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Artem_Dishel
Jul 11, 2022 5:55 AM

KAVA - Only one way this can go Short

Kava / TetherUSBinance

Description

Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline is 19 days long
⭐️ Trendline is clean
⭐️ Pulbacks are getting weaker
⭐️ Slowly squeezing
⭐️ There has been false breakup
⭐️ 5th touch
⭐️ 40 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
Comments
SwallowPremium
Good points shown in the description, we like it
Solldy
Hmm, pretty interesting publication. I agree with the arguments. I wonder what your long-term asset strategy is?
JoeChampion
Great insight!
HAMED_AZ
thank you for sharing
DeGRAM
Thank you for sharing your analysis.
UnknownUnicorn15614419
Thank you for sharing your view on the analysis of this asset.
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