#CanadaSOLETFLaunch
---$BTC
BTC/USDT SHORT TRADE – ALL TARGETS HIT!
A perfect execution of a short setup on BTC/USDT!
Price was showing strong rejection from the resistance zone near $85,247. Multiple rejections were spotted on the chart with clear lower wicks and a break below the trendline – signaling potential weakness. Based on this structure, a short position was initiated at $85,247, with a stop loss at $86,498.
Short Trade Breakdown:
Entry: $85,247
Leverage: 10x - 20x
Stop Loss: $86,498
Targets:
1. $84,626
2. $84,172
3. $83,674
4. Final Target – Reached
The price followed the analysis exactly as planned. After entry, BTC showed a steady decline, hitting every single target with precision. The final target was achieved near the $83,671 level, showing clear downward momentum after breaking the structure.
This move is a great example of:
Respecting price action
Identifying key resistance zones
Using calculated risk with tight stop losses
No unnecessary indicators. Just clean, structured analysis and discipline.
Well done to those who executed the trade. A reminder that planning your trades and sticking to the setup can lead to consistent and reliable results.
---
