#BTCUSDT | 1 HOUR TIMEFRAME UPDATE
This analysis carries a high risk, but I’ll share my perspective: 👇👇
Currently, #BTC is trading at a premium area. We can look for confirmation in the $87,840 - $89,000 range to enter a short position. ✅
Key downside targets: $86,843 - $86,261 - $85,488 📉
Invalidation level: Above $89,500 ❌
This analysis carries a high risk, but I’ll share my perspective: 👇👇
Currently, #BTC is trading at a premium area. We can look for confirmation in the $87,840 - $89,000 range to enter a short position. ✅
Key downside targets: $86,843 - $86,261 - $85,488 📉
Invalidation level: Above $89,500 ❌
Note
First Target Achieved $86,843Trade active
Second Target Achieved $86,261Trade closed: target reached
#BTCUSDT | 1 HOUR TIMEFRAME UPDATEThe price of #BTC dropped 3.10% as expected, hitting all take profit targets! ⚡️
If you're holding a short position, consider securing profits by closing 80% and moving your stop loss to the entry point. ✅
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.