$BTC
I am numb, I really didn't expect the loss, I can't believe the pancake has dropped this much, I still think it's more reliable to be long on short-term and short on long-term, but I won't change my short position 😂
BTCUSDT
Perp
89,587.9
-1.63%
🎯 Brothers, let me talk about my plan for this position.
Although there is indeed a lot of bullish liquidity piled up below, my hands are a bit itchy to open a short… but thinking calmly, I still managed to hold back. Opening a short position now is really not worth it; one careless move can get me liquidated.
My strategy is very clear:
· Place many orders at 89566, waiting for a wave of downward movement to catch the dip.
· Set the stop loss at 89135 (which is about the position where short-term bullish liquidity gets exhausted).
· Look for take profit near 90860 (the midpoint of the oscillation zone, just grab a rebound and run).
Why not set the take profit at the previous high? This wave is mainly about making a rebound, not catching the tail end of the trend. Calculating, the risk-reward ratio is still decent, worth a try.
Now it's about patiently waiting for the market to give an opportunity; hunters don’t need to act every day. If we can get a pullback tonight or tomorrow night, this plan will work.
Are there any fellow traders waiting for a pullback? Place your orders, set your stop losses, and leave the rest to the market.
Strictly set stop losses and control your position, don’t catch the tail end of the trend.
{future}(BTCUSDT)
Although there is indeed a lot of bullish liquidity piled up below, my hands are a bit itchy to open a short… but thinking calmly, I still managed to hold back. Opening a short position now is really not worth it; one careless move can get me liquidated.
My strategy is very clear:
· Place many orders at 89566, waiting for a wave of downward movement to catch the dip.
· Set the stop loss at 89135 (which is about the position where short-term bullish liquidity gets exhausted).
· Look for take profit near 90860 (the midpoint of the oscillation zone, just grab a rebound and run).
Why not set the take profit at the previous high? This wave is mainly about making a rebound, not catching the tail end of the trend. Calculating, the risk-reward ratio is still decent, worth a try.
Now it's about patiently waiting for the market to give an opportunity; hunters don’t need to act every day. If we can get a pullback tonight or tomorrow night, this plan will work.
Are there any fellow traders waiting for a pullback? Place your orders, set your stop losses, and leave the rest to the market.
Strictly set stop losses and control your position, don’t catch the tail end of the trend.
{future}(BTCUSDT)
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