The WIF strategy I shared earlier already took profit in the previous round. Before a breakout, look for divergence first. On this move, $BTC , I’m siding with the bears. Take a look at the four-hour chart: price has fallen below both moving averages, which are still pressing down overhead. The trend direction is actually quite clear. I know some people think it’s dropped a lot and is due for a bounce, but without volume to back it up, wouldn’t that just hand the bears a better entry?
When we trade, we look at structure, not feelings. Once the moving averages turn into resistance, the area above becomes a resistance zone, and the odds clearly favor further downside. In this kind of market, I’d rather wait and follow the trend than try to guess the bottom.
🔴 Trade direction: Short
📍 Entry range: 75803.00 – 75839.08
🛑 Stop loss: 76407.81
🎯 Take profit 1: 75380.97
🎯 Take profit 2: 75087.58
🎯 Take profit 3: 74647.50
There’s no need to chase the wind; it will come to rest in its own time.
Stand alongside Sister Li, and let every moment resonate.
#BTC
Click below to trade 👇
When we trade, we look at structure, not feelings. Once the moving averages turn into resistance, the area above becomes a resistance zone, and the odds clearly favor further downside. In this kind of market, I’d rather wait and follow the trend than try to guess the bottom.
🔴 Trade direction: Short
📍 Entry range: 75803.00 – 75839.08
🛑 Stop loss: 76407.81
🎯 Take profit 1: 75380.97
🎯 Take profit 2: 75087.58
🎯 Take profit 3: 74647.50
There’s no need to chase the wind; it will come to rest in its own time.
Stand alongside Sister Li, and let every moment resonate.
#BTC
Click below to trade 👇