$BTC /USDT Short Setup
$BTC is showing a possible Head and Shoulders structure on the daily chart. If the right shoulder gets rejected around the 85K to 87K zone, I will be watching for a bearish confirmation before considering a short.
Entry: 84.5K to 86.5K
Stop Loss: Above 89K
TP1: 80K
TP2: 75K
TP3: 70K
Major support: 68K to 70K
The key is confirmation. If BTC breaks above 89K with strength, this setup could be invalid.
I am not shorting just because I see a pattern. I am waiting for price action to confirm it.
What do you think? Will $BTC reject the right shoulder or break back above 90K?
#BTC走势分析 #BinanceSquareFamily #BTC☀
$BTC is showing a possible Head and Shoulders structure on the daily chart. If the right shoulder gets rejected around the 85K to 87K zone, I will be watching for a bearish confirmation before considering a short.
Entry: 84.5K to 86.5K
Stop Loss: Above 89K
TP1: 80K
TP2: 75K
TP3: 70K
Major support: 68K to 70K
The key is confirmation. If BTC breaks above 89K with strength, this setup could be invalid.
I am not shorting just because I see a pattern. I am waiting for price action to confirm it.
What do you think? Will $BTC reject the right shoulder or break back above 90K?
#BTC走势分析 #BinanceSquareFamily #BTC☀
