Opportunities to make money are often hidden in confirmed market structure. $BTC The four-hour moving averages are aligned bearishly, confirming a swing-level downtrend. Price is trading below both moving averages, and selling momentum remains intact. On the one-hour chart, rebound volume is contracting step by step. This low-volume recovery looks more like a continuation pattern than a reversal, with the cluster of moving averages overhead acting as resistance.
I’m focused on continuation after the rebound fades, not on trying to call the bottom. Once key support gives way, the downside opens up. The rationale for this short trade is based on trend inertia and a divergence between price and volume.
🔴 Trade direction: Short
📍 Entry range: 75628.64 – 75747.85
🛑 Stop loss: 77057.16
🎯 Take profit 1: 74661.56
🎯 Take profit 2: 73977.10
🎯 Take profit 3: 72950.41
Take in the vastness of mountains and seas; observe the market’s subtleties.
Join Uncle Xiong and witness the ups and downs of the world.
#BTC
Click below to trade 👇
I’m focused on continuation after the rebound fades, not on trying to call the bottom. Once key support gives way, the downside opens up. The rationale for this short trade is based on trend inertia and a divergence between price and volume.
🔴 Trade direction: Short
📍 Entry range: 75628.64 – 75747.85
🛑 Stop loss: 77057.16
🎯 Take profit 1: 74661.56
🎯 Take profit 2: 73977.10
🎯 Take profit 3: 72950.41
Take in the vastness of mountains and seas; observe the market’s subtleties.
Join Uncle Xiong and witness the ups and downs of the world.
#BTC
Click below to trade 👇