ETH/USDT perpetual long order trading strategy (for reference only)

Cycle: 1 hour;
Direction: long order;
Opening position: Line 1 or Line 2; compared to the two, Line 1 has a higher transaction probability, larger stop-loss range, and smaller profit-loss ratio; Line 2 has a lower transaction probability, smaller stop-loss range, and larger profit-loss ratio; choose the opening position reasonably according to risk management level and tolerance.
Stop loss price: Exit on stop loss if the 1-hour K-line closes below the marked line 3.
Take profit price: If monitoring ability is weak, set a fixed take profit target of 1%-3%; if monitoring ability is strong, move to follow the take profit. The first target usually reaches line 5, and reduce positions near line 5 on the first reach. For the remaining positions, maintain above line 5 as a defense and look for the second target at line 6. If stable above line 6, use line 6 as defense and look for the third target at line 7. If stable above line 7, look for higher levels, using line 7 as defense, and continue to move to follow the take profit.
Disclaimer
The information and opinions in the report are for the reference of the reader only and should not be considered as advice for actual investment transactions. Investors should assess whether to use the content of the report based on their personal investment goals, financial situation, and needs, and make independent investment decisions while assuming the corresponding risks.