BTC is at a level worth watching: the 4h trend leans SHORT, while the 15m RSI at 31.4 could lead to short-term volatility.
$BTC – SHORT
Trading plan:
Entry: $81,986.39 – $82,153.61
SL: $82,906.13
TP1: $80,564.97
TP2: $79,840.33
TP3: $79,004.20
Why this setup?
• The 4h trend is SHORT, with EMA20 at $82,395.75 and EMA50 at $82,838.05, confirming downward momentum.
• The 15m RSI is at 31.4; the 4h RSI is at 40.9. Wait for the price reaction around the entry zone.
• The 1h ATR is $557.42; TP1 is set at a risk/reward ratio of 1.8.
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: $81,986.39 – $82,153.61
SL: $82,906.13
TP1: $80,564.97
TP2: $79,840.33
TP3: $79,004.20
Why this setup?
• The 4h trend is SHORT, with EMA20 at $82,395.75 and EMA50 at $82,838.05, confirming downward momentum.
• The 15m RSI is at 31.4; the 4h RSI is at 40.9. Wait for the price reaction around the entry zone.
• The 1h ATR is $557.42; TP1 is set at a risk/reward ratio of 1.8.
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 👇