1. The current recommended direction is to long, and we have successfully secured long positions. However, 66046 is a key resistance level; if it cannot be broken, a pullback is possible. We emphasize "do not blindly chase the rally," as this was a carefully planned "perfect long opportunity" a few days ago, with a hint of tentative position building. 2. Position Sizing and Risk Management Recommendations: It is recommended to set the stop-loss at the break-even point to avoid being "stop-loss hunters." The 5-minute chart shows a head and shoulders pattern, which carries risk; if the 5-minute candle closes below 65353.7, close the position immediately. Position sizing should be conservatively controlled to prevent short-term fluctuations from triggering stop-loss orders. 3. This strategy is suitable for aggressive short-term traders combined with robust risk control, emphasizing quick entry and exit while being wary of stop-loss hunting. Based on 5-minute timeframe technical patterns, it advises against overtrading and is suitable for short-term traders with a clear stop-loss discipline.
BTC: TraderCash Community Discussion Summary (04:00:09 ~ 05:00:09)
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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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