📉 🚨
🔹 Asset: BTC/USD (Bitstamp)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakdown / Rising Trendline Rejection
📊 Trade Plan (Short Position)
✅ Entry Zone: Below $88,059 (Confirmed rejection)
✅ Stop-Loss (SL): Above $88,647 (Upper triangle resistance)
✅ Target:
📌 TP1: $87,502
📌 TP2: $86,523
🔍 Technical Highlights
Bearish trendline rejection marked by yellow circle
Symmetrical triangle breakdown showing weakness
Lower highs forming — sign of sellers taking control
Risk management in place with clear SL and TP
🧠 Trade Logic (Short & Sweet)
Price broke structure and retested the underside
Entry taken at resistance + confirmation candle
Lower TP zones reflect prior support and volume nodes
📌 Hashtags (Short Caption Style):
#BTC #CryptoTrading #ShortSetup #ProfittoPath #BitcoinAnalysis
🔹 Asset: BTC/USD (Bitstamp)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakdown / Rising Trendline Rejection
📊 Trade Plan (Short Position)
✅ Entry Zone: Below $88,059 (Confirmed rejection)
✅ Stop-Loss (SL): Above $88,647 (Upper triangle resistance)
✅ Target:
📌 TP1: $87,502
📌 TP2: $86,523
🔍 Technical Highlights
Bearish trendline rejection marked by yellow circle
Symmetrical triangle breakdown showing weakness
Lower highs forming — sign of sellers taking control
Risk management in place with clear SL and TP
🧠 Trade Logic (Short & Sweet)
Price broke structure and retested the underside
Entry taken at resistance + confirmation candle
Lower TP zones reflect prior support and volume nodes
📌 Hashtags (Short Caption Style):
#BTC #CryptoTrading #ShortSetup #ProfittoPath #BitcoinAnalysis
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.
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.