🔻 $BTC Bearish Continuation
Price is trading below all major MAs after a sharp sell-off. Momentum remains strongly negative with expanding red MACD histogram.
Trade Setup (Short)
Entry Zone: 71,500 – 72,500
Take Profit Targets:
TP1: 70,500
TP2: 69,000
TP3: 67,000
Stop Loss: 73,500
Sellers are in full control under the declining averages. Further downside is likely if it breaks the recent low with continued volume.
Disclaimer:This is not financial advice. Cryptocurrency trading involves high risk of loss. Always do your own research and trade responsibly at your own risk.
Sell and Trade $BTC
🔻
Price is trading below all major MAs after a sharp sell-off. Momentum remains strongly negative with expanding red MACD histogram.
Trade Setup (Short)
Entry Zone: 71,500 – 72,500
Take Profit Targets:
TP1: 70,500
TP2: 69,000
TP3: 67,000
Stop Loss: 73,500
Sellers are in full control under the declining averages. Further downside is likely if it breaks the recent low with continued volume.
Disclaimer:This is not financial advice. Cryptocurrency trading involves high risk of loss. Always do your own research and trade responsibly at your own risk.
Sell and Trade $BTC
🔻
