As said in the previous post (below), cut 50% and wait for the price to break up to 79500 - 8000 to consolidate again.
SL: 80500.
This is my personal research and trading, not financial advice.
KenAG95
·
--
In the recent downward momentum of $BTC , the price has not returned to the expected level.
Currently, 79200 will be the area that determines the next direction.
If the price becomes strongly bearish, reinforcing the Short at 79500 - 80000 is feasible.
If the price fails to break above 79200 and drops further to 77600, the next expectation will be 75600 - 76300.
For safety, adjust 50% of the position with TP/SL: 78150/79210. A rise to 79500 - 80000 will reinforce the remaining 50%. If the price falls below 77600, wait for 75600 - 76300 to close everything.
This is personal research and trading, not financial advice. DYOR.
In the recent downward momentum of $BTC , the price has not returned to the expected level.
Currently, 79200 will be the area that determines the next direction.
If the price becomes strongly bearish, reinforcing the Short at 79500 - 80000 is feasible.
If the price fails to break above 79200 and drops further to 77600, the next expectation will be 75600 - 76300.
For safety, adjust 50% of the position with TP/SL: 78150/79210. A rise to 79500 - 80000 will reinforce the remaining 50%. If the price falls below 77600, wait for 75600 - 76300 to close everything.
This is personal research and trading, not financial advice. DYOR.
KenAG95
·
--
Currently in small profit with the Short $BTC setup previously.
Adjust TP/SL.
SL: 79300. TP1: 76300. TP2: 75600.
This is personal research and trading, not financial advice. DYOR.
Set TP/SL in a shorter time frame: SL: Decrease gradually from 78670 to 78000 (more than 1% above the red line). TP1: When the price touches the blue line (76200 - 76700). When the blue line is above 76700, move TP1 down to TP2. TP2: When the price touches the yellow line (75200 - 74600).
This is personal research and trading, not financial advice. DYOR.