$BTC The short is still running. I’m not interested in longing or closing the position anytime soon. These are swing shorts and will take time to develop, so patience and proper risk management are key.

If this trade gets stopped at BE, I’ll simply look for a re-entry from higher levels, because the higher we go, the more favorable the shorts become.

I’m not afraid of SLs because my risk is always managed and I have contingency plans in place which allow me not only to find the ideal swing entry but also to capitalize on major HTF moves that most people miss.

The first area where I’ll take heavier profits is around 70.4k. However, the 72.4k-72.9k region is also a decent support zone and I may take partial profits there if price shows strength inside that area.

BTC
BTCUSDT
75,577.1
-2.24%