BTC SHORT TO 41k
Trade Rationale:
Price has reached a significant resistance level, and there is a clear bearish structure indicating potential downside movement. The current setup offers a high risk/reward ratio, targeting a return to the previous low, with a stop loss placed just above the recent high.
This trade is based on a continuation of the bearish trend observed over the past several weeks.
Price has reached a significant resistance level, and there is a clear bearish structure indicating potential downside movement. The current setup offers a high risk/reward ratio, targeting a return to the previous low, with a stop loss placed just above the recent high.
This trade is based on a continuation of the bearish trend observed over the past several weeks.
Note
Detailed Explanation in this video:
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