Bitcoin (BTCUSD) is showing signs of weakness, indicating a potential selling setup. The price is struggling to hold above key resistance levels, suggesting that sellers may take control soon.
If bearish momentum increases, we could see a move downward toward key support zones. Confirmation signals such as bearish candlestick patterns, trendline rejection, or a break of structure will strengthen the sell setup.
Traders should wait for clear entry confirmations and apply proper risk management. Stay alert for the next potential downside move! 📉🔥
Technical Analysis by Ali Khan
If bearish momentum increases, we could see a move downward toward key support zones. Confirmation signals such as bearish candlestick patterns, trendline rejection, or a break of structure will strengthen the sell setup.
Traders should wait for clear entry confirmations and apply proper risk management. Stay alert for the next potential downside move! 📉🔥
Technical Analysis by Ali Khan
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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.