I just opened a long position for BTC. Why did I open a long position at 66700?
Because this position is a support level at the 4-hour level. If it goes down to 66700, it means that the 4-hour level callback will start. Otherwise, if it does not fall below, the hourly level will still fluctuate upward. The two support levels that will be broken are 66100 and 65500. We open a long position at 66700 to bet on the current too many short positions in the market. The dealer will most likely harvest these short positions.
For the rise, we will first look at around 68000. If it reaches 70%, the second stop profit position will be around 69000. When doing contracts, you must bring a stop loss. Don't carry a single order. If you lose, you lose. Otherwise, you will return to zero sooner or later.
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