Currently, the price $BTC tends to be normal. According to the price data analysis, the price will rise briefly and then, once it reaches the area #supply as shown in the image below, the price will return to the SUPPORT area or lower. When the price reaches the area #supply on the 1-hour timeframe, ensure to identify on the 5-minute timeframe forming a new area #supply as shown in the image. When this happens, open a sell position and place the stop loss (SL) at the upper supply price on the 5-minute chart and take profit (TP) 1, with a ratio of 1:1 between SL and open, and TP2 at 1:4. When TP1 is achieved, ensure to change the SL to the open price to mitigate losses due to price reversal before TP2 is fulfilled.
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