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BTC Trading Strategy
Short Positions
1. Short at 59250, stop loss 300, take profit 300 reduce position, aiming for 58300
2. Short on breakout of 60200, stop loss 300, take profit 300 reduce position, aiming for 59400
3. Short near the top after a continued rise to 61500; stop loss 300, take profit 800 reduce position; aiming for a pullback at the top triggered by bearish news
Long Positions
1. Long at 58300, stop loss 300, take profit 800 reduce position, aiming for a rebound to 60200
2. Long on drop below 57200, stop loss 300, take profit 800
3. Bottom fishing at 56100