1. The current recommendation is to long on BTC. Based on the VAL (Value Area Low) rejection signal, a small upward rebound is expected before a new low is reached. This is a short-term bullish opportunity that combines "probing entry" and "overextension of the upward trend". 2. Position and Risk Management Recommendations: A small position with a limit order is recommended, with an entry price of 63936.1 and a stop-loss set at 62646.7. The stop-loss should be closely monitored to control risk. Three targets are set: 65528.0, 69519.0, and 72393.3, with profit-taking in stages to reflect a strategy of gradually adding to the position and realizing profits in batches. 3. This trading style is more suitable for aggressive short-term operations, seizing the rhythm of short-term rebounds, entering and exiting quickly, being wary of a retest of the lows after the rebound is overextended, setting tight stop-loss orders, and avoiding holding positions for too long. It is suitable for capturing high-probability bullish attempts within a range.
Summary of BTC: TraderCash Community Discussion (22:00:10 ~ 23:00:10)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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