This chart shows a short setup on Bitcoin.
📉 Quick Analysis:
🔹 Timeframe: 15 minutes
🔹 Entry: Around $97,550 (red line)
🔹 Stop Loss: Around $98,043 (gray box)
🔹 Target: Around $95,825
📊 Key Points:
✅ Price rejected from a previous resistance zone and entered a liquidity area
✅ Strong bearish candles after hitting resistance
✅ Favorable risk-to-reward ratio
❓ Do you think this trade will hit the target or get liquidated?
📉 Quick Analysis:
🔹 Timeframe: 15 minutes
🔹 Entry: Around $97,550 (red line)
🔹 Stop Loss: Around $98,043 (gray box)
🔹 Target: Around $95,825
📊 Key Points:
✅ Price rejected from a previous resistance zone and entered a liquidity area
✅ Strong bearish candles after hitting resistance
✅ Favorable risk-to-reward ratio
❓ Do you think this trade will hit the target or get liquidated?
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.