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On the evening of May 27th, the Gate fan chat room has been set up. Brothers who often incur losses and get liquidated, follow me and join the chat room. I provide strategies every day to help brothers make profits. Strategies will be provided every day at noon and in the evening. The position should never exceed 5% of your total position, otherwise the leverage is too high. If there is a sudden big pump or big dump, it won't hold. Always leave yourself a chance for margin replenishment to bail-in and average down.
Long BTC position strategy for the evening of May 27 ( open based on your own risk tolerance )
Entry Position: 107700-108200 (Total Position around 2%) Leverage 100X-125X
Stop Loss Position: 109500-110500 (profit is up to you to control)
Defense Position: 106700
( falls below the support level, observe the strength of the rebound. If the rebound can close above the support level within one or two minutes, then perform Margin Replenishment and continue to hold. If it rebounds after breaking below but cannot maintain the support level, close the position directly, as a big dump can have a chain reaction. The initial break may be a false break and not a real break.
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BTC short position strategy for the evening of May 27, ) open based on your own risk tolerance (
Entry Position: 111000-111500 (Total Position around 2%) Leverage 100X-125X
Stop Loss Position: 109500-108000 (profit at your discretion)
Defense position: 112500
( breaks through the defense level, we need to see if it can hold the defense level. The previous pump might have been to hunt stop losses or to raise for unloading. After the breakthrough, we need to watch for a pullback. If each wave is higher than the last, it is almost certain to be a stable breakthrough, and that is when you can close your position.
)()#BTC #PI