BTC is approaching the 99,000 resistance zone,

24 thg 12, 2024

BTCUSD BTC is approaching the 99,000 resistance zone, where selling pressure could emerge. If this level holds, the downside target remains at 86,000, which aligns with a significant support level. Keep an eye on price action and momentum indicators for confirmation before entering a position.


Entry Position:
- **Sell Entry:** Around 98,900–99,100 (to account for potential resistance zone fluctuations).

Stop Loss:
- **Stop Loss:** 99,600 (above the resistance zone to manage risk).

Target:
- **Take Profit:** 86,000 (key support zone).

Risk-Reward Ratio:
- Ensure the risk-to-reward ratio is at least 1:2 to maintain a favorable trading setup. Adjust your position size accordingly.

Keep monitoring for bearish confirmation signals (e.g., rejection wicks, bearish divergence, or a breakdown of intraday support).

28 thg 12, 2024

Giao dịch đang hoạt động

"BTC is running toward my target. After rejecting the 99,000 resistance zone, the price is now moving closer to my target of 86,000. The trade setup is progressing as expected!"