3 Strategies for Trading#MAJORCoin as Bitcoin Price Rise BTC:
1. Reflection strategy:
- Direction: SHORT
- Entry price: When the support level at $1.094 is broken
- Target price: $1.080
- Stop Loss Price: $1.105
This strategy is based on the continuation of the current trend and using the support level as a potential entry point.
2. Oscillation strategy:
- Direction: Oscillating
- Entry price: Upon breaking the resistance level at $1.139
- Target price: $1.150
- Stop Loss Price: $1.130
This strategy is based on the continuation of price movement between support and resistance levels.
3. Follow-up strategy:
- Direction: SHORT
- Entry price: When the support level at $1.094 is broken with confirmation from the RSI indicator
- Target price: $1.080
- Stop Loss Price: $1.100
This strategy is based on the continuation of the current trend with the use of the RSI indicator as additional confirmation.
Traders should monitor market developments and manage risks well while implementing these strategies. Please note that the forecasts are for reference only and are not investment advice, and that the
Investment involves risks.