BTC/USDT Short SignalđŽ
âEntry Range: 60,273.10 â 60,301.99 (Current Market Price area)
âStop Loss (SL): 61,182.22 (Just above the yellow key resistance level at 61,109.16)
âTake Profit (TP): 57,318.68 (Targeting the recent swing low support)
đâWhy This Setup?
âTrendline Resistance:
Price is respecting a clean, descending diagonal trendline, indicating strong bearish momentum.
âSupport Turned Resistance:
The yellow horizontal line at 61,109.16 acted as previous support; BTC has now broken below it, and it is acting as a major resistance ceiling.
âBearish Market Structure:
The chart shows a clear pattern of lower highs and lower lows on the 1-hour timeframe, favoring a continuation downward.
â Click here to Trade đïž
$BTC
#thegreenman #BTCShorting #TrendinTopic:
âEntry Range: 60,273.10 â 60,301.99 (Current Market Price area)
âStop Loss (SL): 61,182.22 (Just above the yellow key resistance level at 61,109.16)
âTake Profit (TP): 57,318.68 (Targeting the recent swing low support)
đâWhy This Setup?
âTrendline Resistance:
Price is respecting a clean, descending diagonal trendline, indicating strong bearish momentum.
âSupport Turned Resistance:
The yellow horizontal line at 61,109.16 acted as previous support; BTC has now broken below it, and it is acting as a major resistance ceiling.
âBearish Market Structure:
The chart shows a clear pattern of lower highs and lower lows on the 1-hour timeframe, favoring a continuation downward.
â Click here to Trade đïž
$BTC
#thegreenman #BTCShorting #TrendinTopic:
