Reasons to take short
โญ๏ธ BTC looks bearish
โญ๏ธ There were 2 traps for bears
โญ๏ธ Volume at top
โญ๏ธ 5th touch
โญ๏ธ You can see trendline on daily tf
โญ๏ธ Trendline is 5d old
โญ๏ธ Squeezing the trendline
โญ๏ธ 117 ATR
โญ๏ธ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments๐๐
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones