"Hello traders, focusing on BTC, the price has broken below a trend line and closed under it on high time frames. I anticipate a decline to (FVG) with a target at $84,000. This analysis is based on high time frames. On lower time frames, there might be a move up to $92,000 to complete a pullback for reduced risk.
Trade Plan:
- Entry Point: $92,000
- Take Profit: $84,000
- Stop Loss: $94,500"
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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.