$BTC 4H: range low breakdown could extend the decline
A steady sequence of lower closes has pushed price into the range floor. This paper setup needs a confirmed breakdown and weak reclaim; a strong recovery above the breakdown zone invalidates it.
Paper trade, 4H short:
→ entry $70,750.00
→ target $69,000.00 (R:R 1.8)
→ invalidation $71,750.00
#TechnicalAnalysis #PaperTrading
Opinion, not financial advice. DYOR.
A steady sequence of lower closes has pushed price into the range floor. This paper setup needs a confirmed breakdown and weak reclaim; a strong recovery above the breakdown zone invalidates it.
Paper trade, 4H short:
→ entry $70,750.00
→ target $69,000.00 (R:R 1.8)
→ invalidation $71,750.00
#TechnicalAnalysis #PaperTrading
Opinion, not financial advice. DYOR.
