$BTC is starting to look heavy beneath resistance though volume is still the missing piece and the next close matters more than the first reaction.
Short | Futures | 1H
Entry: 63894.5 – 63996.9
TP1: 63701.1 (R:R 1:0.86)
TP2: 63565.2 (R:R 1:1.34)
TP3: 63234.0 (R:R 1:2.50)
TP4: 63021.0 (R:R 1:3.25)
Stop Loss: 64230.5
The lower and higher timeframes are leaning the same way; volume confirmation is still thin.
Risk: A 1h close above 64230.5 invalidates the short structure.
NFA. DYOR.
Short | Futures | 1H
Entry: 63894.5 – 63996.9
TP1: 63701.1 (R:R 1:0.86)
TP2: 63565.2 (R:R 1:1.34)
TP3: 63234.0 (R:R 1:2.50)
TP4: 63021.0 (R:R 1:3.25)
Stop Loss: 64230.5
The lower and higher timeframes are leaning the same way; volume confirmation is still thin.
Risk: A 1h close above 64230.5 invalidates the short structure.
NFA. DYOR.