🚨 Technical Analysis $BTC /USDT 🚨
⚫ Current Price: $67,974.00
⚫Resistance Level: $69,399.99
⚫Support Level: $66,654.00
🟢 Long Trade Strategy:
Entry Point: Above $69,399.99 with a confirmed breakout
⚠️Targets:
$69,537.49
$70,000.00
$71,000.00
☢️ Stop Loss: $68,715.29
🔴 Short Trade Strategy:
Entry Point: Below $66,650.00 with a confirmed breakdown
⚠️Targets:
$66,512.50
$66,000.00
$65,000.00
☢️ Stop Loss: $69,399.99
This analysis suggests entering a long position on a confirmed breakout above the resistance level, aiming for the specified targets, while maintaining a stop loss just below the breakout point to manage risk. Conversely, entering a short position on a confirmed breakdown below the support level, aiming for the specified downside targets, while using the resistance level as the stop loss, helps mitigate potential losses