$BTC Short Entry Plan
Entry Level:82,280.94 (if the price breaks below this level)
Stop Loss (SL):82,477.63 (just above the nearest resistance level to minimize risk)
Target Levels:
1. 82,000.00
2. 81,800.00
3. 81,600.00
4. 81,400.00
Risk Management: The stop-loss is placed above the resistance level to avoid being stopped out by minor price fluctuations. The targets are set at key support levels where the price might find temporary stability or reverse.
This setup ensures a balanced risk-reward ratio while trading the potential downtrend. Always adjust your position size according to your risk tolerance.
Entry Level:82,280.94 (if the price breaks below this level)
Stop Loss (SL):82,477.63 (just above the nearest resistance level to minimize risk)
Target Levels:
1. 82,000.00
2. 81,800.00
3. 81,600.00
4. 81,400.00
Risk Management: The stop-loss is placed above the resistance level to avoid being stopped out by minor price fluctuations. The targets are set at key support levels where the price might find temporary stability or reverse.
This setup ensures a balanced risk-reward ratio while trading the potential downtrend. Always adjust your position size according to your risk tolerance.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
93,920.01
-1.27%