BTC/USD 4H PAIR........Based on My provided information, My looking at a Bitcoin sell position with the following key points:
Sell Position: 83,000
Resistance: 84,000
Target Point 1: 78,000
Target Point 2: 75,000
This indicates that you're considering selling Bitcoin at 83,000 and targeting a drop to 78,000 or 75,000, with 84,000 acting as the resistance level. If Bitcoin fails to break the 84,000 resistance level, you expect the price to decline toward your target points.
If the price approaches 84,000, it would be important to monitor for any signs of a reversal, as that could signal a potential failure of your sell strategy. If the price reaches your target points (78,000 or 75,000), it could be time to consider locking in profits, depending on your risk tolerance.
Would you like assistance with analyzing this further or building a strategy around it?
