BTC H1 – SHORT ↓
Current price: 76.048 USD (-1.18% in 24h), most recent H1 candle closed at 76.170 USD (-0.70% compared with the close of 24 candles ago at 76.705 USD).
24h high: 78.063 USD, low: 75.736 USD.
BTC just broke down from the 78K area to around 75.7K as the Democratic Party took control of the U.S. House of Representatives; downward momentum is prevailing.
SHORT setup:
- Entry: 76.000 - 76.200
- SL: 76.800
- TP1: 75.736
- TP2: 75.000
- TP3: 74.000
Bullish scenario: if the price rebounds above 76.800 and holds, the SHORT setup is no longer valid; BTC could retest 77.300.
Bearish scenario: if it stays below Entry, targets are TP1, TP2, then TP3, with the 73K - 74K demand zone in sight.
$BTC
Current price: 76.048 USD (-1.18% in 24h), most recent H1 candle closed at 76.170 USD (-0.70% compared with the close of 24 candles ago at 76.705 USD).
24h high: 78.063 USD, low: 75.736 USD.
BTC just broke down from the 78K area to around 75.7K as the Democratic Party took control of the U.S. House of Representatives; downward momentum is prevailing.
SHORT setup:
- Entry: 76.000 - 76.200
- SL: 76.800
- TP1: 75.736
- TP2: 75.000
- TP3: 74.000
Bullish scenario: if the price rebounds above 76.800 and holds, the SHORT setup is no longer valid; BTC could retest 77.300.
Bearish scenario: if it stays below Entry, targets are TP1, TP2, then TP3, with the 73K - 74K demand zone in sight.
$BTC
