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Artem_Dishel
Jun 24, 2022 7:35 AM

People. You need to see this trendline!πŸ‘€πŸ‘€πŸ‘€Β Long

PEOPLE / TetherUSBinance

Description

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Reasons to take long IF BTC will squeeze back to daily VWAP:
⭐️ Trendline 2 months old
⭐️ Formation is clean
⭐️ We are in the end of formation
⭐️ 6th touch
⭐️ Price is squeezing to the trendline
⭐️ 30 ATR
⭐️ Over VWAP

If BTC will squeeze down to weekly VWAP, I'll take trendline breakdown.

Will enter when price squeezes to the level 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 commentsπŸ“„πŸ–Œ
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

Trade closed: target reached

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Full profit 1:10
Comments
joaele
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Excellent lesson
joaele
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Trying to learn :)
Solldy
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What a great idea! The design is also on top, all the necessary information is very well displayed. Thanks for the technical analysis of the asset)
RLinda
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Nice job. I agree)
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