@BitlayerLabs #bitlayer
1️⃣ Main focus: Trend + Pullback
• Why: New project cryptos often move with strong impulses and clear pullbacks. Trading in favor of the trend reduces the risk of getting caught in a bad moment.
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2️⃣ Tools to use (in Binance App)
1. Candlestick chart (1H for intraday or 4H for more calm).
2. EMA 20 and EMA 50 → indicate trend.
3. Volume → confirms if the movement has strength.
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3️⃣ Entry rules (buying mode)
1. Identify bullish trend: EMA20 above EMA50.
2. Wait for a pullback towards EMA20 or EMA50.
3. Look for a strong green candle (bullish engulfing or hammer) as confirmation.
4. Enter just above the high of the confirmation candle.
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4️⃣ Stop-loss and Take Profit
• Stop-loss: below the minimum of the pullback (or 1 × ATR if you know how to use it).
• Take Profit:
• TP1 = +1R (risk equal to the distance of the stop).
• TP2 = +2R (double the risk).
• When reaching TP1 → move stop to entry price (break-even).
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5️⃣ Capital management
• Max risk 1% of your capital per trade.
• If you lose 3 times in a row → pause, review your analysis before coming back.
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6️⃣ Realistic example for $BTR
• Capital: 200 USDT
• Risk per trade: 1% = 2 USDT
• Stop: 0.005 USDT (example)
• Position size: 2 ÷ 0.005 = 400 $BTR
• Trend: EMA20 > EMA50 on 1H.
• Pullback to EMA20, bullish engulfing candle, entry and TP1 reached → stop at break-even, part of the position continues to TP2.