Hello traders!
After a strong uptrend, BTCUSD has now broken below the ascending trendline and is retesting from the underside — a classic bearish continuation signal. This could mark a key shift in market structure.
🔍 Key Observations:
Initial consolidation acted as a launchpad for the prior move.
Clean uptrend with higher highs and higher lows.
Recent trendline break suggests weakening bullish momentum.
Price is currently retesting the trendline from below — often a signal of incoming downside if confirmed.
📉 Bearish Scenario:
If this retest holds, BTCUSD may drop toward $105,000, with the next major support around $102,400. A break below that zone could accelerate the downtrend.
Targets / Support levels
Short-term: $105,000
Major support: $102,400
⚠ Risk Management:
Stick to your trading plan — use stop-losses and size positions carefully. No setup is guaranteed. Follow price action, not the hype.
📊 What’s your bias? Bullish or Bearish?
👍 Like & 🔔 Follow for more technical setups!
#CryptoAnalysis #BTCUSD #TrendlineBreak #TechnicalAnalysis #BearishSetup #TradingView #SupportAndResistance #PriceAction
After a strong uptrend, BTCUSD has now broken below the ascending trendline and is retesting from the underside — a classic bearish continuation signal. This could mark a key shift in market structure.
🔍 Key Observations:
Initial consolidation acted as a launchpad for the prior move.
Clean uptrend with higher highs and higher lows.
Recent trendline break suggests weakening bullish momentum.
Price is currently retesting the trendline from below — often a signal of incoming downside if confirmed.
📉 Bearish Scenario:
If this retest holds, BTCUSD may drop toward $105,000, with the next major support around $102,400. A break below that zone could accelerate the downtrend.
Targets / Support levels
Short-term: $105,000
Major support: $102,400
⚠ Risk Management:
Stick to your trading plan — use stop-losses and size positions carefully. No setup is guaranteed. Follow price action, not the hype.
📊 What’s your bias? Bullish or Bearish?
👍 Like & 🔔 Follow for more technical setups!
#CryptoAnalysis #BTCUSD #TrendlineBreak #TechnicalAnalysis #BearishSetup #TradingView #SupportAndResistance #PriceAction
Trade closed: target reached
BTCUSD Breakdown _ target Hit!Short from 108,740 to 103,100 — Full Target Reached ✅
Textbook price action played out:
📉 Trendline break confirmed
Retest rejected at former support
Clean drop to demand zone
When structure aligns with patience, results follow.
📉 Congrats to everyone who caught this setup — precision pays.
Stay tuned for the next wave!
Note
560+ pips profit done..
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.