🔴 $BTC /USDT · Bias: SHORT
The swing trend is down as price sits below a bearish 4h EMA stack.
Entry: 70207.25 – 70354.75
TP1: 69432.56 (-1.2%)
TP2: 68866.93 (-2.0%)
TP3: 68018.48 (-3.2%)
SL: 71412.26 (+1.6%)
Why: Sellers are driving the move because the 15m ADX is 45.7 and the DI minus is far above the DI plus.
Risk: Price is washed out, bounces are common from here (1h RSI 20.5, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Where do you see this short heading next?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
The swing trend is down as price sits below a bearish 4h EMA stack.
Entry: 70207.25 – 70354.75
TP1: 69432.56 (-1.2%)
TP2: 68866.93 (-2.0%)
TP3: 68018.48 (-3.2%)
SL: 71412.26 (+1.6%)
Why: Sellers are driving the move because the 15m ADX is 45.7 and the DI minus is far above the DI plus.
Risk: Price is washed out, bounces are common from here (1h RSI 20.5, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Where do you see this short heading next?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
