Asset: Bitcoin (BTC/USD)
Timeframe: 30-Min Chart
Setup Type: Bearish Breakdown Trade
Trade Plan (Short Position)
Entry Zone: Below $82,900 (Breakdown Confirmation)
Stop-Loss (SL): Above $84,536 (Invalidation Level)
Take Profit Targets:
TP1: $81,269 (First Support Level)
TP2: $78,906 (Extended Bearish Move)
Risk-Reward Ratio Calculation
Risk (SL Distance): $84,536 – $82,900 = $1,636 per BTC
Reward to TP1: $82,900 – $81,269 = $1,631 (1:1 R/R)
Reward to TP2: $82,900 – $78,906 = $3,994 (1:2.44 R/R)
Favorable Risk-Reward Setup – Targeting a 1:2.44 R/R at TP2.
Technical Analysis & Strategy
Bearish Rejection at Descending Trendline – BTC failed to break above resistance.
Weak Buying Pressure – Struggling to hold above $82,900, signaling seller dominance.
Volume Confirmation Needed – A strong sell volume spike below $82,900 confirms momentum shift.
Momentum Shift Expected – Breakdown could lead to $81,269, then extend to $78,906.
Key Resistance & Support Levels
$84,536 – Stop-Loss / Resistance Level
🟡 $82,900 – Breakdown Level / Short Entry
$81,269 – First Target / TP1
🟢 $78,906 – Final Target / TP2
Trade Execution & Risk Management
Volume Confirmation – Ensure strong selling pressure before entry.
Trailing Stop Strategy – Move SL to breakeven ($82,900) after hitting TP1 ($81,269).
Partial Profit Booking Strategy:
Take 50% profits at $81,269, let the rest run to $78,906.
Adjust SL to breakeven ($82,900) after TP1 is hit.
️ Fake Breakdown Risk
If price moves back above $82,900, exit early to limit losses.
Wait for a strong bearish candle close below $82,900 before entering aggressively.
Final Thoughts
Bearish Setup Confirmed – Breakdown signals further downside potential.
Momentum Shift Expected – Watch for volume confirmation.
Favorable Risk-Reward Ratio – 1:2.44 R/R at TP2 makes this a high-quality trade.
Stick to the plan, manage risk, and trade smart!
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