1. Confirmation of a reversal movement: A break below $96,000 indicates that the B-wave is likely complete. -- Entering just below (at $95,800) gives you confidence that the movement is not just a fake-out. -- 2. Minimizing risk: The price could bounce off the $96,000 mark in the short term before entering the downward trend. Entering just below it avoids this uncertainty. -- 3. Linking with Fibonacci levels: An entry at $95,800 harmonizes better with the potential targets of the C wave (e.g. $92,000 and lower).
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Lakṣmī
· 01-02 18:59
Thanks for the forecast and analysis.
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Shahadat1531
· 01-02 18:58
To Da Moon 🌕To Da Moon 🌕To Da Moon 🌕To Da Moon 🌕withTo Da Moon 🌕To Da Moon 🌕
🪙💡Bitcoin is entering consolidation. It signals a confirmation that the downward movement of the C wave is starting.
🚨This is how I make my short trade:
Triggerprice: 95800
Limit Sell Order: 95700
StopLoss: 97000
TP1: 93800
TP2: 92000
TP3: 89000
---
Justification:
1. Confirmation of a reversal movement:
A break below $96,000 indicates that the B-wave is likely complete.
--
Entering just below (at $95,800) gives you confidence that the movement is not just a fake-out.
--
2. Minimizing risk:
The price could bounce off the $96,000 mark in the short term before entering the downward trend. Entering just below it avoids this uncertainty.
--
3. Linking with Fibonacci levels:
An entry at $95,800 harmonizes better with the potential targets of the C wave (e.g. $92,000 and lower).
This is not financial advice.
#BTC# #ETH# #ContentStar# #BOME# #SLERF#