$BTC SHORT SETUP ... NEXT TARGET 77,791.94
Downward Moving Average Alignment Paired with Neutral Relative Strength Index
Entry: 80,514.49 - 80,834.79 (Short)
TP1: 79,713.74
TP2: 78,752.84
Final TP: 77,791.94
SL: 81,635.54
Price declined over the past twenty-four hours, holding below the stacked twenty and fifty exponential moving averages. Meanwhile, a neutral four-hour relative strength index indicates momentum has yet to become oversold.
As long as price stays below 80,834.79, structure stays heavy
Must use stop loss while trading
Trade $BTC
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @SarwatAK
#Bitcoin #TrendingTopic #TechnicalAnalysis
Downward Moving Average Alignment Paired with Neutral Relative Strength Index
Entry: 80,514.49 - 80,834.79 (Short)
TP1: 79,713.74
TP2: 78,752.84
Final TP: 77,791.94
SL: 81,635.54
Price declined over the past twenty-four hours, holding below the stacked twenty and fifty exponential moving averages. Meanwhile, a neutral four-hour relative strength index indicates momentum has yet to become oversold.
As long as price stays below 80,834.79, structure stays heavy
Must use stop loss while trading
Trade $BTC
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @SarwatAK
#Bitcoin #TrendingTopic #TechnicalAnalysis