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Cooger17
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Bearish
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I feel bearish before macroeconomics data
Just closed my
$BTC
trade with +300%
#FOMCMeeting
#CoreCPI
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Cooger17
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You donโt even know ETH is 4.2k right now! A lot of you just copying others posts without knowing anything!
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Then go strong short it! Youโll come back here crying when youโll get liquidated ๐
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๐ฏ BTCUSDT Analysis โ 4H Timeframe Bitcoin is currently trading around $114,850, moving within a short-term ascending channel following a sharp drop from the $115,600 zone. However, this structure closely resembles a bear flag, indicating a potential continuation to the downside. ๐ Technical Indicators: โข RSI at 52 โ Neutral zone, no strong bullish momentum. โข MACD slightly positive โ Bearish crossover likely if momentum weakens. โข Volume decreasing on the move up โ Indicates weak bullish conviction. ๐ Key Zone to Watch: ๐ธ $115,600 โ $116,000: major resistance area. ๐ป A rejection here could trigger a short entry. ๐ฏ Targets: $112,500 and potentially $109,500 if the channel breaks down. โ Preferred Trade Setup: ๐ป Short from the top of the channel if rejected. โ Invalidation above $116,200. ๐ Alternative Bullish Scenario: A breakout above $116,500 with strong volume could open the door for a move toward $118K โ $120K ๐ Iโm watching for a technical rejection to short BTC. Whatโs your game plan? ๐ฌ๐ Follow for more trade setup #BTC #CryptoAnalysis
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Your entry wasnโt great At this point you should look for sell cuz BTC is a little but bearish and the overall market
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Brainless detected
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