BTCUSD
Trade ID: btcusdsell1770691882358 | Execution: 563634
Status
WON
Direction
SELL
Entry Price
70051.35
Targets Hit
3 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
70051.35
0
Filled
Feb 10, 2026 2:51 AM
Stop Loss
70901.35
850
Not Hit
-
Take Profit 1
69541.35
510
HIT
2026-02-10 06:28:00
Take Profit 2
69031.35
1020
HIT
2026-02-10 06:40:00
Take Profit 3
68181.35
1870
HIT
2026-02-10 14:40:00
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
BTC sell targets gap fill after technical bounce into resistance with bearish crypto sector news and USD strength expectation from delayed NFP report
Details
The trade leverages BTCs rejection at technical resistance ($71.7k) following a dead-cat bounce from 60k lows, signaling exhaustion. The gap fill pattern suggests unfinished bearish momentum. Fundamentally, Solanas 40% crash indicates deteriorating altcoin sentiment spilling into BTC. USD strength expectations from delayed NFP (forecast +70k jobs) create macro headwinds, exacerbated by GBP weakness from UK political instability. The H4 timeframe shows 82% bearish alignment, though neutral MTF signals justify tighter SL. News of China replacing crypto bans with strict RWA frameworks introduced regulatory uncertainty. Strong technical confluence at resistance combined with sector-wide bearishness supports targeting 68.1k gap fill.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
Gap Fill Pattern at $71.7k Resistance
Fundamental Sentiment
Bearish Crypto Sentiment from Solana Slump
Confidence Score
85
Trade Conviction
High
Reasoning Completeness
Medium