๐ Bearish Signal: Short Plan for Coin $BTC After the Bounce Wave Ends ๐
๐ Chart Analysis:
Looking at the daily timeframe for the $BTC /USDT pair, Bitcoin has accurately hit the resistance zone identified as the "Max Relief Rally" near the $82,000 level. After a negative bounce from this resistance and the descending trendline, the technical structure indicates a strong drop ahead. Proposed position: Short. ๐ป๐
๐ฏ Trading Plan (Sell - SHORT) ๐ฏ
๐ข Entry Zone: Between 76,500 - 80,000 USDT (current price is negatively bouncing off resistance)
๐ด Stop Loss (SL): 83,500 USDT (closing above the bounce zone invalidates the analysis)
๐ฐ Target Levels (Take Profit):
๐ First Target (TP1): 70,000 USDT ๐
๐ Second Target (TP2): 65,000 USDT ๐ฏ
๐ Third Target (TP3): 60,000 USDT (next major support level) ๐
โ ๏ธ Risk Management: Protect your capital! Stick to a safe leverage and secure your position while locking in profits with each drop.
#Cryptocurrency #Trading #BTC #Binance #Bitcoin #ูุจูุท
๐ Chart Analysis:
Looking at the daily timeframe for the $BTC /USDT pair, Bitcoin has accurately hit the resistance zone identified as the "Max Relief Rally" near the $82,000 level. After a negative bounce from this resistance and the descending trendline, the technical structure indicates a strong drop ahead. Proposed position: Short. ๐ป๐
๐ฏ Trading Plan (Sell - SHORT) ๐ฏ
๐ข Entry Zone: Between 76,500 - 80,000 USDT (current price is negatively bouncing off resistance)
๐ด Stop Loss (SL): 83,500 USDT (closing above the bounce zone invalidates the analysis)
๐ฐ Target Levels (Take Profit):
๐ First Target (TP1): 70,000 USDT ๐
๐ Second Target (TP2): 65,000 USDT ๐ฏ
๐ Third Target (TP3): 60,000 USDT (next major support level) ๐
โ ๏ธ Risk Management: Protect your capital! Stick to a safe leverage and secure your position while locking in profits with each drop.
#Cryptocurrency #Trading #BTC #Binance #Bitcoin #ูุจูุท
