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What did you do here ? Buy or sell ? let's find out :- Full Analysis of the Trade (BTC/USD - 4H Chart) 1. Market Structure & Trend Analysis The chart initially shows a strong uptrend, where BTC followed an ascending channel. However, BTC broke below the trendline, signaling a trend reversal. A new downward trendline was formed, acting as resistance. 2. Key Levels & Fibonacci Retracement Support Levels: 12798 USDT (23.6% Fibonacci retracement) 10688 USDT (0% Fibonacci retracement, possible lower target) Resistance Levels: 14103 USDT (38.2% Fibonacci) – Key rejection point (Sell signal) 15158 USDT (50% Fibonacci) – If price breaks above, reversal possible 16213 USDT (61.8% Fibonacci) – Strong resistance 3. Price Action & Entry Point BTC attempted to retest the broken trendline, but it failed at 14103 USDT. The red circle marks a rejection at the trendline + Fibonacci resistance, which is a strong sell signal. Entry Point: Sell at ~14,000-14,100 USDT (after confirmation of rejection). 4. Indicators Confirmation ✅ RSI (Relative Strength Index): Below 50 → Indicates bearish momentum. ✅ MACD (Moving Average Convergence Divergence): Negative → Confirms downtrend. 5. Stop Loss & Take Profit Strategy 📍 Stop Loss: Above the trendline at 14,500-14,600 USDT, in case of a fake breakout. 📍 Take Profit Targets: TP1: 13,000 USDT (Next local support). TP2: 12,800 USDT (23.6% Fibonacci). TP3: 10,700-10,800 USDT (0% Fibonacci, major support). Final Conclusion: Sell Trade Reason: Bearish rejection at the trendline and 38.2% Fibonacci level. Confirmation: RSI below 50, MACD bearish, and price failing to break resistance. Execution: Sell at 14,000-14,100 USDT, Stop Loss at 14,600 USDT, and Take Profit between 12,800-10,800 USDT. #USJobsSlump #BBWDocuSeries #TrumpCongressSpeech #WhiteHouseCryptoSummit #MarketRebound $BTC $BNB $ETH