Bitcoin
Short

Short Setup on Bitcoin

96
A solid short setup has emerged on Bitcoin.Trend is bearish — price is trading below the moving averages.
The setup offers a favorable risk-to-reward ratio within the prevailing downtrend.

📝Trade Plan:
Entry: At current market price
Stop Loss: Above the resistance level at 107,145
Target: Price zone around 94,000–95,000

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.