6/1 BTC intraday trading strategy



71800-72400 zone for phased long positions

Take profit target: 74200-75400

Currently, BTC is still trading within the 72400-74200 oscillation range, the market may not be large, but it’s completely fine to eat back and forth 1000-2000 points.

Many small partners cannot make money in this oscillating market, actually not because the market doesn’t give opportunities, but because execution ability is problematic.

A little rise makes you think it can go higher, afraid to short at high levels; a little fall makes you think it will crash, afraid to buy more at low levels.

The result is chasing the rise and killing the fall, hitting face back and forth, making the trades more and more chaotic.

The biggest fear in trading is not misjudging the direction, but lacking your own trading logic. The main force most likes to harvest is precisely this kind of emotional trading chips.

At this stage, stick to the old idea of approaching support with bold low buys
Near resistance, staggered high sells

Don’t always think about catching the lowest and highest points, it’s more important to secure profits within your own range.
BTC-2,79%
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