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Feb 2, 2021 12:02 AM

Binance BTCUSDTPERP (Short Term Strategy) - February 2 

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

If you are new to derivatives, please refer to our other short-term strategies.

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All transactions are done in installments.
Accordingly, it is recommended to set the entry point, the target point, and the stop loss point as a division.

1. Entry section: within the box section indicated on the chart
2. Target point: Fibonacci retracement point
3. Stop Loss: Determined according to the situation (when sudden movement is expected or comes out)

It uses a method to meet the rating by entering into divisions rather than Stop Loss.
Accordingly, it is recommended to use a low leverage ratio or enter only 50% of the total investment.
The transaction is also conducted using the horizontal point indicated by the indicator set in the chart.
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