Coin #BTC
Short at market.
Take profit around: 77900
Stop loss: above 85000. However, I am using an entry of 1% of the deposit and cross margin. I will adjust based on market conditions.
A sharp upward move collected liquidity and closed the gap above local highs, after which the price did not continue to rise but began to slow down, entering the FVG zone from above, indicating a loss of momentum.
Fibonacci zones point downwards
Levels 0.5 / 0.618 (79645–78722) and especially 0.705 / 0.786 (78042–77409) — likely targets for the drop. They coincide with the lower FVG, meaning this is a potential take profit zone.
Below the current price — there are volume clusters (at 78K, 75K, 73K).
Above, the volume is thin, i.e., the probability of further growth is low.
Short at market.
Take profit around: 77900
Stop loss: above 85000. However, I am using an entry of 1% of the deposit and cross margin. I will adjust based on market conditions.
A sharp upward move collected liquidity and closed the gap above local highs, after which the price did not continue to rise but began to slow down, entering the FVG zone from above, indicating a loss of momentum.
Fibonacci zones point downwards
Levels 0.5 / 0.618 (79645–78722) and especially 0.705 / 0.786 (78042–77409) — likely targets for the drop. They coincide with the lower FVG, meaning this is a potential take profit zone.
Below the current price — there are volume clusters (at 78K, 75K, 73K).
Above, the volume is thin, i.e., the probability of further growth is low.
