BTC is in an area that needs monitoring: the 4h trend is leaning toward SHORT, while the 15m RSI at 61.9 may create short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $76,158.08 – $76,311.50
SL: $77,001.87
TP1: $74,854.05
TP2: $74,189.26
TP3: $73,422.18
Why this setup?
• The 4h trend is SHORT, with EMA20 at $76,619.10 and EMA50 at $77,295.42, confirming downward momentum.
• The 15m RSI is 61.9; the 4h RSI is 22.4—wait for price reaction at the entry zone.
• The 1h ATR is $511.38; TP1 is set based on a 1.8 profit-to-risk ratio.
Discussion:
Is the short-term momentum enough confirmation to move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
$BTC – SHORT
Trading plan:
Entry: $76,158.08 – $76,311.50
SL: $77,001.87
TP1: $74,854.05
TP2: $74,189.26
TP3: $73,422.18
Why this setup?
• The 4h trend is SHORT, with EMA20 at $76,619.10 and EMA50 at $77,295.42, confirming downward momentum.
• The 15m RSI is 61.9; the 4h RSI is 22.4—wait for price reaction at the entry zone.
• The 1h ATR is $511.38; TP1 is set based on a 1.8 profit-to-risk ratio.
Discussion:
Is the short-term momentum enough confirmation to move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
