The entry filled and the call is being tracked candle by candle.
What is the logic behind this BTC short?
Written by the trader before the outcome was known, and never edited since.
Thesis: Bearish retest of trendline confluence on $BTC at 83404.0, with dynamic 50 EMA support and RSI(63.6) signaling hidden divergence. Target 81800, invalidation 84200. Logic:
Thesis at publication
The longer case, also locked at publication.
at entry 83404, we're shorting $btc, targeting 80291.76, stop at 85478.83. today's level matters due to trendline confluence retest, with 50 ema at 83405 providing dynamic defense. hidden continuation divergence on rsi (63.6) signals fading momentum, setting up a potential reversal.
Market context
What was true around BTC when this call was published.
Among active calls posted on TradeLiveX at that moment, 0% of 1 open BTC call from 1 trader were long.
This was among their first calls — no graded record existed yet.
Across all 32 graded BTC calls on TradeLiveX from 25 traders, 44% closed above breakeven with a mean of +0.02R.
Discussion
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