💖💜 BTC/USD 1H – Bearish Setup in Play 💜💖
Bitcoin is showing signs of weakness on the 1-hour chart ⏰. After a rejection near the 💥 $122,000 zone, price has been forming lower highs and consolidating in a tight range 📉.
🎯 Target Zone: $116,175
🛑 Stop Loss: $119,875
📍 Entry Zone: Around $118,300
💰 Risk/Reward: ~2.5:1
🌸 Analysis Summary:
🔻 Price is hugging the resistance line (red trend guide)
🔮 Bearish continuation likely after range breakdown
🧊 Momentum fading – no bullish breakout signs
📉 Structure suggests a break below current support is probable
✨ Visual Theme:
💗 Pink = Resistance
💜 Purple = Background/Market Mood
💫 Calm colors, but bearish pressure is building underneath
📌 Trade safe & stay stylish! 💅
Bitcoin is showing signs of weakness on the 1-hour chart ⏰. After a rejection near the 💥 $122,000 zone, price has been forming lower highs and consolidating in a tight range 📉.
🎯 Target Zone: $116,175
🛑 Stop Loss: $119,875
📍 Entry Zone: Around $118,300
💰 Risk/Reward: ~2.5:1
🌸 Analysis Summary:
🔻 Price is hugging the resistance line (red trend guide)
🔮 Bearish continuation likely after range breakdown
🧊 Momentum fading – no bullish breakout signs
📉 Structure suggests a break below current support is probable
✨ Visual Theme:
💗 Pink = Resistance
💜 Purple = Background/Market Mood
💫 Calm colors, but bearish pressure is building underneath
📌 Trade safe & stay stylish! 💅
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Free Telegram Signals : t.me/SarahAnalyticsSignals
For Gold signals: t.me/SarahAnalyticsSignals
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join Sarah Trades -
Free Telegram Signals : t.me/SarahAnalyticsSignals
For Gold signals: t.me/SarahAnalyticsSignals
Free Telegram Signals : t.me/SarahAnalyticsSignals
For Gold signals: t.me/SarahAnalyticsSignals
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.