📉 BTC/USD 1H Chart Analysis
🧠 Trade Setup: Short/Sell Idea
🔹 Entry Zone:
🔵 Between 107,538 – 107,620
📍 (Blue box – Price expected to reverse from this resistance)
🔹 Stop Loss:
🛑 109,291 – 109,346
🟧 (Orange zone – Placed above resistance to prevent fake-outs)
🔹 Target Point:
🎯 101,200
🟦 (Blue zone – Previous demand/support level)
🔍 Technical Breakdown
📉 Trendline Resistance:
▪️ Descending diagonal trendline shows strong downward pressure
▪️ Price approaching the line = likely rejection zone ❌
📊 EMA 70 (105,139):
▪️ Price just crossed above EMA
▪️ Temporary bullish move to lure sellers in 🪤
▪️ EMA acts as dynamic resistance/support
🕯 Price Action:
▪️ Sharp move up = liquidity grab? 💧
▪️ Entering supply zone ➡️ potential drop 📉
⚙️ Trade Plan Summary
🟢 Sell When:
▪️ Price hits entry zone (107,538–107,620)
▪️ Bearish candlestick forms (e.g. engulfing pattern or pin bar) 🔎
🛑 Place SL:
▪️ Just above resistance at 109,346
▪️ Gives space for normal volatility
🎯 Target TP:
▪️ Major support around 101,200
▪️ Good Risk:Reward ratio ✅ (Approx. 1:3)
📌 Final Notes
📉 This setup expects a reversal from resistance
🧱 Strong confluence with trendline + EMA + price structure
⚠️ Wait for confirmation — don’t rush entry!
Want me to create a TradingView alert script or copy-paste plan from this? 👨💻📈
🧠 Trade Setup: Short/Sell Idea
🔹 Entry Zone:
🔵 Between 107,538 – 107,620
📍 (Blue box – Price expected to reverse from this resistance)
🔹 Stop Loss:
🛑 109,291 – 109,346
🟧 (Orange zone – Placed above resistance to prevent fake-outs)
🔹 Target Point:
🎯 101,200
🟦 (Blue zone – Previous demand/support level)
🔍 Technical Breakdown
📉 Trendline Resistance:
▪️ Descending diagonal trendline shows strong downward pressure
▪️ Price approaching the line = likely rejection zone ❌
📊 EMA 70 (105,139):
▪️ Price just crossed above EMA
▪️ Temporary bullish move to lure sellers in 🪤
▪️ EMA acts as dynamic resistance/support
🕯 Price Action:
▪️ Sharp move up = liquidity grab? 💧
▪️ Entering supply zone ➡️ potential drop 📉
⚙️ Trade Plan Summary
🟢 Sell When:
▪️ Price hits entry zone (107,538–107,620)
▪️ Bearish candlestick forms (e.g. engulfing pattern or pin bar) 🔎
🛑 Place SL:
▪️ Just above resistance at 109,346
▪️ Gives space for normal volatility
🎯 Target TP:
▪️ Major support around 101,200
▪️ Good Risk:Reward ratio ✅ (Approx. 1:3)
📌 Final Notes
📉 This setup expects a reversal from resistance
🧱 Strong confluence with trendline + EMA + price structure
⚠️ Wait for confirmation — don’t rush entry!
Want me to create a TradingView alert script or copy-paste plan from this? 👨💻📈
Trade closed: target reached
Note
hit our target fighter
join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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 my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.