🧨
🔍 Chart Analysis:
🟢 Recent Price Action:
Bitcoin formed a double top pattern near the Recent All-Time High (ATH) 📈 — a strong bearish signal 🔔.
A trendline break occurred right after the second peak, confirming potential weakness ⚠️.
🟠 Supply Zone:
Price re-entered a previous supply zone (resistance area) and failed to hold above it 🧱 — indicating sellers are active again.
🔵 EMA 70 (Blue Line):
The price has dropped below the 70 EMA, signaling momentum shift from bullish to bearish 📉.
🔴 STOP LOSS ZONE:
Positioned above 110,555 🚫 — risk level for this short setup if bulls reclaim control.
🟡 Bearish Pathway (Expected Move):
Price may retest the broken zone 🔁.
Followed by a sharp drop to the 1st support near $101,503 🎯.
Confirmed by large bearish volume spikes 📊.
💥 Trade Idea:
Entry: Near 106,000 (on retest of supply zone).
Stop Loss: Above 110,555 🔺.
Target: $101,500 🎯.
Risk/Reward Ratio: 🔥 Favorable setup for swing short sellers!
📛 Pattern Breakdown:
⚠️ Double Top = Reversal Signal.
🔻 Trendline Break = Shift in Market Structure.
🧊 Supply Zone Rejection = Bearish Confirmation.
🔍 Chart Analysis:
🟢 Recent Price Action:
Bitcoin formed a double top pattern near the Recent All-Time High (ATH) 📈 — a strong bearish signal 🔔.
A trendline break occurred right after the second peak, confirming potential weakness ⚠️.
🟠 Supply Zone:
Price re-entered a previous supply zone (resistance area) and failed to hold above it 🧱 — indicating sellers are active again.
🔵 EMA 70 (Blue Line):
The price has dropped below the 70 EMA, signaling momentum shift from bullish to bearish 📉.
🔴 STOP LOSS ZONE:
Positioned above 110,555 🚫 — risk level for this short setup if bulls reclaim control.
🟡 Bearish Pathway (Expected Move):
Price may retest the broken zone 🔁.
Followed by a sharp drop to the 1st support near $101,503 🎯.
Confirmed by large bearish volume spikes 📊.
💥 Trade Idea:
Entry: Near 106,000 (on retest of supply zone).
Stop Loss: Above 110,555 🔺.
Target: $101,500 🎯.
Risk/Reward Ratio: 🔥 Favorable setup for swing short sellers!
📛 Pattern Breakdown:
⚠️ Double Top = Reversal Signal.
🔻 Trendline Break = Shift in Market Structure.
🧊 Supply Zone Rejection = Bearish Confirmation.
Operación activa
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VIP Channels:
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Join My telegram channel Free:
t.me/+r-thYiraqh4xNjI0
💎
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
t.me/+r-thYiraqh4xNjI0
💎
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.