ORDI Trading Strategy (Oudi is a coin that Changkong often trades. The last entry point was at 37, and the highest point in half a month was 65.6)
Trend judgment:
Overall trend: In an upward trend, it is more advantageous to go long.
Entry price: 32-35 USDT
Support area: between 32-35 USDT. If there is strong support and rebound in this area, you can consider entering the market.
Risk management:
Profit target:
42 USDT: short-term resistance level, first profit stop point.
46 USDT: medium-term resistance level.
49 USDT: recent high point, maximize profit.
Stop loss position: 26 USDT
Stop loss is usually set below important support to reduce losses.
Position control:
Avoid investing all funds at once, and ensure that the position is controlled at about 20% of the total account funds.
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