Reasons to take short:
âïļ BTC bearish
âïļ Level is 20 days long
âïļ Price close to historical lows
âïļ Pullbacks are getting smaller
âïļ Price is squeezing to the level
âïļ 4th touch
âïļ 40 ATR
âïļ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
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