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📉🔴 SHORT on Bitcoin
Attention traders! The momentum has reversed and Bitcoin is showing clear weakness 🔥
Current price ~$70,908 – RSI falling, price below MA7/25/99, above VWAP but with confirmed BEARISH trend. Bearish strength at 34.8% and possible liquidations of longs in progress.
🟥 ENTRY (SHORT): ~$70,908 (or on rebound to zone $71,000–$71,071)
🎯 Take Profit 1: $70,664 (+0.34% approx)
🎯 Take Profit 2: $70,581 (+0.46% approx)
🛑 Stop Loss: $71,071 (above immediate resistance – protect your capital!)
R/R: 1.5x – Good ratio for scalping or short swing.
Previous signals in the same zone also pointed short with greater strength (up to 49.6%). Is a dump coming towards $70k or lower? The market is nervous…
Are you short or waiting for confirmation of more drop? Comment below 👇 and tag that friend who always buys at the tops 😂
#Bitcoin #BTC #Short #Trading #Cryptocurrencies #TradingSignal #Bearish #CryptoMexico
DISCLAIMER:
This is NOT financial advice
Attention traders! The momentum has reversed and Bitcoin is showing clear weakness 🔥
Current price ~$70,908 – RSI falling, price below MA7/25/99, above VWAP but with confirmed BEARISH trend. Bearish strength at 34.8% and possible liquidations of longs in progress.
🟥 ENTRY (SHORT): ~$70,908 (or on rebound to zone $71,000–$71,071)
🎯 Take Profit 1: $70,664 (+0.34% approx)
🎯 Take Profit 2: $70,581 (+0.46% approx)
🛑 Stop Loss: $71,071 (above immediate resistance – protect your capital!)
R/R: 1.5x – Good ratio for scalping or short swing.
Previous signals in the same zone also pointed short with greater strength (up to 49.6%). Is a dump coming towards $70k or lower? The market is nervous…
Are you short or waiting for confirmation of more drop? Comment below 👇 and tag that friend who always buys at the tops 😂
#Bitcoin #BTC #Short #Trading #Cryptocurrencies #TradingSignal #Bearish #CryptoMexico
DISCLAIMER:
This is NOT financial advice