📌 🚀
🔹 Asset: BTC/USDT (Bitcoin)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $94,664 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $96,188 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $92,393 (First Support Level)
📌 TP2: $90,456 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $96,188 - $94,664 = $1,524 risk per BTC
📉 Reward to TP1: $94,664 - $92,393 = $2,271 (1:1.5 R/R)
📉 Reward to TP2: $94,664 - $90,456 = $4,208 (1:2.8 R/R)
🔍 Technical Analysis & Strategy
📌 Rising Wedge Breakdown: Price has formed a rising wedge, a bearish pattern indicating a possible correction.
📌 Breakdown Confirmation Needed: A move below $94,664 with strong selling pressure confirms short entry.
📌 Momentum Shift Expected: If price breaks below $94,664, it could move toward $92,393, and further to $90,456.
📌 Volume Confirmation Needed: Ensure high selling volume when price breaks $94,664 for a stronger bearish move.
📊 Key Support & Resistance Levels
🔴 $96,188 – Stop-Loss / Resistance Level
🟡 $94,664 – Breakdown Level / Short Entry
🟢 $92,393 – First Support / TP1
🟢 $90,456 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure high selling volume below $94,664 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($94,664) after TP1 ($92,393) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $92,393, let the rest run toward $90,456.
✔ Adjust Stop-Loss to Break-even ($94,664) after TP1 is reached.
⚠️ Fake Breakdown Risk
❌ If the price fails to hold below $94,664 and bounces back, exit early to avoid losses.
❌ Wait for a strong bearish candle close below $94,664 before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breaking below $94,664 could lead to lower targets.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.5 to TP1, 1:2.8 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📉
🔗 #CryptoTrading #BTC #ShortTrade #TechnicalAnalysis #MomentumCrypto #ProfittoPath #TradingView #CryptoMarket #SwingTrading #RiskManagement #ChartAnalysis 📉🔥
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