Bitcoin / TetherUS
Short

BTC/USDT Bearish Continuation Setup

148
Chart Identification:

Timeframe: Likely 1H or 4H

Pair: BTC/USDT

Indicators: Ichimoku Cloud

Pattern: Price broke down from cloud resistance and is retesting previous support

Setup: Bearish continuation with consolidation before next leg down



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✅ Trade Setup (Sell):

🔹 Entry Point:

Sell Entry: Below 113,500.84

This level marks the neckline of a small consolidation zone.

Wait for clean candle close below this level.




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🎯 Target Levels (Take Profit):

1. TP1: 110,955.16

Previous minor support



2. TP2: 108,091.84

Key support/demand area





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🧠 Optional Confirmation:

You can wait for:

Bearish candlestick pattern at 112.1K zone

Rejection of retest near 113.7K–114.3K (top of cloud)



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📌 Summary:

> BTC/USDT Short Setup

🟢 Entry: Below 113,500.84
🎯 Target 1: 110,955.16
🎯 Target 2: 108,091.84

Bearish bias as price remains below the Ichimoku cloud and shows signs of continuation.

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