#BTC Daily Plan (14/11) 📉
BTC hit ~67.5K, lowest since August, after $1.6B liquidations, ETF outflows and rate-hike fears. Structure is bearish on 1D/4H/1H; price sits in the Discount zone near Weak Low 67.5K, so don’t chase shorts at the bottom.
🔴 SHORT (trend-following)
Entry: retest 68,800–69,200 with rejection
SL: 70,300
TP: 67,500 / 66,000 / 64,500
🟢 LONG (quick bounce, small size)
Only if 67.5K is swept and 15m closes above 68,500 with a bullish CHoCH
Entry: 68,500–68,700 | SL: 67,000
TP: 69,500 / 70,500
Invalidation: a 1H close above 70,300 cancels the short bias.
Weekend liquidity is thin: low leverage, risk 1–2% per trade, move SL to breakeven after TP1.
Not financial advice. DYOR.
#BTC $BTC
BTC hit ~67.5K, lowest since August, after $1.6B liquidations, ETF outflows and rate-hike fears. Structure is bearish on 1D/4H/1H; price sits in the Discount zone near Weak Low 67.5K, so don’t chase shorts at the bottom.
🔴 SHORT (trend-following)
Entry: retest 68,800–69,200 with rejection
SL: 70,300
TP: 67,500 / 66,000 / 64,500
🟢 LONG (quick bounce, small size)
Only if 67.5K is swept and 15m closes above 68,500 with a bullish CHoCH
Entry: 68,500–68,700 | SL: 67,000
TP: 69,500 / 70,500
Invalidation: a 1H close above 70,300 cancels the short bias.
Weekend liquidity is thin: low leverage, risk 1–2% per trade, move SL to breakeven after TP1.
Not financial advice. DYOR.
#BTC $BTC
