Technical analysis by FelixVexelman about Symbol BTC: Sell recommendation (3/22/2024)

BTCUSDT Short trading idea BTCUSDT.P Short trading idea = Head and shoulders + Rising wedge + Fibonacci retracement 0.618 + Fibonacci retracement 0.786 + Retest level 30000 = Enter 61175 = Exit 53921 + 47241 + 31047 I am interested in your opinion on this algorithm of actions deposit 20% of the asset order 20% of deposit shoulder ×20 cross margin take profit 25+-% of the order stop loss 5+-% of the order day loss 1% of deposit RR 1 to 5 Short position Enter against a negative news background + When trendsetters are in a negative mood + No upcoming reports, speeches + Bearish chart and candlestick patterns + A pool of indicators signals a downtrend #DYOR