BTCUSD CONSENSTLY FOLLOW THE DOWN TRADEBitcoin / U.S. dollarBITSTAMP:BTCUSDprofessionalman088BTCUSD Trade Alert 1️⃣ Market Trend: BTCUSD has been consistently following a downtrend. 2️⃣ Sell Opportunity: A selling opportunity is identified at the entry level of 97,380. 3️⃣ Technical Confirmation: The price is trading below the EMA50 on the 4H time frame, confirming bearish momentum. 4️⃣ Target Levels: Target 1: 93,670 🎯 Target 2: 90,820 🎯 5️⃣ Market Sentiment: Bears are in control, pushing prices lower. 6️⃣ Momentum Analysis: Downward pressure continues as BTC struggles to break resistance. 7️⃣ Support & Resistance: Strong resistance near 97,380 and support at 90,820. 8️⃣ Risk Management: Always use a stop-loss to minimize risk. 9️⃣ Stop-Loss Suggestion: Consider placing a stop-loss above 98,500. 🔟 Entry Confirmation: Ensure confirmation before entering the trade. Additional Insights: EMA50 Rejection: Price facing resistance at EMA50 signals further downside. Bearish Signals: Candlestick patterns suggest sellers dominating the market. Market Structure: Lower highs and lower lows indicate a strong downtrend. Volume Analysis: Increased selling volume supports a bearish outlook. Risk-to-Reward Ratio: Favorable risk-reward setup for this trade. Global Factors: Macroeconomic conditions may add pressure to BTCUSD. Short-Term vs Long-Term: Short-term traders may take profits at Target 1, while long-term traders can hold for Target 2. Monitor Market Reactions: Keep an eye on price action near key levels. Volatility Alert: Expect fluctuations; manage your trade accordingly. Final Thought: Stick to your strategy and trade with discipline! Trade Safe & Good Luck!