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.
Short $BTC at 80469.34; breakout from 3-day wedge, RSI(60.8) trending down, look for support retest at 78600 after liquidity sweep.
Thesis at publication
The longer case, also locked at publication.
btc's breakout from a multi-session compression range has hit our radar with expanded volume, confirming a structural shift. today's entry at 80469.34 aligns with a triple-top bearish reversal pattern, supported by rsi(60.8)'s rollover from overbought levels. our stop at 82011.49 invalidates this short, but we're targeting 78156.11, where prior support and a 38.2% fib retracement level converge.
Market context
What was true around BTC when this call was published.
Among active calls posted on TradeLiveX at that moment, 50% of 2 open BTC calls from 2 traders were long.
This was among their first calls — no graded record existed yet.
Across all 22 graded BTC calls on TradeLiveX from 16 traders, 41% closed above breakeven with a mean of +0.06R.
Discussion
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