BTC is at a level worth watching: the 4h trend leans SHORT, while the 15m RSI at 56.6 could cause short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $81,661.84 – $81,790.18
SL: $82,367.74
TP1: $80,570.90
TP2: $80,014.74
TP3: $79,373.01
Why this setup?
• The 4h trend is SHORT, with EMA20 at $82,805.09 and EMA50 at $83,314.33, confirming downward momentum.
• The 15m RSI is at 56.6; the 4h RSI is at 41.7. Wait for the price reaction in the entry zone.
• The 1h ATR is $427.82; TP1 is set at a reward-to-risk ratio of 1.8.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
$BTC – SHORT
Trading plan:
Entry: $81,661.84 – $81,790.18
SL: $82,367.74
TP1: $80,570.90
TP2: $80,014.74
TP3: $79,373.01
Why this setup?
• The 4h trend is SHORT, with EMA20 at $82,805.09 and EMA50 at $83,314.33, confirming downward momentum.
• The 15m RSI is at 56.6; the 4h RSI is at 41.7. Wait for the price reaction in the entry zone.
• The 1h ATR is $427.82; TP1 is set at a reward-to-risk ratio of 1.8.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇