BTC Trade Setup
Bitcoin is currently trading around $84,886 and is showing signs of potential downside pressure. I'm watching for a possible retest of the $77,000 level in the coming sessions.
Trade Setup Idea:
- Entry:Below $84,500 (confirmation of weakness)
- Target (TP): $77,000
- Stop Loss (SL):Above $85,600 for risk management
Key Levels to Watch:
- Immediate Resistance: $85,500
- Support Zone: $77,000
Manage your risk accordingly. This setup is based on current market conditions and could change with volatility.
Bitcoin is currently trading around $84,886 and is showing signs of potential downside pressure. I'm watching for a possible retest of the $77,000 level in the coming sessions.
Trade Setup Idea:
- Entry:Below $84,500 (confirmation of weakness)
- Target (TP): $77,000
- Stop Loss (SL):Above $85,600 for risk management
Key Levels to Watch:
- Immediate Resistance: $85,500
- Support Zone: $77,000
Manage your risk accordingly. This setup is based on current market conditions and could change with volatility.
Trade active
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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.