The counter-trend strategy involves trading futures contracts on the top 100 altcoins. To mitigate drawdown risk, we employ short hedging, dynamically adjust leverage, and utilize four types of stop orders. When the market exhibits strong movement, decisions are informed by Bollinger Bands. Conversely, during sideways market conditions, intraday volatility becomes a key consideration. The strategy was last updated on June 1, 2024, and can be implemented using Bybit and OKX accounts
Connect with:The strategy exclusively utilizes two coins: BTC3L and BTC3S. Thanks to an equal distribution of funds between long and short positions, the strategy performs well over extended periods, regardless of market direction. Despite BTC3L and BTC3S tokens containing 3x leveraged bitcoin futures, liquidation risk is mitigated. During strong market movements, AI-driven decisions rely on Bollinger Bands, while intraday volatility is considered during sideways market conditions. This strategy is accessible only through Bybit API account management and was last updated on May 15, 2024
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