📉 BTC/USDT SHORT TRADE SETUP – WEEKLY TIMEFRAME
🔍 Trade Idea Overview:
We are seeing a bearish divergence between price and volume on the weekly chart — while price makes higher highs, volume is decreasing, signaling a potential reversal or weakening trend.
Further confluence is seen with the VMC Cipher indicator. If a red dot prints, it will confirm the short entry. If not, the trade idea should be abandoned.
📊 Trade Plan:
Entry Zone: Around $106,300–$107,000 (wait for confirmation)
TP 1 🎯: $102,000
TP 2 🎯: $97,500
TP 3 🎯: $93,000
🛑 Risk Management:
Stop-Loss: Above recent highs at $111,800 (or adjusted based on your entry)
⚠️ Disclaimer:
Once TP 1 is reached, move stop-loss to breakeven to protect capital and eliminate risk.
TP 3 may never be reached, but it remains part of the plan to capture extended downside if momentum continues.
If no red dot prints, there is no confirmation — be ready to abandon the trade.
🔍 Trade Idea Overview:
We are seeing a bearish divergence between price and volume on the weekly chart — while price makes higher highs, volume is decreasing, signaling a potential reversal or weakening trend.
Further confluence is seen with the VMC Cipher indicator. If a red dot prints, it will confirm the short entry. If not, the trade idea should be abandoned.
📊 Trade Plan:
Entry Zone: Around $106,300–$107,000 (wait for confirmation)
TP 1 🎯: $102,000
TP 2 🎯: $97,500
TP 3 🎯: $93,000
🛑 Risk Management:
Stop-Loss: Above recent highs at $111,800 (or adjusted based on your entry)
⚠️ Disclaimer:
Once TP 1 is reached, move stop-loss to breakeven to protect capital and eliminate risk.
TP 3 may never be reached, but it remains part of the plan to capture extended downside if momentum continues.
If no red dot prints, there is no confirmation — be ready to abandon the trade.
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.
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.