Where is the expected stop profit for short orders❓It's time to test support❗️
BTC fell 2,000 points in the morning and formed a small-level falling relay pattern this morning. If the decline continues, where should the stop profit point be?
The support is tested step by step below. At this time, it is inevitable to cut the boat to find the sword. From the graph, 575, 560, and 545. All three prices have psychological support. Yes, it is psychological support. When it reaches the position of cutting the boat to find the sword, someone will be unable to hold back and make a backhand until the consensus in the market is greater than the disagreement, and there will be a turning point.
Our 602 short order stop profit depends on the market sentiment. Where there is a large volume is critical. The large volume pin is a stop profit pattern. The shrinking volume and the large volume are also stop profit signals. Keep observing🌹