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Bitcoin short position with 95% win rate, dare you follow?
$BTC /USDT - Short
Trading Plan:
Entry: 63013.1 – 63252.5
SL: 64282.1
TP1: 62270.8
TP2: 61696.2
TP3: 60834.2
Why pay attention to this structure?
- 4-hour level short signal activated, 1D trend clearly bearish, EMA resistance obvious.
- RSI 15-minute only 36.56, momentum weak, rebound lacking strength.
- Currently BTC_USDT around 63132, entry range 63013-63252, TP1 target 62270, TP2 target 61696, SL set at 64282.
- Why now? Short structure intact, rebound is the entry opportunity.
Discussion:
Will this short first hit TP2, or be a bear trap reversal?