
Bitcoin experienced a rejection of important resistance on its 1-day timeframe around the $107,000 area, coupled with a breakdown of resistance becoming support on the 4-hour timeframe at levels around $104,400. This gives an indication of further downside for Bitcoin with potential to the $100,000 area which will act as support, with a potential retest of the $104,400 level which we can use as a zone to look for confirmation of a bearish signal.

Entry [Short]: $103.500-$104.400
Stop Loss [SL]: $105.760
Take Profit [TP]: TP1: $101,000, TP2: $100,000
After a significant rise a few days ago, UNI is seen to be experiencing a significant weakening of momentum and potential correction. This can be seen with the formation of an evening star candle which is an indication of a bearish reversal followed by the formation of a lower-low.
The potential for UNI to decline to the demand area around $7.1. We can wait for UNI to test the 8.9 level to look for short positions.

Entry [Short] : $8.90-$8.99
Stop Loss [SL] : $9.517
Take Profit [TP] : $7.133
Ethereum experienced a rejection of important resistance on its 1-day timeframe around the $3650 area, coupled with a breakdown of resistance becoming support on the 4-hour timeframe at levels around $3480. This gives an indication of further downside for Ethereum with the potential to the $3185 area which will act as support, with the potential to retest the $3484 level which we can use as a zone to look for confirmation of bearish signals.

Entry [Short]: $3484-$3500
Stop Loss [SL]: $3611
Take Profit [TP]: TP1: $3185
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
*Disclaimer: Pintu Futures activities (trading futures contracts on crypto assets) are carried out by PT Porto Komoditi Berjangka, a Futures Brokerage company licensed and supervised by Bappebti and is a member of CFX and KKI. Trading futures contracts on crypto assets has high risks, one of which is the risk that Leverage can provide greater profits and losses.
Share
See Assets in This Article

0.9%

1.1%
0.0%
BTC Price (24 Hours)
Market Capitalization
-
Global Volume (24 Hours)
-
Circulating Supply
-