BTC has fallen to 98900, and the short position has reached the take-profit level
and a round of rebound has started 📈 The 101000 level is currently showing a clear rebound, it’s a good time to enter a long position
Depending on personal preference, the order I provided during my live stream this morning (I forgot to take a screenshot, please send me one if you have it) was to enter a long position at 101100, and it’s currently in a floating profit of 300 points 💰
This strategy is a bottom-fishing strategy, which carries stop-loss risks because it’s a counter-trend trade, but our short position at 98900's take-profit point perfectly validates this, securing nearly 10,000 points
I think taking out over 1000 points of profit and setting a stop-loss for this trade is reasonable
There were 2800 people in the live stream this morning, and everyone is currently in floating profits; those who are worried can take profit, while those who aren't afraid, I at least want to take 4000 points before taking profit, it's up to everyone's personal decision $BTC