Big Pie Evening Order Strategy Sharing (12.3)
1. Good evening everyone, I am Chen Changsheng. The market is starting to act up again, with back-and-forth movement between long and short positions. In this kind of market, I do not recommend entering at market price; placing limit orders is more prudent. Although Big Pie has experienced more downward movement in recent days, it is still moving steadily within the rising channel. When it hit the bottom, it rebounded immediately, quickly returning to the middle of the Bollinger Bands. However, from a technical perspective, it seems to have a bit of a downward trend like last night. The strategy is still to set up short positions based on the rebound high points after the decline. Yesterday, the long position at 93400 almost got in, but it was adjusted to the range of 91600-92200 before entering long positions. Such rapid rises and falls are meant to shake out high leverage and are not an ideal trading trend.
10:30, the U.S. stock market is mixed, so the reference value is not very significant. We still need to find a breakthrough point from the market!
2. Let's talk about the levels. The long position was adjusted to the range of 91600-92200 before entering long positions, targeting around 94500-95300. The short position will be entered at 96300-96900, and you can enter a small initial position with appropriate risk management. Alright, family, place your limit orders! I'm going to DJ! 😎 $BTC