BTC H1 – SHORT: Cooling off to $76,778 after losing momentum near $78,878
SHORT
Entry: $76,778
SL: $77,500
TP1: $76,664
TP2: $76,326
TP3: $76,000
Current price (Binance realtime): $76,778, -2.09% vs the close 24 candles ago ($78,416).
Past 24h (Binance): high $78,878, low $76,664.
Bullish scenario: If it holds $76,664 – $76,778 and breaks $77,314, price could head to $78,416 then $78,878.
Bearish scenario: If it loses $76,664, price could fall to $76,326, then deeper to $76,000.
Personal view: BTC topped at $78,878 and has been making lower highs since, with sellers still in control. It needs to reclaim $77,314 to weaken the downtrend, otherwise SHORT remains the preferred bias below $76,664.
Manage your risk carefully. Not financial advice.
👇 TRADE BTC HERE 👇
$BTC
SHORT
Entry: $76,778
SL: $77,500
TP1: $76,664
TP2: $76,326
TP3: $76,000
Current price (Binance realtime): $76,778, -2.09% vs the close 24 candles ago ($78,416).
Past 24h (Binance): high $78,878, low $76,664.
Bullish scenario: If it holds $76,664 – $76,778 and breaks $77,314, price could head to $78,416 then $78,878.
Bearish scenario: If it loses $76,664, price could fall to $76,326, then deeper to $76,000.
Personal view: BTC topped at $78,878 and has been making lower highs since, with sellers still in control. It needs to reclaim $77,314 to weaken the downtrend, otherwise SHORT remains the preferred bias below $76,664.
Manage your risk carefully. Not financial advice.
👇 TRADE BTC HERE 👇
$BTC
