.08 was reached. The price slowed down upon reaching this level, followed by an exit. As shown below:
3.3 Winning Strategies Summary:
Swing trading requires selecting assets with favorable trends and trading in the direction of those trends.
Note: Personal opinion, for reference only. Opportunities and risks abound, always do your research before investing.