🎯 Take Profit Targets: 📌 TP1: $92,393 (First Support Level) 📌 TP2: $90,456 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): $96,188 - $94,664 = $1,524 risk per BTC 📉 Reward to TP1: $94,664 - $92,393 = $2,271 (1:1.5 R/R) 📉 Reward to TP2: $94,664 - $90,456 = $4,208 (1:2.8 R/R)
🔍 Technical Analysis & Strategy 📌 Rising Wedge Breakdown: Price has formed a rising wedge, a bearish pattern indicating a possible correction. 📌 Breakdown Confirmation Needed: A move below $94,664 with strong selling pressure confirms short entry. 📌 Momentum Shift Expected: If price breaks below $94,664, it could move toward $92,393, and further to $90,456. 📌 Volume Confirmation Needed: Ensure high selling volume when price breaks $94,664 for a stronger bearish move.
📊 Key Support & Resistance Levels 🔴 $96,188 – Stop-Loss / Resistance Level 🟡 $94,664 – Breakdown Level / Short Entry 🟢 $92,393 – First Support / TP1 🟢 $90,456 – Final Target / TP2
📉 Trade Execution & Risk Management 📊 Volume Confirmation: Ensure high selling volume below $94,664 before entering. 📉 Trailing Stop Strategy: Move SL to entry ($94,664) after TP1 ($92,393) is hit.
💰 Partial Profit Booking Strategy: ✔ Take 50% profits at $92,393, let the rest run toward $90,456. ✔ Adjust Stop-Loss to Break-even ($94,664) after TP1 is reached.
⚠️ Fake Breakdown Risk ❌ If the price fails to hold below $94,664 and bounces back, exit early to avoid losses. ❌ Wait for a strong bearish candle close below $94,664 before entering aggressively.
🚀 Final Thoughts ✔ Bearish Setup – Breaking below $94,664 could lead to lower targets. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.5 to TP1, 1:2.8 to TP2. 💡 Stick to the plan, manage risk, and trade smart! 🚀📉
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.