GMT - Biggest ponzi in crypto is slowly dying

Reasons to take short:
⭐️ Trendline is 24 days old
⭐️ Trendline is clean
⭐️ Pullbacks are getting smaller
⭐️ Slowly squeezing to the trendline
⭐️ 7th touch
⭐️ 50 ATR
⭐️ 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 comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊

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:

3% breakdown, then up