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The BTC short signal has been triggered—are you willing to follow?
$BTC /USDT - SHORT
Trading plan:
Entry: 64886.78 – 65054.70
SL: 66018.50
TP1: 64184.92
TP2: 63661.04
TP3: 62875.22
Why focus on this structure?
- 4H SHORT signal, confidence 80%, and the 1D trend is clearly bearish.
- RSI 15M is at 62.29, not overbought, with further downside room.
- ATR 1H is 335.82; volatility is moderate, and a stop-loss at 66018.50 is reasonable.
- Entry 64970.74, TP1 64184.92, TP2 63661.04, with a favorable risk-reward ratio.
Discussion:
Will this move reach TP2 first, or will there be a stop-hunt fakeout followed by a rebound?