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I saw Shuqin took action on BTC, opening a short position.
This trade is different from her usual style, with a very tight stop-loss.
There is an article inside, with specific levels organized for you to review.
Direction: Short
Currency: BTC
Entry: 6.44-6.49
Original message: Bitcoin
Direction: Short
Entry: Near 64,400-64.9k
Confidence level: Medium
Leverage: 10x
Position size: 10%
Take profit: Point 1: Near 63,300 (for safety) Point 2: Near 62,500 Point 3: 61,000
Stop loss: Slightly above 6,570
Reason: 65k is a resistance in the previous consolidation zone; shorting below this level has a good chance of success.
Note: Do not place orders at integer levels, as they are hard to execute. Place orders just below the resistance zone for easier execution. Currently, due to many fake breakouts and false dips, to prevent this, we set the stop loss a bit higher and lower the risk-reward ratio.