🔻 Bitcoin Short Trade Setup 🔻
Bitcoin is currently facing strong resistance around the $98,800 - $100,000 zone. The price has rejected this level multiple times in the past, making it an ideal area for a short position.
📉 Trade Setup:
🔹 Entry: Around $98,850
🔹 Stop Loss: Above $100,160 (key resistance)
🔹 Take Profit: $96,087 (previous support level)
🔹 Risk/Reward Ratio: ~2:1
🧐 Why Short?
✅ Strong resistance zone
✅ Previous rejections at this level
✅ Potential pullback after recent rally
If price breaks above resistance, this trade setup becomes invalid. Trade with caution and manage your risk accordingly!
What do you think? Let me know in the comments! 📊💬
Bitcoin is currently facing strong resistance around the $98,800 - $100,000 zone. The price has rejected this level multiple times in the past, making it an ideal area for a short position.
📉 Trade Setup:
🔹 Entry: Around $98,850
🔹 Stop Loss: Above $100,160 (key resistance)
🔹 Take Profit: $96,087 (previous support level)
🔹 Risk/Reward Ratio: ~2:1
🧐 Why Short?
✅ Strong resistance zone
✅ Previous rejections at this level
✅ Potential pullback after recent rally
If price breaks above resistance, this trade setup becomes invalid. Trade with caution and manage your risk accordingly!
What do you think? Let me know in the comments! 📊💬
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。