DOT - Long after bear trap

17 Jun 2022

Reasons to take long:
⭐️ Currently BTC is bullish
⭐️ We trapped a lot of bears on 1h tf
⭐️ Volume increased at bottom
⭐️ Price is squeezing to the level 7.42
⭐️ 4th touch of the level
⭐️ 40 ATR
⭐️ Over VWAP

Will enter when price squeezes to the level 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


What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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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