What should BTC do? Will it go up to 110,000 or break down below 100,000? I believe many people are quite confused, and right now, what anyone says doesn't count; it's all personal opinions and does not represent a certain market trend. Since everyone is uncertain, what should we do to be more secure?
First, if BTC is going up, then we can set up a long position around 103500, with a stop loss placed near 103000. The stop loss point is also 500 points. Once it breaks upward, it will be a big profit of several thousand points. It's no problem to use a small stop loss to gamble for a large profit.
The second option, if you want to go down, the key positions are just two: one is 105500 and the other is 106100. You can open a first order near 10550 and add to your position at 106100, with a stop loss set at 106500. This is also a stop loss of a few hundred points. Going down means breaking below 100,000, and the profit can reach several thousand points. So no matter which one you do, there is a large profit of several thousand points. Using one of the stop losses to earn several thousand points in profit is definitely worth it. #BTC #ETH
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If BTC is uncertain about the direction
This approach is more secure.
What should BTC do? Will it go up to 110,000 or break down below 100,000? I believe many people are quite confused, and right now, what anyone says doesn't count; it's all personal opinions and does not represent a certain market trend. Since everyone is uncertain, what should we do to be more secure?
First, if BTC is going up, then we can set up a long position around 103500, with a stop loss placed near 103000. The stop loss point is also 500 points. Once it breaks upward, it will be a big profit of several thousand points. It's no problem to use a small stop loss to gamble for a large profit.
The second option, if you want to go down, the key positions are just two: one is 105500 and the other is 106100. You can open a first order near 10550 and add to your position at 106100, with a stop loss set at 106500. This is also a stop loss of a few hundred points. Going down means breaking below 100,000, and the profit can reach several thousand points. So no matter which one you do, there is a large profit of several thousand points. Using one of the stop losses to earn several thousand points in profit is definitely worth it. #BTC #ETH