Bitcoin / TetherUSShort
BTC Short (Full Trade Plan)
Traders, let's look at this traditional bearish chart setup.
1) For the past six months, there has been a bearish consolidation in the price of bitcoin.
The market appears to be in the distribution phase, 2) as seen by the decline in volume (you can observe volumes in a one-month timeframe).
I'm wishing you success and financial gain.
SHORT BTCUSDT
Current price: $60,408
Entry levels:
1) $61,000
2) $62,000
3) $63,000
Targets:
1) $52,500
2) $48,000
3) $42,444
4) $39,000
Stop-loss: $66,000
Potential profits: 70% - 200%
Capital allocation: 2%
1) For the past six months, there has been a bearish consolidation in the price of bitcoin.
The market appears to be in the distribution phase, 2) as seen by the decline in volume (you can observe volumes in a one-month timeframe).
I'm wishing you success and financial gain.
SHORT BTCUSDT
Current price: $60,408
Entry levels:
1) $61,000
2) $62,000
3) $63,000
Targets:
1) $52,500
2) $48,000
3) $42,444
4) $39,000
Stop-loss: $66,000
Potential profits: 70% - 200%
Capital allocation: 2%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.