$BTC 4H: range support gave way, watching the breakdown retest
Price compressed before closing below the local range floor. Sustained acceptance below broken support confirms the paper setup, while a recovery above the consolidation invalidates it.
Paper trade, 4H short:
→ entry $75,502.90
→ target $74,250.00 (R:R 1.7)
→ invalidation $76,250.00
Will broken support hold as resistance?
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).
Price compressed before closing below the local range floor. Sustained acceptance below broken support confirms the paper setup, while a recovery above the consolidation invalidates it.
Paper trade, 4H short:
→ entry $75,502.90
→ target $74,250.00 (R:R 1.7)
→ invalidation $76,250.00
Will broken support hold as resistance?
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).
