LRC - Waiting for trendline to breakdown

BINANCE:LRCUSDT   Loopring / TetherUS
Reasons to take short
⭐️ We are in a bear trend
⭐️ Trendline is clean
⭐️ Trendline is 10 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ 4th touch
⭐️ 45 ATR

Will enter when price squeezes to the level on 5m timeframe, 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

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

👑if you want to join a private community to follow my trades, explore trading plans and chat with real traders 👉
👑 Приєднуйтесь до крипто спільноти 🇺🇦☝️

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.