BTC is in an area that needs monitoring: the 4h trend leans toward SHORT, while the 15m RSI at 73.2 could cause short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $78,056.08 – $78,215.94
SL: $78,935.27
TP1: $76,697.35
TP2: $76,004.66
TP3: $75,205.40
Why this setup?
• The 4h trend is SHORT, with EMA20 at $78,284.62 and EMA50 at $78,290.13, confirming the downward momentum.
• The 15m RSI is 73.2; the 4h RSI is 59.2—wait for price reaction at the entry zone.
• The 1h ATR is $532.84; TP1 is set according to a reward/risk ratio of 1.8.
Debate:
Is the short-term momentum strong enough to confirm the move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$BTC – SHORT
Trading plan:
Entry: $78,056.08 – $78,215.94
SL: $78,935.27
TP1: $76,697.35
TP2: $76,004.66
TP3: $75,205.40
Why this setup?
• The 4h trend is SHORT, with EMA20 at $78,284.62 and EMA50 at $78,290.13, confirming the downward momentum.
• The 15m RSI is 73.2; the 4h RSI is 59.2—wait for price reaction at the entry zone.
• The 1h ATR is $532.84; TP1 is set according to a reward/risk ratio of 1.8.
Debate:
Is the short-term momentum strong enough to confirm the move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
