Kava - Nice short opportunity

27 mai 2022

Reasons to take short
⭐️ BTC is bearish
⭐️ Trend bearish
⭐️ Level is 7d old
⭐️ Level is visible on multiple timeframes
⭐️ In the end of formation
⭐️ Slowly squeezing to the level
⭐️ Volume at top
⭐️ 4th touch
⭐️ Under VWAP

Will enter when price squeezes to the level on lower timeframes, 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


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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