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Btcshortsetup

What BTC has to offer now - Swing Trade opportunityBINANCE:BTCUSDT.P DELTAIN:BTCUSD.P BYBIT:BTCUSDT.P BTC played our level perfectly giving about 8.5% return in three days Now what can be done next - LETS DISCUSS After touching our level 94000 which was a 0.5 retracement zone BTC is down 1500 points I am expecting bearish momentum in the upcoming days LOGIC - To sustain the upwards trend in the long term BTC has to test its 0.6 retracement zone in 1 month tf which is around 74700 level, I could be 100% wrong but the global environment is not so good which might act as a catalyst for the downwards momentum. Leverage recommended 5x or below (Level based on Delta Exchange Chart) Short at Current market price = 92600 Stop loss = 97600 Target 1 = 87500 (RR 1:1) Target 2 = 80608 (RR 1:2.4) Target 3 = 74700 (RR 1:3.6) RR ratio = 1:3.6 Total point to capture = 17850 Stop loss point = 5050 Disclaimer: The content is for educational purposes and should not be considered a recommendation to buy or sell any security.
DELTAIN:BTCUSD.PShort
by RishabhJain242
2
“BTC/USDT at Crossroads | Key Levels to Watch🔎 Chart Analysis – BTC/USDT (45m) Resistance Zone: Around 112,586 – 113,200 USDT. Price has tested this area multiple times but failed to break out, confirming strong selling pressure. Support Zone: Around 107,529 – 108,400 USDT. Buyers have consistently defended this zone, making it a key demand area. Current Price: 110,720 USDT, sitting in the middle of support and resistance. 📌 Scenarios: Bullish Case 🟢🚀 – If BTC breaks above 112,586 USDT, momentum could push toward 113,500+ USDT. Bearish Case 🔴📉 – If BTC fails to hold 109,349 USDT, price may retest the deeper support around 107,500 USDT. ⚖️ Trading Plan Idea: Long Entry: Above 112,600 breakout ✅ Short Entry: Below 109,300 breakdown ❌ Target Zones: Upside 🎯 → 113,500+ Downside 🎯 → 107,500
Long
by Pipshunter27
BTCUSD 4 HR ANALYSIS | SHORT TRADE🚀 Bitcoin (BTC) Price Analysis - 4-Hour Timeframe 📊 Chart Overview: Current Price: $96,935.44 Timeframe: 4-Hour chart Date Published: December 20, 2024 Key Features: Trend Channe l: The chart illustrates a red ascending channel that represents the previous upward trend in Bitcoin’s price. Support and Resistance Levels: Resistance Level : Identified at $99,612.38 Support Level : Identified at $89,438.39 Price Movement : Recently, there has been a significant price drop depicted on the chart. Potential Drop: A green arrow indicates a potential price drop of 9.30%, equating to -$9,171.21. Discussion Point : The chart poses the question, “Can Bitcoin drop 10% from next week (23 Dec 2024)? Comment what you think? Analysis : The ascending trend channel suggests that Bitcoin has been in an upward trend. The recent price action shows a breach of this channel, hinting at a possible trend reversal. Key support at $89,438.39 needs to be monitored, as a break below this level could confirm further downside. The potential 9.30% drop indicates market uncertainty, potentially leading to a larger correction. Conclusion: Monitor the key support and resistance levels closely. The breach of the ascending channel and the significant price drop could suggest a trend reversal, warranting caution for bullish positions. Stay tuned for updates as we approach the critical date of December 23, 2024. Note - This is Only for education purpose. Follow and give Like
BINANCE:BTCUSDShort
by PM_Patil
1