BTC/USD β 30-Min Short Trade Setup!Bitcoin / U.S. dollarBITSTAMP:BTCUSDProfittoPathπ πΉ Asset: Bitcoin (BTC/USD) πΉ Timeframe: 30-Min Chart πΉ Setup Type: Symmetrical Triangle Breakdown Short Trade π Trade Plan (Short Position) β Entry Zone: Below $96,447 (Breakdown Confirmation) β Stop-Loss (SL): Above $97,010 (Break of Resistance & Trendline) π― Take Profit Targets π TP1: $95,676 (First Support Level) π TP2: $94,752 (Extended Bearish Target) π Risk-Reward Ratio Calculation π Risk (SL Distance): $97,010 - $96,447 = $563 risk per BTC π Reward to TP1: $96,447 - $95,676 = $771 (1.37 R/R) π Reward to TP2: $96,447 - $94,752 = $1,695 (3.01 R/R) π Technical Analysis & Strategy π Symmetrical Triangle Breakdown Setup: BTC is losing momentum at resistance and forming lower highs, signaling a potential bearish breakdown. π Support & Trendline Break: A break below $96,447 would confirm the bearish move. π Breakdown Confirmation: A strong bearish candle closing below $96,447 with high volume would validate the setup. π Momentum Shift Expected: If price breaks below $96,447, it could drop toward $95,676 (TP1) and $94,752 (TP2). π Key Support & Resistance Levels π΄ $97,010 β Strong Resistance / Stop-Loss Level π‘ $96,447 β Entry / Breakdown Level π’ $95,676 β First Support / TP1 π’ $94,752 β Final Target / TP2 π Trade Execution & Risk Management π Volume Confirmation: Ensure strong selling volume below $96,447 before entering. π Trailing Stop Strategy: Move SL to entry ($96,447) after TP1 ($95,676) is hit. π° Partial Profit Booking Strategy: β Take 50% profits at $95,676, let the rest run to $94,752. β Adjust Stop-Loss to Break-even ($96,447) after TP1 is reached. β οΈ Fake Breakdown Risk β If price bounces above $96,447, it could be a fake breakdownβexit early. β Wait for a strong candle close below $96,447 for confirmation before entering aggressively. π Final Thoughts β Bearish Setup β Breaking below $96,447 could lead to lower targets. β Momentum Shift Possible β Watch for volume confirmation. β Favorable Risk-Reward Ratio β 1:1.37 to TP1, 1:3.01 to TP2. π‘ Stick to the plan, manage risk, and trade smart! ππ π #CryptoTrading #Bitcoin #BTC #BreakdownTrade #TechnicalAnalysis #MarketTrends #ProfittoPath #DayTrading #MomentumTrading #SwingTrading #TradingView #ShortTrade #TradeSmart #RiskManagement #CryptoBreakdown #Investing #CryptoAlerts #ChartAnalysis ππ