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WAHEED2690
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Bearish
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#BTC
when the btc on 60 am bullish but now this is the time to out
#waheed2690
think about it take profit
#BTCUptober
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WAHEED2690
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$BTC Market Overview: Bitcoin (BTC/USD) has broken below a key consolidation zone after trading in a range between $90,000 - $108,000 for several weeks. The price is now attempting a retest of the previous support, which has turned into a resistance (supply zone) before a potential continuation to the downside. Chart Pattern & Technical Setup: 📉 Break & Retest Structure: The price has broken below the previous range and is now testing the $87,000 - $91,000 resistance zone. 📉 Lower High Formation: BTC is expected to create a lower high before continuing its downward trend. 📉 Bearish Wave Projection: The chart suggests a zigzag movement, forming successive lower highs and lower lows, targeting $59,399 as the next support level. Trade Setup: Bias: Bearish Entry: Sell limit at $87,000 - $91,000 (Supply Zone) Stop Loss: Above $95,000 (Invalidation Level) Take Profit: $59,399 (Next Key Support) Confluences Supporting Bearish Bias: ✅ Supply Zone Rejection: The resistance area is likely to attract sellers. ✅ Market Structure Shift: A break below the previous range indicates a trend reversal. ✅ Lower High Confirmation: A rejection at resistance will confirm the bearish outlook. Risk Management: Risk-Reward Ratio (RRR): 1:3+ Position Sizing: Adjust based on risk tolerance. Alternative Scenario: A break and close above $95,000 would invalidate the bearish setup, signaling a potential bullish continuation. 📌 Disclaimer: This analysis is for educational purposes only. Always manage risk properly before entering a trade. #Write2Earn #waheed2690
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#btc support area is 59000 #eth support area is 1400 you invest thy grab your money 🤑 don't work in future treading you will loss all your money 🤑 #waheed2690 follow like contact if you want to learn spot treading
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first learn then earn ye eth 1400 pay aye ga
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don't share your profit post thy can track us
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#TAO short signal tp 310 to 280 #USCryptoReserve #waheed2690
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