๐ Gann Square of Nine Calculator is now live on my blog! Instantly generate accurate Support & Resistance levels, Buy/Sell zones. Clean, fast, mobile-friendly & completely free to use. Perfect for intraday & positional traders! Try it here:๐ https://t.co/MHItepPUOv
#GannSquare
#BTCUSDT
Entry trigger: bearish rejection, followed by a 15m/1H breakdown of local support.
Levels ->
Entry $78,600โ$78,900
Stop loss $79,500
Target 1 $77,800
Target 2 $77,000
Target 3 $76,500
#BTCUSDT shows a clear bearish structure. Since the October high Bitcoin has been forming lower highs and progressively weakening.
The most important development is the sharp breakdown near the end of October, when price fell from approximately $80,000โ$81,000 to towards $76,500.
##BTCUSDT Intraday trading setup
Setup โ Short on rejection
$78,200โ78,500
Potential short-entry zone
Stop loss: $78,850
Target 1: $77,400
Target 2: $76,900
Target 3: $76,500
Wait for a bearish rejection candle on the 15-minute or 1-hour chart before entering.
#btcusdt Resistance: 84,168โ84,352. A sustained 15m reclaim above this band would strengthen the bullish case. Support: 83,185โ83,050, then 83,036โ82,901 and 82,845โ82,710. A close below the first zone would weaken the rebound and put the lower supports in play.