Bitcoin forum
BTCUSD 🏆Gold Intraday Trade Setup: Sell Setup (Resistance Zone )Intraday Trade Setup: Sell Setup for Gold (Entry Price: 2588)
Trade Setup
Trade Type: Sell
Entry Price: 2588 (Sell Limit Order)
Stop Loss: 2600 (12 points above entry)
Take Profit 1: 2560 (28 points)
Take Profit 2: 2530 (58 points)
Short Reason for Entry:
Gold is approaching a strong resistance zone near 2588, which aligns with the 50% Fibonacci retracement level of the recent upward move from 2450 to 2630. The price has struggled to break above this level multiple times, indicating strong resistance.
Additionally, the RSI is showing overbought conditions, suggesting that the bullish momentum is weakening. With this combination of technical resistance and waning momentum, the likelihood of a price reversal to the downside increases, making this a suitable point to enter a short position.
BTCUSD We may see a correction afterRally from 65k to 93k.
BTCUSD Next move 107,000 USD.
BTCUSD Wave Analysis Road map for 100k
BTCUSD We may see $100000 Soon
BTCUSD.P The thing is... Bitcoin is going to break out of the channel. For now, we might see a breather.BTCUSD Target Reached. This is right time to Take Profit. Achieved +50% ROI.
BTCUSD can reach 100K
BTCUSD 8425054711
dm for all free trades
all analysis charts and signals complete free
BTCUSD Break LL Now Bitcoin will be fall to 66k level in 1 to 2 days