Did you go short when I told you? Follow me and share for more strategies 👌
$GENIUS
$ZEC
$XRP
#CryptoStrategy
$GENIUS
$ZEC
$XRP
#CryptoStrategy
Post
VictorManuel7
·
--
📉 Genius Under Pressure at Resistance! Rejection at $0.67: Is Profit-Taking Coming? 🐻🔥💰
Attention, Traders! $GENIUS has hit a local high at $0.6734, but the bears have immediately shown up to defend the zone. Despite a +10.4% rise, the price is showing signs of exhaustion at the top of the 1H channel. We're looking for a quick pullback towards the moving averages!
🔵 TRADING PLAN (SHORT)
➡️ Entry Zone (Sell at Resistance): $0.6700 - $0.6734 We aim to trigger the Short exactly at the rejection point of the previous wick to maximize profit.
🛑 Stop Loss (SL): $0.6850 Strict limit set above the psychological resistance. If the price exceeds this level, the bullish momentum continues, and we close the position.
🎯 TP1 (Quick Profit): $0.6240 First target at the 1H EMA 9. A key zone to secure partial profits.
🎯 TP2 (Maximum Profit): $0.5768 - $0.5655 Ambitious target looking for the base of the current momentum and the low of the last 24 hours.
CONSENSUS ANALYSIS: Although the moving averages still maintain a bullish slope, the RSI at 63.97 is touching a zone where historically the price tends to breathe and correct. If buying volume starts to decrease at $0.67, the downward move is guaranteed. Risk Management Before Profit!
🔔 FOLLOW ME and SHARE for more counter-trend analyses and live signals!
#GENIUS #Short #Futuros #TradingView #BinanceSquare #CryptoSignal 📉
$XRP
$BTC
Attention, Traders! $GENIUS has hit a local high at $0.6734, but the bears have immediately shown up to defend the zone. Despite a +10.4% rise, the price is showing signs of exhaustion at the top of the 1H channel. We're looking for a quick pullback towards the moving averages!
🔵 TRADING PLAN (SHORT)
➡️ Entry Zone (Sell at Resistance): $0.6700 - $0.6734 We aim to trigger the Short exactly at the rejection point of the previous wick to maximize profit.
🛑 Stop Loss (SL): $0.6850 Strict limit set above the psychological resistance. If the price exceeds this level, the bullish momentum continues, and we close the position.
🎯 TP1 (Quick Profit): $0.6240 First target at the 1H EMA 9. A key zone to secure partial profits.
🎯 TP2 (Maximum Profit): $0.5768 - $0.5655 Ambitious target looking for the base of the current momentum and the low of the last 24 hours.
CONSENSUS ANALYSIS: Although the moving averages still maintain a bullish slope, the RSI at 63.97 is touching a zone where historically the price tends to breathe and correct. If buying volume starts to decrease at $0.67, the downward move is guaranteed. Risk Management Before Profit!
🔔 FOLLOW ME and SHARE for more counter-trend analyses and live signals!
#GENIUS #Short #Futuros #TradingView #BinanceSquare #CryptoSignal 📉
$XRP
$BTC
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.