$SUI has entered a dense cloud area.
According to the rules, we will
1. Wait for the price to break through the cloud with increased volume to go long
2. Stay out
The cat opens a long position when the price just breaks through the cloud. Now it is at the peak, not knowing where the price will drift while it is in the dense cloud.
Meowket Maker knows one thing for sure, that is the price will go sideways. It also knows that it will not cut losses unless the price breaks the nearest support at 3.7.
The cat will still hold grid Long X2 $SUI . It knows that the price can only fluctuate, as long as it rises and falls without breaking support, it will still make money from the fishing net woven by the long and short orders placed by the automated bot.
Thank you Binance for this truly powerful grid bot tool. Whether you are a beginner or have been playing for a long time, the grid trading bot x2 will help you reduce risk thanks to the grid trading orders and increase profits also thanks to the ups and downs, bouncing back and forth, buy low sell high.
It's just like when you open a normal position, for example R:R = 2:1.
In fact, thanks to the grid trading bot, this ratio will change, thanks to the amount of X profit generated from Buy low Sell high transactions.
The estimated actual RR ratio will be 2.4/0.8 = 3:1.
With this RR, the cat knows it only needs to be right 25% of the time to have sustainable profits.
With the Ichimoku strategy, the profit ratio will be no less than 50%.
Slot machine sound*
Back to trading Shuiii
Meowket Maker continues to hold the grid long and wait. As long as it hasn't broken SL: 3.7, it is still strong. Entry: 3.93
Target according to RR 2:1 is 4.39.
