BTCUSD | SELL SETUP
Entry Zone: 63,700 – 63,900
🎯 Profit Targets:
TP1: 62,800
TP2: 62,500
TP3: 61,700
🛑 Risk Control:
A sustained close above 64,300 would weaken the bearish setup.
Market View:
Price is reacting below a descending trendline while trading under a key resistance zone. The recent rebound appears corrective rather than a confirmed trend reversal. As long as price remains below the resistance area, the downside path toward the highlighted support zones remains valid. A clean rejection from resistance would increase the probability of continuation toward the target levels, while a breakout above resistance would invalidate this bearish outlook.
Entry Zone: 63,700 – 63,900
🎯 Profit Targets:
TP1: 62,800
TP2: 62,500
TP3: 61,700
🛑 Risk Control:
A sustained close above 64,300 would weaken the bearish setup.
Market View:
Price is reacting below a descending trendline while trading under a key resistance zone. The recent rebound appears corrective rather than a confirmed trend reversal. As long as price remains below the resistance area, the downside path toward the highlighted support zones remains valid. A clean rejection from resistance would increase the probability of continuation toward the target levels, while a breakout above resistance would invalidate this bearish outlook.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
Gold Signal's with proper TP & SL for high profit opportunities.
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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.
📲 Join telegram channel free .
t.me/addlist/7jtN1zcz9W05MDVk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
Gold Signal's with proper TP & SL for high profit opportunities.
t.me/addlist/7jtN1zcz9W05MDVk
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
Gold Signal's with proper TP & SL for high profit opportunities.
Related publications
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.