2. A Reliable Approach to Contract Grid Trading. In the past, when engaging in contract grid trading, I always preferred to set a larger range on both the upper and lower sides. This was to ensure that the price remained within the grid range, allowing for recovery through price fluctuations even if the market moved in the opposite direction. However, this approach makes it difficult to set stop-loss orders, as the fluctuations often yield minimal returns, and misjudging the market direction can lead to significant losses or frustration. Therefore, in subsequent operations, attention should be paid. For instance, if predicting a downward market trend, set the upper limit of the grid to the current position or slightly higher, and then establish a stop-loss. After making these settings, it is also important to try with a light position because, in grid trading, one crucial point to avoid losses is to maintain sufficient position size. Even if a stop-loss is triggered due to a misjudgment, it is unlikely that one will forget this trade; rather, the intention is to continue trying to recover previous losses. At this point, the steps to set up the grid can be repeated based on the situation.
1.$OM market value ranks 20, but the trading volume is very low, only over 100 million. This indicates that the hype has passed, and such a high market value cannot last long. It can be observed.
1. Continuously pay attention to $OM , the market value is currently overvalued, and there is a certain proportion of unlocking every day in OM, which will accumulate selling pressure. Therefore, shorting is also a process of accumulation; do not invest too much capital at once. 2. $XRP has a high trading volume every day, but has not reached the previous high point, as mentioned before, it is only a matter of time before the value returns to below 2.3.
1.$BNB Daily resistance, currently holding short positions, the first phase looks at 640, the second phase looks at 600.
2.$ETH Last night reached a high of 2840, it has been proven that the market is too large to sustain an independent trend for long, continue holding coins for a rise. If friends do not have positions, they can consider buying a little below 2700.
3.$XRP Currently in a phase of fluctuating decline, if the previous high of 2.83 is not broken, it is reasonable to find a point to open a short position.
0217 Trading Tips 1. Short at around 8u for $OM low leverage 2. Continue to hold $ETH , take partial profit above 3200 3. If it continues to rise, you can safely short around 3.3u for $XRP 4. You can hold some of $FIL in spot, and if the price drops to around 3.2u, you can buy in some more.
Ethereum monthly line is bullish weekly line is bullish daily line is bearish 4-hour line is bearish 1-hour line is bearish Intraday trading can wait until the key position is opened (such as around 2070)