BTC is at a level worth watching: the 4h trend leans SHORT, while the 15m RSI at 52.1 could cause short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $83,675.56 – $83,764.46
SL: $84,164.54
TP1: $82,919.86
TP2: $82,534.60
TP3: $82,090.07
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,273.52 and EMA50 at $84,010.26, confirming downward momentum.
• The 15m RSI is at 52.1; the 4h RSI is at 76.8, so wait for the price reaction at the entry zone.
• The 1h ATR is $296.35; TP1 is set at a risk/reward ratio of 1.8.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
$BTC – SHORT
Trading plan:
Entry: $83,675.56 – $83,764.46
SL: $84,164.54
TP1: $82,919.86
TP2: $82,534.60
TP3: $82,090.07
Why this setup?
• The 4h trend is SHORT, with EMA20 at $83,273.52 and EMA50 at $84,010.26, confirming downward momentum.
• The 15m RSI is at 52.1; the 4h RSI is at 76.8, so wait for the price reaction at the entry zone.
• The 1h ATR is $296.35; TP1 is set at a risk/reward ratio of 1.8.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇