Bitcoin
Short

BTC Trading Recommendation (2nd Short Position)

212
BTC Trading Recommendation (2nd Short Position)
📌 Pair: BTC/USD
📌 Timeframe: 15-Minute (M15)
📌 Exchange: (Hidden as requested)

Technical Analysis
Key Resistance Levels:

83,944 - 84,383 USD (Orange Zone)

86,183 USD (Strong Resistance)

Key Support Levels:

82,568 USD

77,827 - 77,942 USD (Strong Support)

EMA Indicators:

Price is currently hovering near EMA 33 and EMA 89, indicating a consolidation phase before the next move.

Trading Volume:

Slight increase but no clear breakout direction yet.

Trading Strategy
🔻 2nd Short BTC Recommendation: Enter a sell position when the price approaches 83,944 - 84,383 USD (minor resistance zone).

🎯 Target Prices (Take Profit - TP):

TP1: 82,568 USD

TP2: 77,827 - 77,942 USD

🚨 Stop Loss (SL):

Place SL above 84,400 USD to avoid stop-hunting.

📊 Risk-Reward Ratio (R:R) is favorable (~3:1) if price follows the plan.
⚠️ Note: Manage risk properly and observe price action at resistance zones before executing the trade.








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