Your Bitcoin trade setup with an entry at 83500, target at 82500, and stop-loss at 84100 seems to be a short-selling strategy, betting on a potential price drop.
Current market conditions:
- Bitcoin is trading around 84460.14 USD, with a 0.32% increase in the last 24 hours.
Key levels to watch:
- Resistance: 85000, 86000
- Support: 83500 (your entry), 83000, and 82500 (your target)
Some analysts predict a potential rise in Bitcoin's price, driven by factors like increasing adoption and institutional investment. However, others suggest that the cryptocurrency market is highly volatile and subject to significant price swings.
To maximize your chances of success, keep a close eye on these key levels and adjust your strategy according to market fluctuations.
What's your next move?
Current market conditions:
- Bitcoin is trading around 84460.14 USD, with a 0.32% increase in the last 24 hours.
Key levels to watch:
- Resistance: 85000, 86000
- Support: 83500 (your entry), 83000, and 82500 (your target)
Some analysts predict a potential rise in Bitcoin's price, driven by factors like increasing adoption and institutional investment. However, others suggest that the cryptocurrency market is highly volatile and subject to significant price swings.
To maximize your chances of success, keep a close eye on these key levels and adjust your strategy according to market fluctuations.
What's your next move?
Trade active
Trade closed manually
my target 100 is hit boom boom
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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.
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.