BTC is in an area that needs close monitoring: the 4h trend leans toward SHORT, while the 15m RSI at 48.0 may create short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $83,515.39 – $83,624.63
SL: $84,116.26
TP1: $82,586.76
TP2: $82,113.35
TP3: $81,567.10
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,751.42 and EMA50 at $83,995.15, confirming the downward momentum.
• The 15m RSI is at 48.0; the 4h RSI is at 40.3—wait for the price to react in the entry zone.
• ATR 1h is $364.17; TP1 is set based on a 1.8 reward/risk ratio.
Discussion:
Is the short-term momentum 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: $83,515.39 – $83,624.63
SL: $84,116.26
TP1: $82,586.76
TP2: $82,113.35
TP3: $81,567.10
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,751.42 and EMA50 at $83,995.15, confirming the downward momentum.
• The 15m RSI is at 48.0; the 4h RSI is at 40.3—wait for the price to react in the entry zone.
• ATR 1h is $364.17; TP1 is set based on a 1.8 reward/risk ratio.
Discussion:
Is the short-term momentum enough to confirm the move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
