$BTC #BTC
Direction: SHORT
Entry zone: $77,300 to $77,500
Stop loss: $78,100
Target 1: $76,300
Target 2: $75,800
Bitcoin is near $77,469, inside my short entry zone, with resistance at $77,700 to $78,600 just above and support at $76,300 below. The short case is that Friday ETF outflows of $643 million, fear at 30, and repeated selling near $78,600 all point to sellers still in control, while the bounce from $76,300 looks corrective, not impulsive. If price holds below $78,100, I expect a retest of $76,300, and a loss of that level opens $75,800. If price breaks and holds above $78,100, this setup is wrong and I would exit, not average down. This is my reading, not a guaranteed signal.
Futures trading is risky, trade small, manage risk, do your own research.
Do you see Bitcoin losing $76,300 first, or breaking $78,100 and invalidating this short?
Follow for more trades.
#Bitcoin #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: $77,300 to $77,500
Stop loss: $78,100
Target 1: $76,300
Target 2: $75,800
Bitcoin is near $77,469, inside my short entry zone, with resistance at $77,700 to $78,600 just above and support at $76,300 below. The short case is that Friday ETF outflows of $643 million, fear at 30, and repeated selling near $78,600 all point to sellers still in control, while the bounce from $76,300 looks corrective, not impulsive. If price holds below $78,100, I expect a retest of $76,300, and a loss of that level opens $75,800. If price breaks and holds above $78,100, this setup is wrong and I would exit, not average down. This is my reading, not a guaranteed signal.
Futures trading is risky, trade small, manage risk, do your own research.
Do you see Bitcoin losing $76,300 first, or breaking $78,100 and invalidating this short?
Follow for more trades.
#Bitcoin #Crypto #FuturesTrading #TradingSignals
