113500 Short position trapped? Mr. Jin teaches you three tricks to turn danger into safety, the next stop is to turn around!!!
Brothers, I am Mr. Jin from the crypto circle. This morning, a bunch of fans cried out: last night I opened a short position on BTC at 113500, and now it has surged to 115000, directly trapped! Don’t panic, Mr. Jin will give you some tips!
Why are you trapped? The data speaks!
Look at the K-line chart: the current price is stable above 115000.
The key is to look at the BOLL indicator, with the upper track at 115929 and the lower track at 113990. You opened your short position at 113500 on the lower track, which should have been support, but the price didn’t drop and instead rebounded, indicating that the bears are weak and the bulls are still holding on! The RSI indicator is neutral to bullish, and it may continue to fluctuate upwards in the short term. So you are trapped because you went against the short-term trend.
Three tricks to get out, emergency rescue!
Stop loss to save yourself: The most important! Current price is 115000, if it rises to the BOLL upper track 115929 or even higher, you might get liquidated. It is recommended to set the stop loss at 116000; losing a little money is better than going to zero.
Gradual closing of positions: The BOLL lower track 113990 is strong support; if it pulls back to this level, you can get out. But be patient! You can close half at 114500 and the other half at 114000 to reduce risk.
Hedging strategy: If you have enough funds, open a small long position at 115000; if it rises, you profit from the long position, and if it falls, the short position gets you out. This trick requires skill, and Mr. Jin will explain it in detail later, follow me, don’t miss it!
Look at the liquidation data: 3.61 billion liquidated in 24 hours, 118,000 people affected, with 2.36 billion in short position liquidations. This shows that the bear market is brutal, and market sentiment is leaning towards bullish; don’t stubbornly hold your short position!
Mr. Jin’s secret: watch the indicators to avoid pitfalls!
BOLL: The upper track is resistance, and the lower track is support. The price is above the middle track, slightly bullish. Your opening position on the lower track is correct, but you need to adjust in time.
RSI: Above 70 is overbought, below 30 is oversold. Now it is 45-58, neutral, continuing to fluctuate in the short term.
Remember these, and take fewer detours! Mr. Jin has more exclusive indicators, such as predicting liquidation points; want to know? Follow me for the upcoming revelations! Follow Mr. Jin, and you won’t get lost in the crypto circle!
#加密市场反弹 #山寨币市场回暖 #BTC
Being trapped is not terrible; what’s terrible is not being able to adapt. Today’s three tricks are just an appetizer!
Brothers, I am Mr. Jin from the crypto circle. This morning, a bunch of fans cried out: last night I opened a short position on BTC at 113500, and now it has surged to 115000, directly trapped! Don’t panic, Mr. Jin will give you some tips!
Why are you trapped? The data speaks!
Look at the K-line chart: the current price is stable above 115000.
The key is to look at the BOLL indicator, with the upper track at 115929 and the lower track at 113990. You opened your short position at 113500 on the lower track, which should have been support, but the price didn’t drop and instead rebounded, indicating that the bears are weak and the bulls are still holding on! The RSI indicator is neutral to bullish, and it may continue to fluctuate upwards in the short term. So you are trapped because you went against the short-term trend.
Three tricks to get out, emergency rescue!
Stop loss to save yourself: The most important! Current price is 115000, if it rises to the BOLL upper track 115929 or even higher, you might get liquidated. It is recommended to set the stop loss at 116000; losing a little money is better than going to zero.
Gradual closing of positions: The BOLL lower track 113990 is strong support; if it pulls back to this level, you can get out. But be patient! You can close half at 114500 and the other half at 114000 to reduce risk.
Hedging strategy: If you have enough funds, open a small long position at 115000; if it rises, you profit from the long position, and if it falls, the short position gets you out. This trick requires skill, and Mr. Jin will explain it in detail later, follow me, don’t miss it!
Look at the liquidation data: 3.61 billion liquidated in 24 hours, 118,000 people affected, with 2.36 billion in short position liquidations. This shows that the bear market is brutal, and market sentiment is leaning towards bullish; don’t stubbornly hold your short position!
Mr. Jin’s secret: watch the indicators to avoid pitfalls!
BOLL: The upper track is resistance, and the lower track is support. The price is above the middle track, slightly bullish. Your opening position on the lower track is correct, but you need to adjust in time.
RSI: Above 70 is overbought, below 30 is oversold. Now it is 45-58, neutral, continuing to fluctuate in the short term.
Remember these, and take fewer detours! Mr. Jin has more exclusive indicators, such as predicting liquidation points; want to know? Follow me for the upcoming revelations! Follow Mr. Jin, and you won’t get lost in the crypto circle!
#加密市场反弹 #山寨币市场回暖 #BTC
Being trapped is not terrible; what’s terrible is not being able to adapt. Today’s three tricks are just an appetizer!
