Artem_Dishel

LRC - Waiting for trendline to breakdown

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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


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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

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