EthanTW

BTC short target 34.5k

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
2h time frame
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BTC is creating a small triangle structure, the liquidation zone of this structure is 44500~45300.
Look at the bigger picture, 45000~45430 is the PRZ, which is made from 0.382 Fibonacci tool and project target at 35700~34500. Also, this PRZ(45k~45.4k) is the potential right top of a big double top structure, so this zone would be good to try short with great expected value.
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TP: 35700~34500 (~+22%)
SL: 46750 (~-4%)

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