BTCUSDT Trade Strategy.
Here’s a simple trade strategy, considering the bearish trend and key support/resistance levels.
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✅ Short Trade (Bearish Scenario)
Entry Point:
Enter a short position if BTCUSDT breaks below $95,000 with high volume.
Take Profit (TP) Levels:
1. TP1: $93,000 (Short-term support)
2. TP2: $92,000 (Stronger support)
3. TP3: $90,000 (Key psychological level)
Stop Loss (SL):
Place a stop-loss around $97,000 to limit your risk.
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✅ Long Trade (Bullish Reversal Scenario)
Entry Point:
Enter a long position if BTC rebounds strongly from $95,000 or $92,000, and shows bullish signals like a green candle with high volume.
Take Profit (TP) Levels:
1. TP1: $97,000 (EMA10 resistance)
2. TP2: $100,000 (Strong resistance)
3. TP3: $102,000 (Recent high)
Stop Loss (SL):
Place a stop-loss around $92,000 to avoid bigger losses.
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📊 Risk Management Tips:
Risk-to-Reward Ratio: Aim for at least 1:2 or 1:3.
Use proper position sizing to avoid overexposure.
Watch for volume spikes and long/short ratio changes for confirmation.
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🚨 Key Levels to Watch:
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Final Tip:
The trend is currently bearish, so a short trade seems safer unless you see a clear reversal. Stay cautious with your entries and monitor the market closely.