Price Action Alert on #BTC/USDT (4H Timeframe)
#Bitcoin recently broke down from a rising wedge, a classically bearish pattern. Alongside this, we've also identified a bearish RSI divergence, further validating potential downside momentum.
Key Observations:
🔺 Rising wedge breakdown confirmed
📉 Bearish divergence on RSI (4H)
🔁 Price is now retesting the broken wedge from below (a classic bear signal!)
⛔️ Still holding above a key horizontal support — watching for a clean break here for confirmation
📌 Bearish Trade Setup (Waiting for Confirmation):
Entry: Below key support zone (marked on chart)
Target 1: $84,300
Target 2: $75,000
Stop-loss: Above wedge breakout point (100,500)
💼 Always follow proper risk management!
🧠 Why This Matters:
The combination of pattern breakdown, bearish divergence, and a retest zone is a powerful signal — but patience is key. We wait for full confirmation (support break) before executing any short trade.
📣 What do you think — will #BTC break the support or bounce back? Drop your thoughts in the comments! 🗣️
If you found this analysis helpful, like, comment, and follow for more real-time setups! 🚀
#BTC #Bitcoin #CryptoAnalysis #PriceAction #Bearish #ShortSetup #RisingWedge #TechnicalAnalysis #CryptoTrading #TradingView
#Bitcoin recently broke down from a rising wedge, a classically bearish pattern. Alongside this, we've also identified a bearish RSI divergence, further validating potential downside momentum.
Key Observations:
🔺 Rising wedge breakdown confirmed
📉 Bearish divergence on RSI (4H)
🔁 Price is now retesting the broken wedge from below (a classic bear signal!)
⛔️ Still holding above a key horizontal support — watching for a clean break here for confirmation
📌 Bearish Trade Setup (Waiting for Confirmation):
Entry: Below key support zone (marked on chart)
Target 1: $84,300
Target 2: $75,000
Stop-loss: Above wedge breakout point (100,500)
💼 Always follow proper risk management!
🧠 Why This Matters:
The combination of pattern breakdown, bearish divergence, and a retest zone is a powerful signal — but patience is key. We wait for full confirmation (support break) before executing any short trade.
📣 What do you think — will #BTC break the support or bounce back? Drop your thoughts in the comments! 🗣️
If you found this analysis helpful, like, comment, and follow for more real-time setups! 🚀
#BTC #Bitcoin #CryptoAnalysis #PriceAction #Bearish #ShortSetup #RisingWedge #TechnicalAnalysis #CryptoTrading #TradingView
取消訂單
Trade is cancel, its not valid. 
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。