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javedJk-poonchi
51 Posts

javedJk-poonchi

Open Trade
Frequent Trader
4.8 Years
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24 Followers
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ยท
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Bearish
#BTC Why BTC Could Drop from 94,500?** 1. **Resistance Zone**: - **94,500โ€“95,000** is a strong resistance level (previous highs or trendline rejection). - If BTC fails to break above, a pullback is likely. 2. **Bearish Indicators**: - **RSI (Relative Strength Index)**: If above **70** (overbought), a correction is probable. - **MACD**: Bearish crossover on the 4H/1D chart signals weakening momentum. 3. **Market Sentiment Shift**: - Fear of further downside due to: - ETF outflows (if institutional selling increases). - Negative news (regulations, macroeconomic risks). 4. **Liquidity Grab**: - Price may drop to collect liquidity below (**92,000โ€“90,000**) before reversing. --- ### **Trade Setup (Short Strategy)** - **Entry**: Near **94,500** (after rejection or bearish candle confirmation). - **Stop Loss (SL)**: **95,500โ€“96,000** (above resistance). - **Take Profit (TP) Targets**: - **TP1**: **92,000** (minor support). - **TP2**: **90,000** (psychological level). - **TP3**: **87,500โ€“86,000** (strong demand zone). --- ### **Key Risk Factors** - **Unexpected Breakout**: If BTC clears **96,000**, shorts could get trapped (watch for high-volume pumps). - **News-Driven Rally**: Positive developments (e.g., Fed rate cuts, ETF inflows) may reverse the trend. --- ### **Final Advice** - Wait for **confirmation** (e.g., 4H bearish engulfing candle) before shorting. - Use tight risk management (**1โ€“2% per trade**). #BTC #sol #ETH
#BTC Why BTC Could Drop from 94,500?**
1. **Resistance Zone**:
- **94,500โ€“95,000** is a strong resistance level (previous highs or trendline rejection).
- If BTC fails to break above, a pullback is likely.

2. **Bearish Indicators**:
- **RSI (Relative Strength Index)**: If above **70** (overbought), a correction is probable.
- **MACD**: Bearish crossover on the 4H/1D chart signals weakening momentum.

3. **Market Sentiment Shift**:
- Fear of further downside due to:
- ETF outflows (if institutional selling increases).
- Negative news (regulations, macroeconomic risks).

4. **Liquidity Grab**:
- Price may drop to collect liquidity below (**92,000โ€“90,000**) before reversing.

---

### **Trade Setup (Short Strategy)**
- **Entry**: Near **94,500** (after rejection or bearish candle confirmation).
- **Stop Loss (SL)**: **95,500โ€“96,000** (above resistance).
- **Take Profit (TP) Targets**:
- **TP1**: **92,000** (minor support).
- **TP2**: **90,000** (psychological level).
- **TP3**: **87,500โ€“86,000** (strong demand zone).

---

### **Key Risk Factors**
- **Unexpected Breakout**: If BTC clears **96,000**, shorts could get trapped (watch for high-volume pumps).
- **News-Driven Rally**: Positive developments (e.g., Fed rate cuts, ETF inflows) may reverse the trend.

---

### **Final Advice**
- Wait for **confirmation** (e.g., 4H bearish engulfing candle) before shorting.
- Use tight risk management (**1โ€“2% per trade**).
#BTC
#sol
#ETH
ยท
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Bearish
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3x good ๐Ÿ’ฏ
3x good ๐Ÿ’ฏ
Malik Nadeem006
ยท
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Bearish
#BinanceAlphaAlert $BTC

I think short for 92k
ok
ok
VORIS
ยท
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It go up bro, if the support at 106,000 will hold the price, if it's not we will go to another layer of support at 105,500
hold
hold
Rakko-84939
ยท
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hold or
btc is back don't worry
btc is back don't worry
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โœ…
โœ…
Umar_Iqbal_UI
ยท
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soon will touch 115000
ok bro
ok bro
MIAN USMAN 123
ยท
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Patience
thanks ๐Ÿ‘
thanks ๐Ÿ‘
Square-Creator-f36e486a14c5542adf3d
ยท
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For me, it's preferable that I liquidate you, since if your plan is that it will drop, it can do so. Maybe the place of your entry wasn't ideal, but I think the same as you; I think it will ๐Ÿ“‰
wow
wow
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