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BTC/USD Sell Signal
Entry: 98,300
1 Tp 96,000
2 tp 94,000
3 tp 92,200
Target: 92,200
Stop-Loss: 100,500
📊 Trade with caution. Manage your risk wisely!
Would you like me to help you create a graphic or suggest hashtags for better reach? A BTC/USD sell zone at 98,300 on the H2 chart suggests that price may face resistance around this level, leading to a potential reversal or correction.
Key Points to Consider for a Sell Setup:
1. Resistance Confirmation – Check if 98,300 aligns with a previous resistance zone, order block, or Fibonacci retracement level.
2. Bearish Rejection Candles – Look for wicks, engulfing patterns, or pin bars confirming selling pressure.
3. Divergence – RSI or MACD divergence could signal weakening bullish momentum.
4. Volume Analysis – Decreasing volume near 98,300 may indicate exhaustion of buyers.
5. Break of Lower Timeframe Structure – If price forms lower highs and lower lows on M15 or M5, it strengthens the sell case.
6. Stop-Loss Placement – Above 98,500–98,800, depending on volatility and liquidity.
7. Take Profit Zones – Potential targets: 97,000, 96,200, and lower based on market structure.
Would you like a more detailed chart breakdown or additional confluence factors?