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RISOLOGICAL
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Bearish
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#BTC
at support.
If BTC closes above $67,500 in the next two hours from this post, the price should continue upwards.
The current short term sentiment is more towards the BEARISH side.
Good luck!
Risological.com
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$BTC
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#bitcoin☀️ Bears Strike! Key Short Entry with Multiple Targets Set! Technical Analysis: In the 15-minute timeframe, Bitcoin (#BTCUSDT. ) has offered a short trade entry at $67,607.9, following a breakdown below the Risological dotted trendline. This signals a potential downside, with multiple targets charted below for this trade. Key Levels: Entry: $67,607.9 Stop Loss (SL): $68,227.5 Trailing Stop: $67,676 Target 1 (TP1): $66,842 (First target) Target 2 (TP2): $65,602.6 Target 3 (TP3): $64,363.3 Target 4 (TP4): $63,597.4 Observations: The price broke below the #Risological dotted trendline, indicating bearish momentum.Trailing stop at $67,676 is in place to secure profits as the price moves lower. #BTC☀ is poised for further downside, with multiple targets set. The strong rejection below the Risological dotted trendline supports the short bias, and traders should watch for price action around the targets for potential exits or extensions of the trade. Indicator used for charting: Risological Swing Trader $BTC #BTC67KRebound
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#BTC Update. After getting a clear long trade entry, #Bitcoin is now consolidating around TP2 level. It has hit our TP3 level. $BTC Indicator used: Risological Swing Trader. #BinanceTurns7 #WeAreAllSatoshi #BTC☀️
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Bitcoin ($BTC ) Short Trade Setup: Key Levels and Targets This chart shows a short trade setup for Bitcoin (BTC/USDT) with clearly marked Entry, Stop Loss (SL), and multiple Take Profit (TP) levels by using the Risological swing trading indicator. Here’s an analysis of the current situation: Entry: The short trade entry was triggered at 64354.7 USDT. Stop Loss (SL): The stop loss is placed at 65437.3 USDT, which is slightly above the resistance level to limit potential losses if the price reverses upward. Take Profit (TP) Levels: TP1: The first target is 63016.5 USDT. TP2: The second target is 60851.1 USDT, and the price has already hit this level. TP3: The third target is set at 58685.8 USDT. TP4: The final target is 57347.6 USDT. Current Price Action: After entry, Bitcoin has experienced a downward move as expected, already hitting TP2. The market is showing some consolidation, which may indicate a temporary pause before continuing its downward momentum. Trade Management: If the price breaks below TP2 again, the short trade could potentially hit TP3 and TP4, providing an opportunity for more significant gains. If there’s a reversal, traders should be cautious and manage the trade accordingly, potentially moving the stop loss to breakeven to lock in profits. This short setup appears to be progressing well, and if the bearish momentum continues, it may hit the lower take profit levels soon.$ #BinanceLaunchpoolHMSTR BTCUptober BTCPredictedNewATH #moonbix #IranianMissilesPlummetsBTC #btcshort
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#bitcoin☀️ 4H time frame chart (Long trade targets). BTC almost touched the 2nd LONG target at 64,344 after getting our entry at $60k level The indicator used is : Risological Swing Trader (You can search on Google.) $BTC #cryptotipshop #tradingbtc #Indicators #Risological
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#BTC☀ Update! If Bitcoin crosses down the $61,500 level and closes below that, then I am closing my long position here. It is critical that BTC holds this level. $BTC #DOGSONBINANCE #CryptoMarketMoves Indicator used for BTC trading: Risological Swing Trader
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