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.
shorting btc at 84309.43 on retest of broken resistance, seeking lower highs." **setup:** "clean retest of key horizontal support turned resistance, visible absorption on lower tfs. confluence with ema-200 and rsi(1
Thesis at publication
The longer case, also locked at publication.
Retesting key horizontal support, now resistance. BTC found buyers here last week, rejecting bearish probes. Bullish absorption visible on lower TFs signals waning selling momentum. Target is last week's low, 81687.29, aiming to invalidate the bearish engulfing candle that triggered this move. Stop beyond the high of that candle, 86057.52.
Market context
What was true around BTC when this call was published.
Among active calls posted on TradeLiveX at that moment, 0% of 3 open BTC calls from 3 traders were long.
6 graded calls, 67% closed above breakeven, mean +0.28R. Frozen as of the post — it is not recomputed.
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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