BTC (Bitcoin) / USDT (USD Tether) Perpetual Swap Contract Short

28 thg 11, 2023

BTC (Bitcoin) / USDT (USD Tether) Perpetual Swap Contract Short Setup BTCUSDT.P

Rising wedge
+
Double Top
+
Double Rectangle
+
Enter 35453 + Stop 36036
=
2 on 4 Short
Retest Level 30000
Exit 1/2 33033 = RR 1 on 5 = Stop Plus
Exit 1/2 30703 = RR 1 on 10

I am interested in your opinion on this algorithm of actions

deposit 20% of asset
order 20% of deposit
leverage ×20
cross margin
take profit 25+-% of order
stop loss 5+-% of order
day loss 1% of deposit
RR 1 to 5

Entry on negative news background
+
At negative mood of trendsetters
+
No nearby reports, speeches
+
Bearish chart and candlestick patterns
+
A pool of indicators signalling a downtrend

#DYOR