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The position opening strategy for May 29 is set. The fan chat room on Gate has been established. Brothers who often suffer from losses and get liquidated, follow me. I provide strategies every day to help brothers make profits. The position opening strategy will be provided daily. The position starting with ( should never exceed 5% of your total position, otherwise, with high leverage, sudden big pumps and big dumps will be unbearable. Always leave yourself a chance for margin replenishment to bail-in and average down the price, ).
BTC long position strategy on May 29 noon ( enter a position based on your own risk tolerance )
Entry Position: 106300-106800 (about 2% of total funds) Leverage 100X-125X
Stop Position: 107800-108500 (Profit at your own discretion)
Defense Position: 105500
( 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 Margin Replenishment and continue to hold. If it breaks down and then rebounds but cannot maintain the support level, directly close the position. A dump has a chain reaction; the initial breakdown may be a false breakdown and not a real one.
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BTC short position strategy on May 29 noon ( open a position based on your own risk tolerance )
Entry Position: 108650-109150 (Total Capital around 2%) Leverage 100X-125X
Stop loss position: 107500-106000 (profit to be managed by yourself)
Defensive Position: 110200
( Breakthrough of the defense level, we need to see if it can stabilize at the defense level. At that time, the pump may be to clear the stop losses or may be to raise the price for offloading. After the breakthrough, we need to look for a pullback. If each pullback is higher than the last, it is almost certain that it is a stable breakthrough. At that time, you can close your position and exit ).
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