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Evening opening strategy on May 29th, the fan chat room on Gate has been set up. Brothers who often incur losses and get liquidated but don't know how to operate, follow me. I provide strategies every day to help brothers profit. Opening strategies will be provided every day. (, never let your position exceed 5% of your total position, otherwise, if the leverage is too high, a sudden big pump or big dump will be unbearable. Always leave yourself a chance for margin replenishment to bail-in and average down. )
BTC long position strategy on the evening of May 29 (, enter a position based on your own risk tolerance ).
Entry Position: 106000-106500 (about 2% of total funds) Leverage 100X-125X
Stop Position: 107500-108500 (Profit to be managed by yourself)
Defense Position: 105000
( broke the support level, watch the strength of the rebound. If the rebound can close above the support level within a minute or two, then do a Margin Replenishment and continue to hold. If it breaks down and then rebounds but cannot maintain the support level, close the position directly. A market crash has a chain reaction, and the initial break may be a false break, not a real break.
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BTC Short Position May 29 Evening Strategy ( Open a Position based on personal risk tolerance )
Entry Position: 109100-109600 (about 2% of total capital) Leverage 100X-125X
Stop-loss Position: 108000-107000 (Profit to be managed by yourself)
Defensive Position: 110600
( breaks through the defense level, we need to see if it can stabilize at the defense level. The previous rise may have been to clear stop losses or to pump up for selling. After the breakthrough, we need to watch for a pullback. If the pullback has each wave higher than the last, it is almost certain that it is a stable breakthrough, and at that time, we can close the position and exit ).
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