ETC is one of the targets traded recently, and the opening price is around 25

Reasons for opening a position

-ETH's spot ETF news, ETC is also one of the targets

-ETC production reduction speculation is also a catalyst, and there is about a month left

-Long-term sideways prices are not afraid of being trapped, and chips are fully changed

The trading strategy is divided into three parts, the contract grid captures the shock profit, and the leverage is less than 2 times. The spot is held until the catalyst effect weakens, and the currency standard is used for the opportunity to take action again when the market falls

Contract grid: price range 20-50, 120-150 grids

Spot: below 25, the position is completed, and the market rebounds and the last entry is no longer added

If the market callback position is full, use the currency standard to add positions again

ETC currency standard contract: below 25, the order is placed in batches, and the needle is connected to 20, 3 times leverage

Observe the market situation at the stop profit position, reduce production about 10 days in advance to unload the leverage, and reduce the position by half when the price reaches the previous high of 39. Set stop-profit and stop-loss rules for the remaining positions to protect profits

If you want to learn more about the cryptocurrency circle and get first-hand cutting-edge information, click on the avatar to follow Sponge, which publishes market analysis and recommends high-quality potential currencies every day.