sell
Bitcoin Short Position at Critical Entry Zone
The trader is currently holding a short position on BTC/USDT at a crucial entry zone between $108,700 and $109,100. The stop-loss is set at $110,026 to limit potential losses. Multiple take-profit targets have been established at decreasing levels: $108,100, $107,400, $106,600, $105,800, and $104,800. The leverage options available are 10×, 20×, and 30×, with a recommended capital use of 3% to 5% of the total trading capital.
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AI Analysis
The current trading strategy indicates a bearish sentiment on Bitcoin, with the position initiated within a specific entry zone around $108,700 to $109,100. The placement of the stop-loss at $110,026 ...
AI Recommendation
Considering the structured short position with clear entry, stop-loss, and profit-taking levels, it is advisable to monitor BTC/USDT closely for price action within the entry zone. If the price moves ...
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.