Bitcoin (BTCUSDT) is showing signs of a potential selling setup as price approaches a strong resistance zone. Bearish pressure is building, and a rejection from this area could lead to a downside move.
Traders should watch for confirmation signals like bearish candlestick patterns, lower highs, or a break of structure before entering. If sellers take control, we could see BTC move toward lower support levels.
Stay alert, wait for confirmation, and manage risk smartly! 📉🔥
Technical Analysis by Ali Khan
Traders should watch for confirmation signals like bearish candlestick patterns, lower highs, or a break of structure before entering. If sellers take control, we could see BTC move toward lower support levels.
Stay alert, wait for confirmation, and manage risk smartly! 📉🔥
Technical Analysis by Ali Khan
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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.
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.