$BTC Today's Bitcoin strategy:


As usual, we use two methods: left-side and right-side trading! Two key levels: the first is 62330, and the second is 63170. These are the critical nodes for right-side trading. If it falls below the first level, it goes down; if it breaks above the second level, it continues upward!
There's not much market movement today, most likely it will fluctuate within this range. So we can go long or short at these two levels!
Right-side trading:
Long position method:
Condition: Bitcoin breaks above 63170 with volume, chase long on the right side.
Condition: Bitcoin hourly level breaks and holds steady above 63230.
Target: 63860-64500 (without news support, it's hard to go higher; reaching the first target is good enough).
Short position method:
Condition: Bitcoin breaks below 62300 with volume, chase short on the right side.
Confirmation: Hourly level breaks below 62200.
Target: 61460-60865.
Left-side trading
Long position layout: Place long orders near 61000-61500.
Can try long orders near 62300.
Short position layout: Place short orders near 63200-63800.
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OvernightPositionPhobia
· 07-04 08:06
How to set a trailing stop loss for a right-side entry? If it breaks below 62300 and I chase the short, would setting the pullback at 62500 be too tight?
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GateUser-9187acf1
· 07-04 07:43
Placed a buy order on the left side at 61500, hoping to get filled.
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LateAlphaCourier
· 07-04 06:43
This range-bound market is the most grinding. Place your orders and sleep; check if they've been hit when you wake up.
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