Tomezcbtt
--
$BTC - SHORT CHOICE, NO FOMO PRICE INCREASE!
Bitcoin is trading around $108.9k after multiple failures at the resistance zone of 109k–109.5k. The price is rising but the volume is weak, and the RSI is gradually weakening – indicating that the upward potential has slowed down.
🧠 Preferred scenario: SHORT
🎯 Enter SHORT around 109k–109.3k when seeing a price rejection signal (wicked candle, strong red 1H candle)
📌 Targets (TP):
TP1: 107.5k (pivot)
TP2: 106.7k (near support)
🛡️ Stop loss (SL): above 109.6k
📉 Reason for choosing short:
1H RSI ~58 → gradually weakening
Volume decreases as price increases → weak buying power
Has tested the 109k zone 3 times unsuccessfully → this zone is very "heavy" #crypto #btc
Bitcoin is trading around $108.9k after multiple failures at the resistance zone of 109k–109.5k. The price is rising but the volume is weak, and the RSI is gradually weakening – indicating that the upward potential has slowed down.
🧠 Preferred scenario: SHORT
🎯 Enter SHORT around 109k–109.3k when seeing a price rejection signal (wicked candle, strong red 1H candle)
📌 Targets (TP):
TP1: 107.5k (pivot)
TP2: 106.7k (near support)
🛡️ Stop loss (SL): above 109.6k
📉 Reason for choosing short:
1H RSI ~58 → gradually weakening
Volume decreases as price increases → weak buying power
Has tested the 109k zone 3 times unsuccessfully → this zone is very "heavy" #crypto #btc
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
109,517.18
+0.46%
431
0