BTC/USD โ 30-Min Short Trade Setup!๐
๐น Asset: Bitcoin (BTC/USD)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Symmetrical Triangle Breakdown Short Trade
๐ Trade Plan (Short Position)
โ
Entry Zone: Below $96,447 (Breakdown Confirmation)
โ
Stop-Loss (SL): Above $97,010 (Break of Resistance & Trendline)
๐ฏ Take Profit Targets
๐ TP1: $95,676 (First Support Level)
๐ TP2: $94,752 (Extended Bearish Target)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $97,010 - $96,447 = $563 risk per BTC
๐ Reward to TP1: $96,447 - $95,676 = $771 (1.37 R/R)
๐ Reward to TP2: $96,447 - $94,752 = $1,695 (3.01 R/R)
๐ Technical Analysis & Strategy
๐ Symmetrical Triangle Breakdown Setup: BTC is losing momentum at resistance and forming lower highs, signaling a potential bearish breakdown.
๐ Support & Trendline Break: A break below $96,447 would confirm the bearish move.
๐ Breakdown Confirmation: A strong bearish candle closing below $96,447 with high volume would validate the setup.
๐ Momentum Shift Expected: If price breaks below $96,447, it could drop toward $95,676 (TP1) and $94,752 (TP2).
๐ Key Support & Resistance Levels
๐ด $97,010 โ Strong Resistance / Stop-Loss Level
๐ก $96,447 โ Entry / Breakdown Level
๐ข $95,676 โ First Support / TP1
๐ข $94,752 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure strong selling volume below $96,447 before entering.
๐ Trailing Stop Strategy: Move SL to entry ($96,447) after TP1 ($95,676) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $95,676, let the rest run to $94,752.
โ Adjust Stop-Loss to Break-even ($96,447) after TP1 is reached.
โ ๏ธ Fake Breakdown Risk
โ If price bounces above $96,447, it could be a fake breakdownโexit early.
โ Wait for a strong candle close below $96,447 for confirmation before entering aggressively.
๐ Final Thoughts
โ Bearish Setup โ Breaking below $96,447 could lead to lower targets.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:1.37 to TP1, 1:3.01 to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐
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