What is Buy the dip?
The opposite of trailing take profit, this function monitors the ATH from the point of order and automatically places a limit order depending on the rate of price decline from the ATH. This function is used to buy promising tokens as cheaply as possible at the bottom.
As an example, set the parameters of Fungle as follows. Dump 70% Recovery 20%
- 1.Fungle starts monitoring in real-time the part of the ATH.
- 2.When it detects that the price has fallen 70% from the ATH, the Buy the dip option starts to work and waits for the ATL to end. The ATL is updated as needed.
- 3.When the price rises by 20% from the ATL, a buy order is placed.↓Fungle,Multi Trading Platform for Crypt↓
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