2026-06-18 09:54 UTC
Scenario evidence 5 markers Open evidence Close evidence
Price reached a local high but failed to sustain above it, indicating a failed breakout.
Evidence The high on 2026-06-06 at 64613.0 was not sustained, leading to a retracement.
Price formed a high with significant upper wick, suggesting selling pressure.
Evidence The candle on 2026-06-14 had a high of 67264.0 with a long upper wick.
Price is currently retracing and testing lower levels after the failed breakout.
Evidence The low on 2026-06-16 at 63788.0 is part of the retracement move.
High volume on a large down day indicates potential selling climax.
Evidence Volume on 2026-06-04 was significantly above average with a large price drop.
Increased volume during retracement suggests active participation.
Evidence Volume on 2026-06-16 was above the 20-day average during the retracement.
Transaction ticket SHORT Open ticket Close ticket
- Entry
- 64423.78
- Current
- 64423.78
- SL
- 64613.00
- TP
- 60708.92
BTCUSD is retracing after a failed breakout attempt, with key resistance at 64613.0 and support at 60708.92.
OPEN SHORT
Initiating a short position due to bearish signals from a failed breakout and retracement.
Price
64423.78
PnL
0.00%
Side
SHORT
Initiating a short position due to bearish signals from a failed breakout and retracement.
OPEN SHORT
Initiating a short position due to bearish signals from a failed breakout and retracement.
The market is showing signs of weakness after a failed breakout attempt at 64613.0, with price retracing and testing lower levels. The increased volume during the retracement suggests active selling pressure, supporting a bearish outlook.
Stop loss set above the failed breakout level to protect against a reversal. Take profit set near the support zone to capture potential downside.
- Failed breakout at 64613.0 indicates resistance and potential for further downside.
- Increased volume on 2026-06-16 during retracement suggests active selling pressure.
- Price is currently below the key resistance level of 64613.0, reinforcing bearish sentiment.
Monitor if price holds above the support zone or breaks below for further downside.




