Bitcoin is currently trading between a strong resistance zone and a lower support zone. The area between approximately $64,570 and $65,000 could offer an interesting opportunity for a potential short position.
Should BTC move into this zone and show a clear rejection, such as a long upper wick, a bearish candle, or a failed breakout, a short setup could develop.
🔴 Bearish Scenario
Potential entry: around $64,570
Stop-loss: around $64,980–$65,000
Take-profit: around $62,940
Risk-to-reward ratio: approximately 1:4
It would be important not to enter a short position blindly inside the resistance zone. I would first wait for clear bearish confirmation.
🟢 Alternative Long Scenario
Should Bitcoin continue to move lower, there is a larger support zone between approximately $61,800 and $62,600.
In this area, traders could look for a potential long entry if the support is defended and a bullish reaction appears. One possible confirmation could be a liquidity sweep below the support, followed by a quick reclaim of the zone.
A clear breakout and candle close above $65,000 would invalidate the short idea for the time being.
This is not financial advice. Always wait for confirmation and manage your risk carefully.
Should BTC move into this zone and show a clear rejection, such as a long upper wick, a bearish candle, or a failed breakout, a short setup could develop.
🔴 Bearish Scenario
Potential entry: around $64,570
Stop-loss: around $64,980–$65,000
Take-profit: around $62,940
Risk-to-reward ratio: approximately 1:4
It would be important not to enter a short position blindly inside the resistance zone. I would first wait for clear bearish confirmation.
🟢 Alternative Long Scenario
Should Bitcoin continue to move lower, there is a larger support zone between approximately $61,800 and $62,600.
In this area, traders could look for a potential long entry if the support is defended and a bullish reaction appears. One possible confirmation could be a liquidity sweep below the support, followed by a quick reclaim of the zone.
A clear breakout and candle close above $65,000 would invalidate the short idea for the time being.
This is not financial advice. Always wait for confirmation and manage your risk carefully.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.