COMP - Clean trendline to short

Reasons to take long:
⭐️ BTC is bearish
⭐️ Updated previous high and trapped a lot of bulls
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ 4th touch of the level
⭐️ 40 ATR
⭐️ Under VWAP

Will enter when price squeezes to the level 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


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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

Kommentar:

Made a typo. It's a short, trendline breakdown