🚨 $BTC: REAL-WORLD TRADING SCENARIO - ENTRY AND STOP-LOSS ⚡
$BTC has just suffered a -9.08% crash over the past 24 hours and is currently trading around $69,082.28. The H4 trend is firmly bearish, with candles closing below EMA10 & EMA30. Despite strong selling pressure, the price is approaching solid technical support at $67,568.00. This is a critical level that will determine the market's direction.
A practical trading plan: Prioritize a quick Long if $BTC holds support at $67,568.00 and shows a rejection wick, or wait for a breakout above resistance at $75,442.01 for a safer move upward. A Short setup will be triggered as soon as an H4 candle decisively breaks below support at $67,568.00. Always use a tight stop-loss!
Which level do you think $BTC will test again this week? Comment with your prediction!
#BinanceSquare #BTC #Crypto
(Just my personal opinion, not investment advice - DYOR)
$BTC has just suffered a -9.08% crash over the past 24 hours and is currently trading around $69,082.28. The H4 trend is firmly bearish, with candles closing below EMA10 & EMA30. Despite strong selling pressure, the price is approaching solid technical support at $67,568.00. This is a critical level that will determine the market's direction.
A practical trading plan: Prioritize a quick Long if $BTC holds support at $67,568.00 and shows a rejection wick, or wait for a breakout above resistance at $75,442.01 for a safer move upward. A Short setup will be triggered as soon as an H4 candle decisively breaks below support at $67,568.00. Always use a tight stop-loss!
Which level do you think $BTC will test again this week? Comment with your prediction!
#BinanceSquare #BTC #Crypto
(Just my personal opinion, not investment advice - DYOR)
