🔴 $BTC /USDT · Bias: SHORT
BTC sits below bearish EMA stacks on 4h and 1h, so sellers should keep controlling.
Entry: 68588.26 – 68783.74
TP1: 67054.06 (-2.4%)
TP2: 65966.10 (-4.0%)
TP3: 64334.16 (-6.3%)
SL: 70861.92 (+3.2%)
Note: moderate conviction only, keep size light.
Why: The 4h trend is bearish as price sits below a bearish EMA stack, and sellers are driving the move with ADX 65.6, but conviction is only moderate since some factors disagree.
Risk: Price is washed out, bounces are common from here (4h RSI 17.6, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you agree the short setup is worth taking here?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
BTC sits below bearish EMA stacks on 4h and 1h, so sellers should keep controlling.
Entry: 68588.26 – 68783.74
TP1: 67054.06 (-2.4%)
TP2: 65966.10 (-4.0%)
TP3: 64334.16 (-6.3%)
SL: 70861.92 (+3.2%)
Note: moderate conviction only, keep size light.
Why: The 4h trend is bearish as price sits below a bearish EMA stack, and sellers are driving the move with ADX 65.6, but conviction is only moderate since some factors disagree.
Risk: Price is washed out, bounces are common from here (4h RSI 17.6, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you agree the short setup is worth taking here?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
