Hi!
Price broke hard below the long-term ascending channel, confirming a clear shift from bullish to bearish momentum.
After the breakdown, BTC is moving in a small descending correction channel, creating a classic lower-high retracement toward supply.
Price broke hard below the long-term ascending channel, confirming a clear shift from bullish to bearish momentum.
After the breakdown, BTC is moving in a small descending correction channel, creating a classic lower-high retracement toward supply.
- Direction: Short
- Entry Area: 87,200 – 88,300 (two stacked red zones)
- Stop-Loss: Above 88,700–89,000 (top of supply)
- Target: 83,000 – 84,800 (large green demand area)
Trade closed: target reached
our target was between 83,000 – 84,800 that reached
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
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.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
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.