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OKEX BTCUSDTPERP (Short Term Strategy) - January 1

OKX:BTCUSDT.P   BTCUSDT Perpetual Swap Contract
A short-term strategy between the 27548.0-28042.9 section and the 31012.3-31507.2 section is published.

As mentioned in the 1D chart description, we need to think about preparing for a short-term downtrend.

(LONG)
1. Entry point: When exceeding the 28042.9 point
Target point: 1st 29398.7 or higher, 2nd 30611.3 or higher
Stop Loss: 27548.0 points
(However, if it fails to break above the uptrend line or 28792.5 point, it is Stop Loss.)

2. Entry point: When breaking above 31507.5 point
Target point: 32430.0 point or higher
Stop Loss: 31012.3 point
(However, if it does not break above the uptrend line or 31823.8 point, it is Stop Loss.)

(SHORT)
1. Entry point: When breaking below 31012.3 point
Target point: 1st 29527.6 or less, 2nd 28792.5 or less
Stop Loss: 31507.2 point
(However, if it does not break below the 30611.3 point or the upward trend line, it is a Stop Loss.)

2. Entry point: When breaking below the 27548.0 point
Target point: 26558.2 point or less
Stop Loss: 28042.9 point
(However, if it does not break below the uptrend line, it is Stop Loss.)


[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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