BTC keeps sliding below key moving averages
🔴 SHORT $BTC /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 76985.15 – 77122.85
TP1: 76041.31 (-1.3%)
TP2: 75366.18 (-2.2%)
TP3: 74353.48 (-3.5%)
SL: 78404.26 (+1.8%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 6/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 1.00)
Trade note: BTC
I'm watching BTC for a short trade. The 4h trend shows price below both the EMA50 and EMA200, confirming the sellers are in control. I want to see the 1h RSI stay below 45, which would mean sellers still have momentum. I will target the entry area around 77000.
Where do you want your invalidation level for this short?
🔴 SHORT $BTC /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 76985.15 – 77122.85
TP1: 76041.31 (-1.3%)
TP2: 75366.18 (-2.2%)
TP3: 74353.48 (-3.5%)
SL: 78404.26 (+1.8%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 6/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 1.00)
Trade note: BTC
I'm watching BTC for a short trade. The 4h trend shows price below both the EMA50 and EMA200, confirming the sellers are in control. I want to see the 1h RSI stay below 45, which would mean sellers still have momentum. I will target the entry area around 77000.
Where do you want your invalidation level for this short?
