I'm considering selling Bitcoin at *103,000* (assuming this is USD or another currency) with a *target point of 94,000* (possibly for a re-entry or downside target).
### Key Considerations:
1. *Current Market Trend* – Is Bitcoin in an uptrend or downtrend?
2. *Support/Resistance Levels* –
- If *103,000* is a strong resistance, selling here could be logical.
- If *94,000* is a key support, it might be a good re-entry point.
3. *Risk Management* –
- Where is your stop-loss if the trade goes against you?
- Are you taking partial profits or waiting for the full move?
### Suggested Action:
- *If bullish*, consider holding unless there's a clear rejection at 103K.
- *If bearish*, selling here with a target of 94K makes sense, but watch for key support levels.
- *If scalping*, you may take partial profits along the way.
Would you like an analysis of Bitcoin’s current price action to refine this trade?
(Note: This is not financial advice; always do your own research.) 🚀
### Key Considerations:
1. *Current Market Trend* – Is Bitcoin in an uptrend or downtrend?
2. *Support/Resistance Levels* –
- If *103,000* is a strong resistance, selling here could be logical.
- If *94,000* is a key support, it might be a good re-entry point.
3. *Risk Management* –
- Where is your stop-loss if the trade goes against you?
- Are you taking partial profits or waiting for the full move?
### Suggested Action:
- *If bullish*, consider holding unless there's a clear rejection at 103K.
- *If bearish*, selling here with a target of 94K makes sense, but watch for key support levels.
- *If scalping*, you may take partial profits along the way.
Would you like an analysis of Bitcoin’s current price action to refine this trade?
(Note: This is not financial advice; always do your own research.) 🚀
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.