BTC/USDT (15-Min) Analysis - Potential Short Setup
1. Market Structure & Key Zones:
Downtrend: Price has been making lower highs and lower lows—indicating a bearish trend.
Green Resistance Zone (~$81,800 - $82,500):
Price previously broke down from this level.
Now acting as a supply zone (potential resistance).
If price re-tests and fails here, it confirms a short opportunity.
Blue Support Level (~$80,400 - $80,600):
This level has been tested multiple times as a temporary support.
A breakdown here would confirm continuation to the downside.
2. Volume & RSI Indicators:
Volume Profile:
Increased sell-side volume at resistance indicates distribution.
RSI (53.22, declining):
No overbought conditions.
A potential bearish divergence if price rejects at resistance while RSI weakens.
3. Trade Setup (Short Position - SFP Trap)
Entry Zone: $81,800 - $82,500 (watch for wick rejections).
Stop-Loss: Above $82,800 - $83,000 (invalidates bearish structure).
Take-Profit Targets:
TP1: $80,400 - $80,600 (previous support).
TP2: $79,500 (lower liquidity zone).
TP3: $78,000 (strong demand).
Risk-Reward Ratio (RRR): Aim for 1:3 or higher.
4. Confirmation Needed Before Entry:
✅ Bearish candlestick rejection (SFP, Engulfing, Pin Bar).
✅ Increased sell volume near resistance.
✅ RSI divergence or failure to break resistance.
Conclusion:
High-probability short setup if price rejects resistance.
Break below $80,400 confirms continuation down.
If price breaks above $83,000, bullish invalidation.
1. Market Structure & Key Zones:
Downtrend: Price has been making lower highs and lower lows—indicating a bearish trend.
Green Resistance Zone (~$81,800 - $82,500):
Price previously broke down from this level.
Now acting as a supply zone (potential resistance).
If price re-tests and fails here, it confirms a short opportunity.
Blue Support Level (~$80,400 - $80,600):
This level has been tested multiple times as a temporary support.
A breakdown here would confirm continuation to the downside.
2. Volume & RSI Indicators:
Volume Profile:
Increased sell-side volume at resistance indicates distribution.
RSI (53.22, declining):
No overbought conditions.
A potential bearish divergence if price rejects at resistance while RSI weakens.
3. Trade Setup (Short Position - SFP Trap)
Entry Zone: $81,800 - $82,500 (watch for wick rejections).
Stop-Loss: Above $82,800 - $83,000 (invalidates bearish structure).
Take-Profit Targets:
TP1: $80,400 - $80,600 (previous support).
TP2: $79,500 (lower liquidity zone).
TP3: $78,000 (strong demand).
Risk-Reward Ratio (RRR): Aim for 1:3 or higher.
4. Confirmation Needed Before Entry:
✅ Bearish candlestick rejection (SFP, Engulfing, Pin Bar).
✅ Increased sell volume near resistance.
✅ RSI divergence or failure to break resistance.
Conclusion:
High-probability short setup if price rejects resistance.
Break below $80,400 confirms continuation down.
If price breaks above $83,000, bullish invalidation.
Trade active
WARING DO NOT MAKE A SELL LIMITalways wait for price reaction
wait for price to approach 84k area and wait for some reversal signal (hammer candlestick bearish or create a new bearish structure on 5m time frame)
If the price closes above the 84k area and does not react to that price area
Then this plan should be canceled
Note
Here my tradingNote
I took SL + at 82k—this trade closed.Let wait new setup
Trade closed: stop reached
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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.