Bitcoin / TetherUSShort
BTCUSDT, Strong Bearish Trend
If we see BTCUSDT on TF H4, we will see that the price makes lower high and lower low twice
So it can be said that Bitcoin is in a very strong downtrend
Therefore we are only looking for SELL entries
I recommend selling entries in the lower low area and SL in the lower high area
For TP, it can be adjusted according to each risk reward or TP on support area
Please share your opinion in the comments
Trade with care
Disclaimer: The analysis should not be used as financial advice.
So it can be said that Bitcoin is in a very strong downtrend
Therefore we are only looking for SELL entries
I recommend selling entries in the lower low area and SL in the lower high area
For TP, it can be adjusted according to each risk reward or TP on support area
Please share your opinion in the comments
Trade with care
Disclaimer: The analysis should not be used as financial advice.
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.