#CanadaSOLETFLaunch
Short Sale on BTC/USDT - All Targets Achieved!
Perfect Execution of Short Sale on BTC/USDT!
The price showed strong rejection from the resistance area near $85,247. Multiple instances of rejection were observed on the chart with clear lower wicks and a breakdown below the trendline - indicating potential weakness. Based on this structure, a short position was opened at $85,247, with a stop loss at $86,498.
Details of the Short Sale:
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, Bitcoin showed a steady decline, hitting every target precisely. The final target was achieved near the $83,671 level, showing clear bearish momentum after breaking the structure.
This movement is a great example of
Respecting Price Action
Identifying Key Resistance Areas
Using Calculated Risk with Tight Stop Losses
No unnecessary indicators. Just clean, organized analysis and discipline.
Well done to those who executed the trade. A reminder that planning your trades and sticking to setups can lead to consistent and reliable results.
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