Hey traders,
Sharing my current setup for BTC/USDT on the 1-hour timeframe based on price action and key multi-timeframe levels, as shown in image_42026a.png.
Technical Overview
Key Resistance: The price has faced a clear rejection from the confluence zone of the 1w c.e (Weekly Consequent Encroachment) and 1d c.e (Daily Consequent Encroachment) levels, which sits right around the $60,000–$60,400 area.
Current Price Action: Following the rejection at this heavy resistance, Bitcoin is breaking down locally, confirming bearish momentum in the short term.
Trade Setup
I am expecting a continued downward movement following the blue path drawn on the chart towards the target box.
Manage your risk accordingly. Safe trading!
Sharing my current setup for BTC/USDT on the 1-hour timeframe based on price action and key multi-timeframe levels, as shown in image_42026a.png.
Technical Overview
Key Resistance: The price has faced a clear rejection from the confluence zone of the 1w c.e (Weekly Consequent Encroachment) and 1d c.e (Daily Consequent Encroachment) levels, which sits right around the $60,000–$60,400 area.
Current Price Action: Following the rejection at this heavy resistance, Bitcoin is breaking down locally, confirming bearish momentum in the short term.
Trade Setup
- Entry: Current Market Price (~$59,457)
- Stop Loss (SL): $60,813.76 (Set just above the local consolidation high and the 1d c.e zone)
- Take Profit (TP): $58,184.45 (Targeting the lower liquidity pool and support level)
I am expecting a continued downward movement following the blue path drawn on the chart towards the target box.
Manage your risk accordingly. Safe trading!
매매 수동청산
BTC/USDT 1H: Position Closed – Market Reversal Signal
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.