A solid short setup has emerged on Bitcoin.Trend is bearish — price is trading below the moving averages.
The setup offers a favorable risk-to-reward ratio within the prevailing downtrend.
📝Trade Plan:
Entry: At current market price
Stop Loss: Above the resistance level at 107,145
Target: Price zone around 94,000–95,000
The setup offers a favorable risk-to-reward ratio within the prevailing downtrend.
📝Trade Plan:
Entry: At current market price
Stop Loss: Above the resistance level at 107,145
Target: Price zone around 94,000–95,000
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