$BTC SHORT SETUP ... NEXT TARGET 65,047.84
Oversold Relative Strength Index Emerges Following Downward Price Pressure
Entry: 68,945.51 - 69,404.06 (Short)
TP1: 67,799.14
TP2: 66,423.49
Final TP: 65,047.84
SL: 70,550.43
Recent downward movement over the past twenty-four hours has driven the relative strength index into oversold territory on the four-hour chart. Market participants often observe whether such compressed readings precede temporary stabilization or continued decline.
As long as price stays below 69,404.06, structure stays heavy
Must use stop loss while trading
Trade $BTC
Not financial advice. Always DYOR.
🙏 Tips are always welcome and truly appreciated. Thank you for supporting Open to Discussion.
Like & Follow for Daily Trade Analytics & Insider News. @SarwatAK
#Bitcoin #Oversold #TrendingTopic
Oversold Relative Strength Index Emerges Following Downward Price Pressure
Entry: 68,945.51 - 69,404.06 (Short)
TP1: 67,799.14
TP2: 66,423.49
Final TP: 65,047.84
SL: 70,550.43
Recent downward movement over the past twenty-four hours has driven the relative strength index into oversold territory on the four-hour chart. Market participants often observe whether such compressed readings precede temporary stabilization or continued decline.
As long as price stays below 69,404.06, structure stays heavy
Must use stop loss while trading
Trade $BTC
Not financial advice. Always DYOR.
🙏 Tips are always welcome and truly appreciated. Thank you for supporting Open to Discussion.
Like & Follow for Daily Trade Analytics & Insider News. @SarwatAK
#Bitcoin #Oversold #TrendingTopic
