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#BTC#
6 nights-7 days
Trading Strategy Layout
During January 6-7, short and long strategies were formulated based on the performance of BTC at different points. Utilizing key resistance and support levels and combining technical analysis to seize trading opportunities.
Two, Short Strategy
(1) Admission
1. Timing: January 6th - 7th, if the BTC price rebounds to the range of 100300 - 100800.
2. Confirmation signal: 4 - 6 hour candlestick forms obvious bearish patterns such as long upper shadow, double top, etc., and the trading volume decreases compared to the previous uptrend, indicating a weakening of bullish strength. Enter the market for short selling at this time.
3. Position: The initial position should be controlled within 20% of the total capital.
(II) Take Profit
1. Partial take-profit: If the price drops by 3000 points and reaches the 97300-97800 area, reduce the position by 50% and lock in profits.
2. Take Profit All: If the price falls more than 5000 points and drops to 95300 or below, close all positions.
(3) Stop Loss
Set the stop loss at 101800. If the price quickly rises above the 100800 resistance level and touches the stop loss, stop loss decisively to prevent further losses.
Third, long strategy
(1) Admission
1. Timing: In the premise that the price has not broken through 100,000, it falls back to the 96,000-96,500 range.
2. Confirmation signal: When a 4-6 hour K-line chart shows a long lower shadow and a bullish pattern such as a morning star, and the trading volume increases, it indicates that the bearish momentum has been released and the bullish traders are entering the market. At this point, it is time to enter long position.
3. Position: Long position should be controlled within 20% of total capital.
(2) Take Profit
Take profit target is set at the range of 100300 - 100800. Gradually close the position to lock in profits as the price rises to this range.
(3) Stop Loss
Set the stop-loss at 95000. If the price falls below 96000 and continues to decline to the stop-loss level, stop the loss in time to avoid further losses.
Risk Warning:
Market volatility risk: The price of BTC fluctuates dramatically, which may result in stop-loss and take-profit orders not being executed as expected. It is necessary to choose a trading platform with good liquidity and intervene manually if necessary.