💙 BTC/USDT Rejection Confirmed! SELL!
👨💻 Dear traders,
After careful analysis of the recent price action on BTC/USDT (1H timeframe), here is the conclusion:
Price has entered a strong supply zone between $120,000 – $121,000, where clear signs of rejection have appeared.
Bias – Bearish
🎯 Target – $118,000
🎯 Target – $117,000
🎯 Final Target – $115,000
🛑 Safe Stop Loss – $121,200
📊 Reasoning:
– Price touched key resistance and is showing double rejection wicks
– Bearish momentum building below the red zone
– Two yellow arrows highlight expected move range (target box)
– Clear risk-to-reward with defined SL above zone
– Volume confirming slowing bullish pressure
🌟 Stay patient, follow risk management & trade safe!
🍀 WISHING YOU GREEN PIPS! 💰
👨💻 Dear traders,
After careful analysis of the recent price action on BTC/USDT (1H timeframe), here is the conclusion:
Price has entered a strong supply zone between $120,000 – $121,000, where clear signs of rejection have appeared.
Bias – Bearish
🎯 Target – $118,000
🎯 Target – $117,000
🎯 Final Target – $115,000
🛑 Safe Stop Loss – $121,200
📊 Reasoning:
– Price touched key resistance and is showing double rejection wicks
– Bearish momentum building below the red zone
– Two yellow arrows highlight expected move range (target box)
– Clear risk-to-reward with defined SL above zone
– Volume confirming slowing bullish pressure
🌟 Stay patient, follow risk management & trade safe!
🍀 WISHING YOU GREEN PIPS! 💰
Trade closed: target reached
Reached the TARGET Sucessfully
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JOIN MY TELEGRAM SIGNAL ROOM 👇👇
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
t.me/+34ueMgSmKoM5ODc8
For Gold: 👇👇
t.me/+34ueMgSmKoM5ODc8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.