BTC is in a zone to watch: the 4h trend leans SHORT, while the 15m RSI at 48.8 could bring short-term volatility.
$BTC – SHORT
Trade plan:
Entry: $83,023.75 – $83,059.35
SL: $83,219.50
TP1: $82,721.23
TP2: $82,567.01
TP3: $82,389.05
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,041.85 and EMA50 at $83,983.16, confirming downward momentum.
• The 15m RSI is at 48.8; the 4h RSI is at 68.6, so wait for the price reaction at the entry zone.
• The 1h ATR is $118.64; TP1 is set at a 1.8 risk/reward ratio.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Tap here to trade 👇
$BTC – SHORT
Trade plan:
Entry: $83,023.75 – $83,059.35
SL: $83,219.50
TP1: $82,721.23
TP2: $82,567.01
TP3: $82,389.05
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,041.85 and EMA50 at $83,983.16, confirming downward momentum.
• The 15m RSI is at 48.8; the 4h RSI is at 68.6, so wait for the price reaction at the entry zone.
• The 1h ATR is $118.64; TP1 is set at a 1.8 risk/reward ratio.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Tap here to trade 👇