Reasons to take short:
โญ๏ธ BTC bearish
โญ๏ธ Trendline is 22 days long
โญ๏ธ Trendline is clean
โญ๏ธ Slowly squeezing to the trendline
โญ๏ธ 4th touch
โญ๏ธ 50 ATR
โญ๏ธ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape 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