Setup: There is a Trading Signal to Sell in FLOKIUSDT FLOKI | H3Crypto on Binance Square

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Setup:There is a Trading Signal to Sell in FLOKIUSDT FLOKI
Traders can open their Sell Trades NOW
⬇️ Sell now or Sell on 0.000161
⭕️SL @ 0.000173
🔵TP1 @ 0.000126
🔵TP2 @ 0.000108
🔵TP3 @ 0.000084

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FLOKI

0.00013057

-3.11%

1.6k

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I expect BTC to drop to 52600

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#BTC may fall according to the double top structure📉 🧠From a structural point of view, we are still consolidating near the resistance zone. There is currently a one-hour short structure. If it continues to fall according to this structure, its ideal target zone overlaps with the support zone below. Therefore, if you want to If you want to go long, you can focus on this area.🔥 Let’s see 👀

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#BTC reaches the resistance zone, be wary of falling⚠️ 🧠From a structural point of view, the goals of the bottom long structure have been achieved and are currently consolidating in the resistance zone. The rise without structural support cannot be sustained for too long unless a new long structure is rebuilt in the resistance zone. We must be alert to the occurrence of callbacks at any time. ➡️From the perspective of the adjustment cycle, we need to build a short structure of the same cycle in the resistance area to reverse this upward trend. In addition, due to the weekend, there is not much trading volume, so we need to maintain more patience. ☕️ Let’s see 👀

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Bitcoin has been falling off hard over the last couple of days. While we're currently trading almost 10% above the 53.4k lows, the downtrend has been established and BTC bulls are losing the fight in the short-term. In my view, BTC has confirmed a longer-term downtrend by making a lower-low (56.7k was the previous low, blue line) and by falling through the 200-day SMA. Yes, I can see us bounce a bit further because of indicators being very oversold, but I'm not expecting a new all-time high anytime soon. My current most likely scenario is a move towards the dotted purple support over the next 2-3 months and a bullish reversal in Q4. How do you seen BTC perform? Share your thoughts.

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#BTC is expected to form a large cup and handle structure📉 🧠From a structural point of view, the daily level has formed a double-top bearish structure. The ideal target area of this structure is 28684-39328. If the future develops as expected, then after reaching the ideal target area, I will put most of the Assets invested in BTC spot trading ➡️If it continues to rebound and hit a new all-time high, then the largest cup-and-handle structure in the history of BTC will be established. The ideal target area for this structure can be seen at 130k-170k ⚠️Of course, the structure and goals of the big cycle require more time and patience to wait☕️ Let's see👀 BTCUSDT

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