The outer blue circle serves as continuous support for this bearish trade. For best use, keep adding small amounts to the net short position on all arc-touches.
We all know that BTC likes to spike, so accumulating a larger short position incrementally may make this a much less scary trade. The only down-shot is if it breaks the bottom at an earlier point, such that you might not get your whole target position in.
Still, I think the first method will work best in this case.
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