Technical analysis by i1s_son about Symbol BTC: Sell recommendation (5/29/2023)

BTC short position I am Korean amateur BTC trader, and i am gonna upload my ideas via English because I just need some reputation points to communicate in Tradingview English Chats. (I have been active just in Korean Chats since i started using Tradingview) I'm just an amateur, and I am still learning this market, but hope my insufficient ideas may help others. I observed that the candle broke through the upper resistance line of the ascending channel, but failed to hold it as support. It has now confirmed a break to the downside. And based on the resistance at 28,500 and the upper resistance trendline (red dashed line), there is a possibility of additional strong buying pressure occurring for the next 1-2 days. So, considering these, I am entering a short position using low leverage and scaling in gradually. Therefore, the stop loss for all shorts will be 'when the 28,500 resist and the upper descending trendline break strongly to the upside on a time frame of 4 hours or more'. GOOD LUCK