Currently, I am closely monitoring #BTC as it approaches the $95,000–$96,000 range. This area presents a strong opportunity for potential short trades for several reasons:
Both the EMA and SMA have signaled a possible reversal.
Trendline resistance is right around $95,000, which increases the probability of a pullback.
In this area, I plan to enter a short position at the $96,850 level, with a stop loss set between 0.8% and 1.2%.
If BTC breaks strongly above this area, it’s very likely that we’ll be pushed above $100,000.
As always, we replace emotion with precision and follow the plan strictl
Both the EMA and SMA have signaled a possible reversal.
Trendline resistance is right around $95,000, which increases the probability of a pullback.
In this area, I plan to enter a short position at the $96,850 level, with a stop loss set between 0.8% and 1.2%.
If BTC breaks strongly above this area, it’s very likely that we’ll be pushed above $100,000.
As always, we replace emotion with precision and follow the plan strictl
BTC-2.6%
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