Technical Outlook:
This Bitcoin (BTC/USD) daily chart presents a well-defined rising wedge pattern, a formation often signaling a potential bearish breakdown.
Technical Outlook:
Entry Strategy: Short position upon confirmed breakdown.
Stop Loss: 77,000 USD (above key resistance).
Take Profit: 95,000 USD (first target).
Final Target: 103,000 USD (potential extended move).
A decisive break below the wedge’s lower trendline could trigger a strong downside move, aligning with the projected targets.
This setup offers a high-probability trade opportunity with well-defined risk management. What are your thoughts on this market structure?
Technical Outlook:
Entry Strategy: Short position upon confirmed breakdown.
Stop Loss: 77,000 USD (above key resistance).
Take Profit: 95,000 USD (first target).
Final Target: 103,000 USD (potential extended move).
A decisive break below the wedge’s lower trendline could trigger a strong downside move, aligning with the projected targets.
This setup offers a high-probability trade opportunity with well-defined risk management. What are your thoughts on this market structure?
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.