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BTCUSD 15MINUTES. SHORT TRADE SETUP, CHECK CAPTAIN..This is a Bitcoin (BTC/USD) 15-minute chart from TradingView, showing a trade setup. Here’s what it means: 1. Resistance Level (Black Line at $84,355-$84,457): Price tested this zone but failed to break above it. 2. Short Trade Setup: The red arrow indicates a sell entry at the resistance level. The red box above represents the stop-loss area ($85,223), meaning if the price moves above this, the trade would be invalidated. The green box below is the take-profit area, with a target around $81,956. 3. Price Rejection: BTC/USD attempted to break resistance but was rejected, suggesting a potential move lower. 4. Liquidity Zone (Blue Box): A previous demand zone where buyers stepped in, indicating a possible support level. Overall, this chart suggests a bearish trade setup, where the trader expects Bitcoin to decline from the resistance zone.
BITSTAMP:BTCUSDShort
by Davidhills_110
YGGUSDT: Blooming from Support, Riding the Bullish Wave! 🚀🌺Introduction: 🌐 Get ready for a vibrant ride in the crypto garden with YGGUSDT! Traders are diving into a long position from $0.386, as the asset bounces off a support zone. Let's explore the blossoming details of this bullish trade. Trade Details: 💰 The long position (#YGGUSDT) blooms from $0.386, with a stop-loss set at $0.344. The rationale behind this move lies in the asset's rebound from a support zone, with expectations of a buyer's reaction. Technical Analysis: 📊 On the 1-hour timeframe, YGGUSDT has gracefully bounced from a support zone, creating a scenario where the trader eagerly awaits a buyer's reaction. With increasing volumes in the order book, the anticipation is high for a breakout and subsequent movement towards a test or crossover, leading to a journey into the liquidity zone. Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $0.386. With the potential for one averaging down at the trader's discretion, it's a bullish cross into promising territory. Trade Target: 🚀 The trader anticipates a breakout and subsequent movement towards testing or crossing over, riding the bullish wave with the aim of reaching liquidity zones. Conclusion: 🌺 YGGUSDT offers a blossoming opportunity to ride the bullish wave. Traders, gear up for a colorful journey into potential profits as you navigate the vibrant crypto garden! 🚀🌈
by RICHI_CRYPTO_SIGNAL