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BTC bearish signal with 95% confidence—what are you waiting for?
$BTC /USDT - SHORT sell
Trading plan:
Entry: 63879.79 – 64004.71
SL: 64541.82
TP1: 63492.57
TP2: 63192.78
TP3: 62743.10
Why watch this setup?
- 4-hour SHORT signal, 95% confidence, clear bearish 1-day trend.
- Current price 63942.25, trading right under EMA resistance; RSI on 15m is only 51.09, and rebounds lack strength.
- Why now? ATR on 1h hit 249 points; volatility is expanding, and bearish momentum is about to release.
- Targets TP1 63492.57, TP2 63192.78, stop-loss 64541.82, with an excellent risk-reward ratio.
Discussion:
Will this short hit TP2 first, or will it be a bull trap rebound that sweeps the stop-loss?