$BTC SHORT SETUP
Market Bias: Bearish
BTC is trading below the 50, 100 and 200-day EMAs. Hot US inflation, Fed rate-hike bets and continued ETF outflows are keeping pressure on price.
Trade Plan (Short on Pullback)
Entry: $71,800 - $72,400
Stop Loss: $73,500
TP1: $70,000
TP2: $68,500
TP3: $67,000
Risk/Reward: 1:1.5 to 1:3
Invalidation: Daily close above $73,500
Alternative Entry: Short on a confirmed daily close below $70,000
Risk Management
- Risk only 1-2% per trade
- Use low leverage
- Move SL to breakeven after TP1
Disclaimer: This is technical analysis for educational purposes only, not financial advice. Trade at your own risk.
#HuangExitNvidiaStrategyInFocus
Market Bias: Bearish
BTC is trading below the 50, 100 and 200-day EMAs. Hot US inflation, Fed rate-hike bets and continued ETF outflows are keeping pressure on price.
Trade Plan (Short on Pullback)
Entry: $71,800 - $72,400
Stop Loss: $73,500
TP1: $70,000
TP2: $68,500
TP3: $67,000
Risk/Reward: 1:1.5 to 1:3
Invalidation: Daily close above $73,500
Alternative Entry: Short on a confirmed daily close below $70,000
Risk Management
- Risk only 1-2% per trade
- Use low leverage
- Move SL to breakeven after TP1
Disclaimer: This is technical analysis for educational purposes only, not financial advice. Trade at your own risk.
#HuangExitNvidiaStrategyInFocus
