BTC is at a zone to watch: the reference plan leans SHORT, while the 15m RSI at 50.6 could lead to short-term volatility.
$BTC – SHORT
Trade plan:
Entry: $73,477.85 – $73,646.17
SL: $74,403.60
TP1: $72,047.14
TP2: $71,317.76
TP3: $70,476.16
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $74,645.58; 4h EMA50: $76,046.13.
• The 15m RSI is at 50.6; the 4h RSI is at 41.2. Wait for the price reaction at the entry zone.
• The 1h ATR is $561.06; TP1 has an R:R of 1.8 based on the reference price, excluding fees/slippage.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$BTC
$BTC – SHORT
Trade plan:
Entry: $73,477.85 – $73,646.17
SL: $74,403.60
TP1: $72,047.14
TP2: $71,317.76
TP3: $70,476.16
Why this setup?
• Price and the 4h EMA20/50 align with this direction. 4h EMA20: $74,645.58; 4h EMA50: $76,046.13.
• The 15m RSI is at 50.6; the 4h RSI is at 41.2. Wait for the price reaction at the entry zone.
• The 1h ATR is $561.06; TP1 has an R:R of 1.8 based on the reference price, excluding fees/slippage.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$BTC
