BTC is in an area that needs monitoring: the 4-hour trend is leaning toward SHORT, while the 15-minute RSI at 50.0 may cause short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $75,504.35 – $75,724.07
SL: $76,712.77
TP1: $73,636.80
TP2: $72,684.72
TP3: $71,586.16
Why is this setup chosen?
• The 4h trend is SHORT, with EMA20 $77,048.00 and EMA50 $77,767.76, confirming downward momentum.
• The 15m RSI is 50.0; the 4h RSI is 36.5—wait for price reaction at the entry zone.
• 1h ATR is $732.37; TP1 is set according to a reward/risk ratio of 1.8.
Discussion:
Will short-term momentum be sufficient confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$BTC – SHORT
Trading plan:
Entry: $75,504.35 – $75,724.07
SL: $76,712.77
TP1: $73,636.80
TP2: $72,684.72
TP3: $71,586.16
Why is this setup chosen?
• The 4h trend is SHORT, with EMA20 $77,048.00 and EMA50 $77,767.76, confirming downward momentum.
• The 15m RSI is 50.0; the 4h RSI is 36.5—wait for price reaction at the entry zone.
• 1h ATR is $732.37; TP1 is set according to a reward/risk ratio of 1.8.
Discussion:
Will short-term momentum be sufficient confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
