Friends in the cryptocurrency circle, don’t always say that Lao Deng doesn’t publish market analysis and strategies. The market analysis and strategies you want are here. If you want to make money, you can take a look!
Let’s first look at the BTC fund situation today. We can see from Figure 1 that the short potential has slowed down today, resulting in a small volatility. In the absence of drastic fluctuations, we can use hedging orders to make orders.
The specific method is that we first find a range of recent fluctuations, and then open an order in this 56547-59661 range,
BTC: 56746-56547 open long, 56000 stop loss, 59245-59661 take profit
59245-59661 open short, 60161 stop loss, 56746-56547 take profit
(The above is based on the order opened without large fluctuations. The specific situation needs to be analyzed specifically. The definition of the order is to lose 500 points and eat the profit of 2000-3000 points. It is not ruled out that the position where you open the order is fluctuating, which will make your order lose money all the time. In this case, you must cancel the order in time)
Lao Deng does not recommend opening the above orders. The profit of such small fluctuations will be very small. This kind of hedging order is originally opened to reduce risks. Another point is that friends who do not accept losses should not open them, and gamblers should not come!
