Bitcoin


Direction: Short
Entry: Around 69,200-69,500
Take profit: Point 1: Around 68,000 (for stability) Point 2: 67,000
Stop loss: Slightly above the 70,000 level by a little. If it's a 2x long-term position, then no need to stop out. Once it recovers, it will naturally come down again.
Personal opinion: Don't place orders at round numbers, as they are hard to fill. Place orders just below resistance zones for easier execution. Currently, due to many fake breakouts and fake breakdowns, to prevent this, set your stop loss a bit higher, lower the risk-reward ratio, and significantly increase the win rate to execute trades. $BTC
BTC2,34%
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