Bitcoin's Next Move 🤔
During today's London Kill Zone, #BTC experienced a sharp drop. Here's our plan for the next move:
📍 Key Zone to Watch:
We're waiting for the price to approach the $97,198 - $98,044 range. Once there, we'll look for confirmation to enter a SHORT position. ✅
🎯 Target Levels:
$93,508
$92,230
$90,530
$89,424
❌ Invalidation: If the price moves above $100,020, this setup becomes invalid.
Stay patient and wait for confirmation before taking action!
During today's London Kill Zone, #BTC experienced a sharp drop. Here's our plan for the next move:
📍 Key Zone to Watch:
We're waiting for the price to approach the $97,198 - $98,044 range. Once there, we'll look for confirmation to enter a SHORT position. ✅
🎯 Target Levels:
$93,508
$92,230
$90,530
$89,424
❌ Invalidation: If the price moves above $100,020, this setup becomes invalid.
Stay patient and wait for confirmation before taking action!
Trade active
#BTCUSDT | 1 HOUR TIMEFRAME UPDATEThe price of #BTC has reached the grey zone I highlighted in my previous analysis and dropped as expected. I caught the move after receiving confirmation. ⚡️
For now, set your stop loss at $97,600 and hold the trade for the targets outlined in my previous analysis.
Let’s see how this plays out!
Trade closed: target reached
#BTCUSDT | 1 HOUR TIMEFRAME UPDATEBoth short analyses I published for #BTC were spot on! As shown on the chart, the price reacted to the grey area and dropped. From our last zone ($95,059 - $96,161), the price declined by over 4.30% without leverage, hitting our second target. ⚡️
After reaching the second target, the price reversed back to the upside. Now, I’m waiting for the monthly candle to close. Tomorrow, the new monthly and yearly candles will open, and I’ll provide you with an updated analysis for #Bitcoin. Stay tuned! ❤️
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.
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.