Based on your 5m, 15m, and 4h BTC/USDT charts, here’s a technical breakdown and how to turn this into a Binance Square post:
Chart Pattern Analysis:
Across all charts (especially the 5m and 15m), we can identify a Bearish EMA Crossover and Rising Wedge Breakdown pattern.
Pattern Identified: Bearish EMA Crossover + Rising Wedge Breakdown
EMA(7) crossing below EMA(25) and EMA(99) — a classic short signal.
RSI on 5m: 27.06 — oversold, expect a short pullback.
RSI on 15m: 16.14 — extremely oversold, watch for minor bounce or sideways before further drop.
RSI on 4h: 38.47 — still room for downside.
Trade Idea: Short BTC/USDT
Entry: $102,940 (current market price)
Stop Loss: $103,400 (above EMA resistance + minor high)
Take Profit 1: $102,500 (previous minor support)
Take Profit 2: $102,050 (match with recent low)
Take Profit 3 (final TP): $101,500 (strong support zone if breakdown continues)
Risk-Reward:
Risk = 460 points
Reward (TP1) = 440 pts
Reward (TP2) = 890 pts
Reward (TP3) = 1440 pts R:R ranges from ~1:1 to 1:3.1 — solid setup.
Binance Square Post (Formatted)
Title: Bearish Wedge Breakdown on BTC — Scalp to Swing Opportunity!
BTC is showing signs of weakness after breaking down from a rising wedge pattern on the 5m and 15m chart. A bearish EMA crossover confirms the short bias. RSI is deeply oversold on lower timeframes, so expect minor bounces.
Chart Pattern: Bearish EMA Crossover + Rising Wedge Breakdown Current Price: $102,940 Entry: Market Stop Loss: $103,400 Take Profit Targets:
$102,500
$102,050
$101,500
Risk-Reward: Up to 1:3+
If price retests EMA25 and rejects, it could be an even better entry. Trade safe and manage risk!
The pattern visible here is a Bearish Engulfing at the recent peak (around $104,976.25), followed by a strong breakdown candle. This signals potential continuation to the downside.
Trade Setup
Entry: $102,900 (current price)
Stop Loss: $103,600 (above resistance and EMA cluster)
Take Profit: $101,600 (near last swing low and support zone)
Risk-to-reward ratio: ~1.75
Bearish Reversal Alert!
BTC just flashed a Bearish Engulfing on the 15-min chart, signaling possible downside.