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4.8 Evening BTC Overbought Warning Precisely Fulfilled!
1-hour RSI(6) reached as high as 80.3, indicating extreme overbought conditions + significant deviation from the moving average. Decisively took partial short positions at the 72800-73000 resistance level, with an average entry price of 72644.8, using 100x leverage to open 5 BTC short positions.
As of now, the price has fallen back to 71093.5, unrealized profit of 7756.89 USDT, with a return rate of 218.21%! The first target of 71400 was perfectly hit, now waiting for the second target at 70800.
The market is in a frenzy, but don’t chase the highs. Let the technicals speak, discipline is king. This overbought pullback was precisely timed 💪
I am the random coin picker who can make money even by choosing coins at random.
If you’re directionless, remember to follow me.
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