Reasons to take long: โญ๏ธ Volume appeared โญ๏ธ Level is 1 month old โญ๏ธ Level is clean โญ๏ธ Volume entered the coin โญ๏ธ Looks stronger than a market โญ๏ธ A lot of liquidity hidden above the top โญ๏ธ Over VWAP
Scenario will be invalidated if coin squeezes to trendline. Then it would be wise take short
Will enter when price squeezes to the trendline 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
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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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