📉 BTC 16/09 – FOCUS ON SHORTS. DON'T CHASE AT THE LOWS.
BTC took a hard rejection at 79.4K–79.6K and is bleeding into continuous lower highs and lower lows. On M15, M30, and H1, price is trapped below key short- and mid-term moving averages. Selling pressure is dominant.
Neither H1 nor H4 shows any valid signs of a reversal yet. Treat any upward push as a relief bounce designed to offer better SHORT entries, not a reason to rush into Longs.
Stop fighting the trend. Wait for the bounce into resistance, watch for the rejection, and execute.
Post #3188
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Forwarded from 𝕍𝕀ℙ 𝕊𝕔𝕒𝕝𝕡𝕚𝕟𝕘 𝕊𝕖𝕤𝕤𝕚𝕠𝕟𝕤 🔐
