sell
Bearish Bitcoin Short Setup with Multiple Targets
This analysis suggests a short position on Bitcoin (BTC/USDT) with leverage ranging from 5x to 10x. The entry point is at 121,748, with a stop loss at 122,841. The targeted profit zones are at 120,500, 118,000, and 115,000. The plan indicates a bearish outlook, expecting Bitcoin's price to decline from the current levels. Traders should consider the outlined targets and risk-management parameters before executing this trade.
Source available for registered users Sign Up Free
AI Analysis
The current trading strategy for Bitcoin indicates a short position with a leverage of 5 to 10 times. The entry point at 121,748 suggests the trader expects the price to decrease from this level. The ...
AI Recommendation
Given the outlined short trading setup with defined entry, stop loss, and multiple profit targets, this could be an appropriate move for traders with a bearish outlook on Bitcoin who are comfortable w...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
strong buy