SoftKill21

An easy yet super efficient trading strategy for any market

Education
BINANCE:BTCUSDT   Bitcoin / TetherUS
An amazing combo strategy for trading.

Steps:
1. INTRUCTIONS
Plot the 7, 14, 33, 60 on the chart

Lets assume we use a 1h chart. For this we will plot on the support and resistance levels onto the chart using the 4hr or daily chart values.
For other timeframes, change the values with a 4-8x difference.

For this example I took BTCUSDT 1h, and you can see that the support and resistence on 4h is making the 30.5k - 41k channel more or less.


2. RULES
Once we have established and marked the territory zones , lets get down to business.

For the best results, it is best to enter the market when you find price hovering around a support or resistance level. Once price paints a confirmation candle you can enter the market, or you could wait until the 7 MA has crossed the
14 MA.

Entries at MAJOR support and resistance levels are key and will provide a greater return.

Always exit your trades once price returns to another support or resistance area. You can use the 33 and 60 MA as a stair stepper to get out of the market to protect your equity on your trades. However, re-entering the market once
you get confirmation of the market continuing in the original direction is a safe move.

Below you can find some examples for BTCUSDT 1H


3. RISK MANAGEMENT

For STOP LOSS you can use the value below the support zone, while for TP you can use either the resistence point or the support zone from the 33 or 60 SMA or a multiplier of the original distance below the support zone .





My website: www.atraderlife.com/

Telegram group: t.me/atrader_life

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