๐จ ATTENTION: NEW ALERT ๐จ
๐ Impending Bearish Trend: #btcusdt @ppvip5
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Why BTC is in a Bearish Trend:
- Bitcoin, observed over a 4-hour timeframe, exhibits a Descending Triangle formation. This pattern showcases a series of lower highs coupled with a consistent support level. The breakout resistance line, a critical juncture where the descending trendline intersects the horizontal support, holds significant importance. A breach above this resistance line signals potential bullish momentum, while a failure could accentuate bearish sentiment. This pattern advises traders to exercise caution, hinting at a possible downward trajectory in the short term.
Signal Type: SHORT
๐ Entry Point: 63537.22 or (Execute at Market Price)
๐ฏ Profit Targets:
1) 61748.79
2) 60207.04
3) 59158.65
4) 55951.81
๐ Leverage: 20x
โ Stop Loss: 66497.38
Seize this opportunity and stay ahead of the market! ๐ธ
