Trend Indicator (Trailing Stop Bands):
A green and red shaded band is plotted along the price, acting as a trend-following support/resistance zone.
Green zones indicate bullish momentum, while red zones suggest bearish pressure.
LLS (Lower Low Signal) Labels:
Several blue markers labeled "LLS" are shown, standing for Lower Low Signals, marking points where the price made lower lows relative to recent price action.
These typically signal bearish shifts or trend continuation to the downside.
Trade Setup:
The current market price is around $95,424, showing a slight drop of 0.51%.
A short trade appears to be in play:
Entry: ~$95,897 (gray line)
Stop Loss: $98,976 (red zone above)
Take Profit: $87,353 (green target zone)
This creates a risk-reward setup, where the downside target is much lower than the stop level, indicating a bearish bias.
Support and Resistance Zones:
Nearby support lies at ~$94,367.
The stop loss is placed just above the local highs, suggesting the trader is expecting price to break down from the current consolidation.
Summary:
This is a bearish chart setup, expecting Bitcoin to decline further from its current price, supported by lower low signals and a breakdown from the green trend-support band. The trader is aiming for a drop to ~$87,353 while managing risk with a stop near $98,976.
A green and red shaded band is plotted along the price, acting as a trend-following support/resistance zone.
Green zones indicate bullish momentum, while red zones suggest bearish pressure.
LLS (Lower Low Signal) Labels:
Several blue markers labeled "LLS" are shown, standing for Lower Low Signals, marking points where the price made lower lows relative to recent price action.
These typically signal bearish shifts or trend continuation to the downside.
Trade Setup:
The current market price is around $95,424, showing a slight drop of 0.51%.
A short trade appears to be in play:
Entry: ~$95,897 (gray line)
Stop Loss: $98,976 (red zone above)
Take Profit: $87,353 (green target zone)
This creates a risk-reward setup, where the downside target is much lower than the stop level, indicating a bearish bias.
Support and Resistance Zones:
Nearby support lies at ~$94,367.
The stop loss is placed just above the local highs, suggesting the trader is expecting price to break down from the current consolidation.
Summary:
This is a bearish chart setup, expecting Bitcoin to decline further from its current price, supported by lower low signals and a breakdown from the green trend-support band. The trader is aiming for a drop to ~$87,353 while managing risk with a stop near $98,976.
Trade active
Hahah very thankful to god our analysis is going good $96000 to $94000 1000 pips only in one day target is complete 
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.