Description
This 4-hour BTC/USD chart shows a potential sell setup near the previous all-time high. Price is currently testing a key resistance zone just below that high. The chart suggests waiting for bearish confirmation (e.g., a rejection or lower high) before entering a short position.
If confirmed, the first target is around the 106,000 level, aligned with the cloud and previous structure. A stronger bearish move could push price toward the second target near the 101,000–100,000 support zone.
1st Target: 106,000 USD
2nd Target: 101,000–100,000 USD (Support Zone)
This setup hinges on rejection from the resistance area — no short trade is advised until confirmation is seen.
This 4-hour BTC/USD chart shows a potential sell setup near the previous all-time high. Price is currently testing a key resistance zone just below that high. The chart suggests waiting for bearish confirmation (e.g., a rejection or lower high) before entering a short position.
If confirmed, the first target is around the 106,000 level, aligned with the cloud and previous structure. A stronger bearish move could push price toward the second target near the 101,000–100,000 support zone.
1st Target: 106,000 USD
2nd Target: 101,000–100,000 USD (Support Zone)
This setup hinges on rejection from the resistance area — no short trade is advised until confirmation is seen.
Trade active
1st target reached 106,000Note
Great our analys running is well market reached 102,6256
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Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.
🟡 TELEGRAM CHANNEL:
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.