Cryptor23
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Bearish
$BTC Short Setup Brewing? 🎲🎰(high risk)
On the 4H timeframe, $BTC is currently trading at 94149 USDT, showing a slight decrease of -0.52%. The 24h high is 95369 USDT and the 24h low is 93655 USDT, with a trading volume of 11.182K BTC and 1.06B USDT. The price has wicked above a potential resistance trendline but is currently trading below it, hinting at a possible short-term bearish opportunity if the resistance holds.
Potential Entry Zone: 94150 - 94400 USDT (Consider entering within this range if bearish confirmation is seen)
Potential Short Targets:
🎯 First Target: 93650 USDT (Near-term support)
🎯 Second Target: 93000 USDT
🎯 Ultimate Target: 92200 USDT
Potential Stop Loss:
🛡️ 94700 USDT (Consider as a stop loss level above the recent high and resistance trendline)
Trade and buy here on $BTC
#btc #bitcoin
On the 4H timeframe, $BTC is currently trading at 94149 USDT, showing a slight decrease of -0.52%. The 24h high is 95369 USDT and the 24h low is 93655 USDT, with a trading volume of 11.182K BTC and 1.06B USDT. The price has wicked above a potential resistance trendline but is currently trading below it, hinting at a possible short-term bearish opportunity if the resistance holds.
Potential Entry Zone: 94150 - 94400 USDT (Consider entering within this range if bearish confirmation is seen)
Potential Short Targets:
🎯 First Target: 93650 USDT (Near-term support)
🎯 Second Target: 93000 USDT
🎯 Ultimate Target: 92200 USDT
Potential Stop Loss:
🛡️ 94700 USDT (Consider as a stop loss level above the recent high and resistance trendline)
Trade and buy here on $BTC
#btc #bitcoin
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