Arkverse365

ATOM USDT SHORT

Short
Arkverse365 Updated   
BYBIT:ATOMUSDT.P   ATOMUSDT Perpetual Contract
ATOM USDT SHORT

Entry now or H1 candle close under 10.68
Reason we have a break of structure and looking for shorts and possibly a bounce long from trendline @ 9.93 - 9.69
There liquidity $$$ as a Confluence below that trendline. If we break that then we might see bigger fall to the downside.
As long as BTC behaves now in this correction.

TP1 10.28
TP2 10.06
TP3 9.68

SL 11.50
Leverage 10x
Trade active
Comment:
TP1 Hit
Comment:
Remember to take profits when trade is in your favor, dont just stare at the profits. even if TP1 and TP2 gets hit but not the rest, dont wait for them , as trade might revert.
SL to entry or breakeven or better yet, last candle high/low
Trade closed manually:
Back to entry even though we took some profits, but BTC might reverse from here. Closing this one breakeven

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.