BTC/USD Short Setup – Triple Top Reversal with EMA Confirmation Entry Point (Sell): Around $85,699.52
Stop Loss: $86,741.44 (above resistance zone)
Target (Take Profit): $82,982.09
This provides a Risk-Reward Ratio of approximately 1:2, a commonly acceptable ratio in trading.
📈 Indicators:
EMA 30 (Red) is currently above the EMA 200 (Blue), indicating bullish momentum—but this setup anticipates a trend reversal.
If price breaks below the EMAs, that would confirm bearish strength.
🧠 Conclusion:
This setup is based on:
A strong resistance zone,
Bearish reversal pattern (triple top),
Risk management via stop loss and take profit levels.
If you're trading this:
Wait for confirmation with a bearish candlestick below the EMAs or a break of recent support.
Manage position size based on stop distance and your account risk tolerance.
