BTC/USDThe BTC/USD trade with an entry price of 117,000, stop-loss at 116,404, and exit price at 116,932 has successfully achieved its target, marking it as a profitable short-term sell trade. This setup was structured to capture a downward move in Bitcoin’s price, with a potential gain of 68 points while keeping risk under control. The trade reflects precise planning, as the target was reached efficiently without triggering the stop-loss.
The entry level at 117,000 was carefully selected, likely at or near a resistance zone where price showed signs of rejection or bearish signals from indicators such as RSI or MACD. This confirmed the potential for a downward move.
The stop-loss at 116,404 was set strategically to protect against sudden volatility and unexpected price spikes. Although it was close enough to manage risk effectively, the market respected the direction of the trade and did not test this level.
The exit price at 116,932 acted as a take-profit point aligned with short-term support, ensuring profits were secured before any reversal.
This successful target hit highlights the importance of discipline, technical analysis, and strict risk management in BTC/USD trading, especially in a highly volatile market.
