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On the evening of May 26 in China, the Gate fan chat room has been set up. Brothers who often incur losses and get liquidated, follow me and enter the chat room for交流. I provide strategies every day to help brothers profit, focusing on the strategy points for buy low, sell high to ensure profits. The initial position should never exceed 5% of your total position, otherwise, if the leverage is too high, you won't be able to withstand sudden big pumps or big dumps. Always leave yourself a chance for Margin Replenishment to average down in a bail-in.
BTC Long Position Strategy for the Evening of May 26
Entry position: 108350-108850 (total position around 2%) leverage 100X-125X
Stop-out Position: 110000-111000 (Profit at your discretion)
Defense Position: 107450
( falls below the support level to see the strength of the rebound. If the rebound can close back above the support level within one or two minutes, then do Margin Replenishment and continue to hold. If it falls below and then rebounds but cannot maintain the support level, directly close the position, as a sell-off has a chain reaction. The initial break may be a false break and not a true break.
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BTC Short Position Strategy for the Evening of May 26
Entry position: 110600-111200 (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 subsequent pump could be to hunt for stop losses or to pump up for selling. After the breakout, we need to watch for a pullback. If each wave is higher than the last, it is almost certain to be a stable breakout, and at that time, you can close your position.
(()#BTC #PI