Don't miss the opportunity. Strong selling zones are forming at $BTC
It seems that sellers are accumulating short trades at the current levels. The technical setup gives confirmation that the trend is bearish.
- Short trade setup (BTC/USDT):
Entry: 79466.00 – 79500.00
Stop loss: 80500.00
Target 1: 78764.00
Target 2: 78060.00
Target 3: 76250.00
🔎 The technical reasons behind this setup:
Current price: BTC is currently trading on the hourly timeframe within the specified entry zone.
ATR indicator: It records 311.564698 on the hourly timeframe, which indicates strong price compression that usually precedes a sharp and violent move.
RSI indicator: Confirms that bearish momentum is still continuing, and the sideways price action on the daily timeframe supports bearish directional trades.
Trade now $BTC
@Ali BNB
#Bitcoin #BTC #Crypto #BinanceSquare #TechnicalAnalysis
It seems that sellers are accumulating short trades at the current levels. The technical setup gives confirmation that the trend is bearish.
- Short trade setup (BTC/USDT):
Entry: 79466.00 – 79500.00
Stop loss: 80500.00
Target 1: 78764.00
Target 2: 78060.00
Target 3: 76250.00
🔎 The technical reasons behind this setup:
Current price: BTC is currently trading on the hourly timeframe within the specified entry zone.
ATR indicator: It records 311.564698 on the hourly timeframe, which indicates strong price compression that usually precedes a sharp and violent move.
RSI indicator: Confirms that bearish momentum is still continuing, and the sideways price action on the daily timeframe supports bearish directional trades.
Trade now $BTC
@Ali BNB
#Bitcoin #BTC #Crypto #BinanceSquare #TechnicalAnalysis
