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Mohammad_Ak2310

Bitcoin technical analysis _ 2023-10-18

Short
BITCOIN / TETHER Standard Futures (BINGX:BTCUSDT.PS)  
Mohammad_Ak2310  
BINGX:BTCUSDT.PS   BITCOIN / TETHER Standard Futures
Support and Resistance Trend Lines Multiple Time Frame Analysis BTCUSDT techincalanalysis supportandresistancezones multitimeframeanalysis shortposition longposition movingavarage
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supportandresistance trendline mtfa btcusdt techincalanalysis supportandresistancezones multitimeframeanalysis shortposition longposition movingavarage
Short position

After breaking the newly formed bottom box and the midline of the ascending channel, and also after breaking the important support at the price of 27,930

Entry 27860
The loss limit is 28,190
Risk Free 27525
(moving the stop to the entry point after breaking 27463)
Saving profit 27200
(Moving stop to risk to reward 1 if it reaches 27150)
Profit limit 26930
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