Bitcoin / Tether Perpetual Linear Swap Contract

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Bitcoin / Tether Perpetual Linear Swap Contract forum

BTC/USDT Sell Trade Setup

Entry Price: 98,800

Target 1: 98,400

Target 2: 98,000

Stop Loss: 99,200


Trade Overview:
This setup suggests a bearish outlook on BTC/USDT, with potential targets at 98,400 and 98,000 USDT. The entry is set at 98,800 USDT, with a protective stop loss placed at 99,200 USDT to manage risk effectively.

Risk Management:
Always ensure your position size and risk exposure are aligned with your overall trading plan. Use proper risk-reward ratios and avoid overexposure to any single trade.

Disclaimer:
This analysis is based on technical indicators and should not be considered as financial advice. Trading involves significant risk, and it’s crucial to conduct your own due diligence. The information shared is for educational purposes only, and you should consult a financial advisor if necessary before making any trading decisions. Trade responsibly and manage your risks.

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Trade Update: TP2 successfully hit, securing a profit of 80+ pips.

Execution: The trade was executed with precision, and the target was achieved as planned.

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