Price has pushed through a potential weekly Pivot supply zone (red box) where sellers may step in. This trade is based on the expectation of a rejection from this area.
Entry: Red box — a short entry zone aligned with overhead supply
Stop Loss: Above the red zone (invalidates the setup)
Target: Green box — area to consider partial/full exit based on momentum
BTCUSDT has shown a strong bounce and has now approached a key pivotal resistance zone
Risk-reward is favorable with a tight invalidation and clean downside target
Price may stall or reverse near the red box, creating short opportunity
Note:
This is an weekly setup and idea that expires at Weekly Candle Close. Re-evaluate the setup if price remains indecisive near the entry zone close to that time.
Entry: Red box — a short entry zone aligned with overhead supply
Stop Loss: Above the red zone (invalidates the setup)
Target: Green box — area to consider partial/full exit based on momentum
BTCUSDT has shown a strong bounce and has now approached a key pivotal resistance zone
Risk-reward is favorable with a tight invalidation and clean downside target
Price may stall or reverse near the red box, creating short opportunity
Note:
This is an weekly setup and idea that expires at Weekly Candle Close. Re-evaluate the setup if price remains indecisive near the entry zone close to that time.
Trade fechado: objetivo atingido
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.
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.