Trade Setup (Short / Sell BTCUSD)
Entry: 105,000
Resistance (Potential Invalidator): 109,000
Take Profit (TP):
1st Target: 96,000
2nd Target: 92,000
No stop loss specified — it's essential to define one for risk management. A common approach is placing SL just above resistance (e.g., 109,500 or 110,000).
Risk & Reward (Assuming Stop Loss = 110,000)
Risk (SL - Entry): 110,000 – 105,000 = 5,000 points
Reward:
TP1 (96,000): 9,000 points → Risk/Reward ≈ 1:1.8
TP2 (92,000): 13,000 points → Risk/Reward ≈ 1:2.6
Trade Notes
Resistance at 109,000 should be monitored closely; a breakout above could invalidate the setup.
Bearish confirmation (e.g., rejection candles or breakdown from trendlines) would add confidence to the short.
Consider scaling out at 96,000 and trailing your stop for a potential move to 92,000.
Market context matters — this type of short trade assumes BTC is overbought or facing macro resistance.
Entry: 105,000
Resistance (Potential Invalidator): 109,000
Take Profit (TP):
1st Target: 96,000
2nd Target: 92,000
No stop loss specified — it's essential to define one for risk management. A common approach is placing SL just above resistance (e.g., 109,500 or 110,000).
Risk & Reward (Assuming Stop Loss = 110,000)
Risk (SL - Entry): 110,000 – 105,000 = 5,000 points
Reward:
TP1 (96,000): 9,000 points → Risk/Reward ≈ 1:1.8
TP2 (92,000): 13,000 points → Risk/Reward ≈ 1:2.6
Trade Notes
Resistance at 109,000 should be monitored closely; a breakout above could invalidate the setup.
Bearish confirmation (e.g., rejection candles or breakdown from trendlines) would add confidence to the short.
Consider scaling out at 96,000 and trailing your stop for a potential move to 92,000.
Market context matters — this type of short trade assumes BTC is overbought or facing macro resistance.
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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.
Related publications
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.