[Strategies for unwinding]
Hello everyone, today's post will be quite long. People who are trapped can read it carefully. I have many years of experience and hope it will be useful to you!
Key points: Find the top + replenishment signal + hedge!
Assuming that the current price is 95,000, it has broken through the previous historical high, or will break through 100,000 in the future. When there is no resistance above, your liquidation price is very close. How to unwind?
Example: Xiao Ming holds 1 big cake, the point is 76,000, and is trapped to 95,000, reaching 19,000 points of space. The floating loss is 19,000 dollars, and there is 5,000 dollars of principal left. 100,000 is liquidated.
Both methods should be used!
Be prepared for long orders to be trapped, always defend against 5,000 points of liquidation, and have been trapped at 19,000 points. It is easy to lock the position directly. Regardless of whether it will fall or not, open 0.3 big cakes first to increase the liquidation price!
Second, do not sell long orders after making a profit. If the price drops by about 5,000 points, add 0.2 long orders. The long position should not exceed half of the short position to prevent being trapped twice.
Pay close attention to the 4-hour level line. When there is a signal of opening high and going low, be brave to add a little to the average price. Each time you add a position, bring a 500-point stop loss. The best way is to look at the 15-minute line and try to add the position at the highest point.
When there is no resistance above, you can refer to the long-short ratio, the liquidation chart, and the sideways area below.
The sideways area is the area of trapping. Assuming that the one-hour line is sideways for a long time around 84,000, most people are short at this position. Don't ask why.
The sideways area pulls up from 11,000 to 13,000 points, which is most likely the top of the bullish trend, because the dealer wants to liquidate this group of people, more than 10,000 points are enough to liquidate.
The key point is that the 1-hour line opens high and goes low, and the 4-hour line opens high and goes low.
If you find that the 4-hour line is about to end, but it still feels upward and has not recovered significantly, it is likely to continue to rise, so you cannot cover your position!
After the decline, you must seize the opportunity to cover your long position once, because the first decline is likely to rebound. Wait until the rebound before selling half of the long position.
At this time, you must pay attention to the 4-hour line of the big cake to see if a wave is formed and adjusted downward. That is, every time the rebound does not break through the previous high point, you can slightly cover your short position when it is close!
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