Bitcoin / TetherUS PERPETUAL CONTRACT
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BTC Sell/Short Setup (1H)

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Bitcoin appears to be forming a bearish triangle, which is considered a continuation pattern in this timeframe.

We have identified two potential entry zones for a sell/short position.

We are looking to enter within these two areas.

The invalidation level serves as our stop; if it’s hit, this setup will be invalidated.

Targets are marked on the chart.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trading ditutup secara manual
It didn’t reach the entry zone, but the descending triangle was correctly wave-counted, and the bearish outlook on Bitcoin was accurate.

Many traders had short positions from higher prices, and based on this analysis, they held their positions and increased their profits.

Stay tuned for upcoming signals and analyses
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