BTC SELL NOW
Updated
Bitcoin (BTC/USD) has broken out of its ascending channel and is now trading within a clear downtrend on the 2-hour timeframe. The price is consolidating below a key resistance zone, suggesting a potential continuation to the downside. Sellers have maintained control, and bearish momentum appears strong as BTC/USD approaches the support zones outlined.
Trade Setup: Sell BTC/USD
Entry Zone: Around $93,400 - $93,500
Take Profit Levels:
$92,500
$91,800
$91,000
Stop Loss: Above $94,800
This setup favors bearish momentum; however, monitor closely for any signs of reversal or breakout above resistance. Proper risk management is key. Let me know if you'd like further tweaks!
Trade Setup: Sell BTC/USD
Entry Zone: Around $93,400 - $93,500
Take Profit Levels:
$92,500
$91,800
$91,000
Stop Loss: Above $94,800
This setup favors bearish momentum; however, monitor closely for any signs of reversal or breakout above resistance. Proper risk management is key. Let me know if you'd like further tweaks!
Trade closed: target reached
TARGET HIT
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