XBTUSD (Short Term Strategy) - January 1

Jan 1, 2021

The short-term strategy between the intervals 27607.0-28105.5 and 31096.5-31595.0 was published.

The ascent range of section A and the rise range of section B are different.
You can see that the strength required to ascend is weak.
As mentioned in the 1D chart description, we need to think about preparing for a short-term downtrend.

(LONG)
1. Entry point: When breaking above the 28233.5 point
Target point: 1st 29601.0 point or higher, 2nd 30224.0 point or higher
Stop Loss: 27750.5 point
(However, if it does not exceed the 28744.0 point, it is Stop Loss.)

2. Entry point: When it exceeds 31595.0 point
Target point: 32592.0 point or higher
Stop Loss: 31096.5 point


(SHORT)
1. Entry point: When breaking below 31096.5 point
Target point: 1st 29601.0 point or less, 2nd 28744.0 point or less
Stop Loss: 31595.0 point
(However, since you can touch the 30224.0-30887.5 range and climb, you need to trade carefully.)

2. Entry point: When breaking below the 27607.0 point
Target point: 26610.5 point or less
Stop Loss: 28105.5 point
(However, if it does not break below the uptrend line, it is Stop Loss.)