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BTC short has a 95% win rate, and you're still going long?
$BTC /USDT - SHORT
Trading Plan:
Entry: 63243.51 – 63442.21
SL: 64296.62
TP1: 62627.54
TP2: 62150.66
TP3: 61435.34
Why pay attention to this structure?
- 1D trend clearly bearish, 4h EMA acting as resistance, weak rebound.
- RSI 15m at only 54.34, not overbought, bearish momentum not exhausted.
- Current price 63342.86 is close to entry, TP1 62627.54 is right ahead, risk-reward ratio 1:2.5.
Discussion:
Will it first bounce to TP1, or break straight through to TP2?