Bitcoin (BTC) Short Setup

2023年11月14日

BTCUSDT.P Short 1H 4H

Trend breakdown
+
Breakdown of support level 36577
+
Retest of resistance level 36577
=
TP 1/3 35353 = RR 1 to 3
TP 1/3 34743 = RR 1 to 5

SL for High 36893 + when the first TP is reached = Stop Plus

I am interested in your opinion on this algorithm of actions

deposit 20% of asset
order 20% of deposit
leverage ×20
cross margin
take profit 25+-% of order
stop loss 5+-% of order
day loss 1% of deposit
RR 1 to 5

Entry on negative news background
+
At negative mood of trendsetters
+
No nearby reports, speeches
+
Bearish chart and candlestick patterns
+
A pool of indicators signalling a downtrend

#DYOR