$BTC The 7th order continues to make profits🔥🔥
Yesterday, our sixth order successfully took profit at 57500 and won 3,000 points; then the seventh order entered the market again at 55600 to go long. From the perspective of the results, it was almost 100% successful in buying the bottom (see Figure 1 below)
So how do we deal with our long positions next? I will explain with my operation order. First, we can look at the second picture. After the current level of 58,000 stabilizes, we can expect the Bitcoin price to move to the next pressure support level—that is, the range of 63,000-63,300. Therefore, I have placed an order to take profit of 50% of my position at 63,000, and will cover the position during subsequent backtests.
Operation reference:
Take Profit: 63000
Entering the market: Friends who have not followed the 7th order can wait until the backtest gap of 63,000. (I will post in advance at that time)