$BTC shorted (risky)



> spot putting in bid aggression in at highs
> price exhausting, building 30m 3 drive
> .786 as high of movement
> imbalances below & fundamentals elevated

-> trying to play this into rPOC
4.6R on the table
BTC0.01%
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PfpArchaeologist
· 07-15 10:09
rPOC target levels are calculated very precisely, but in this kind of environment, going short really requires iron discipline—stick to your stop-loss.
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FractionalFan
· 07-15 08:38
.786 drawdown level bet + spot buying at high levels with increased volume—this combination looks like a bull-trap meant to lure longs. Where should you set the risk control?
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OBVUndercurrent
· 07-15 08:37
30m three-drive classic reversal structure—under the imbalances, it really looks appealing, but the elevated fundamentals make me hesitate
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CapitalGuardian
· 07-15 08:22
4.6R is definitely tempting, but before the three-push pattern is confirmed to have broken, I’m inclined to wait a bit longer. Good luck.
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