Current structure #BTC
* Price: 79.280
* EMA7: 79.061 → price is currently above
* EMA25: 78.230 → near support
* EMA99: 72.363 → very bullish mid-term trend
* Supertrend: 76.687 → still green
* Nearest peak: 81.273
* 24h High: 80.520
=> 4H is in a strong uptrend → accumulating near the top; no clear reversal signal yet.
If you want to SHORT
You shouldn’t short 79.2k–79.5k just because price has already risen a lot. The zone we’re watching is:
Beautiful short zone: 80.500–81.300
Especially if price moves into this area and then shows:
* a strong rejection wick on top;
* a 4H bearish engulfing candle;
* breakdown back below 80k;
* increasing sell volume.
* Price: 79.280
* EMA7: 79.061 → price is currently above
* EMA25: 78.230 → near support
* EMA99: 72.363 → very bullish mid-term trend
* Supertrend: 76.687 → still green
* Nearest peak: 81.273
* 24h High: 80.520
=> 4H is in a strong uptrend → accumulating near the top; no clear reversal signal yet.
If you want to SHORT
You shouldn’t short 79.2k–79.5k just because price has already risen a lot. The zone we’re watching is:
Beautiful short zone: 80.500–81.300
Especially if price moves into this area and then shows:
* a strong rejection wick on top;
* a 4H bearish engulfing candle;
* breakdown back below 80k;
* increasing sell volume.