#币安人生
Reviewing short-term short-selling opportunities on Binance:
Conditions for short-selling:
1. The speculative expectation from last night to today has risen by over 50%, and the market is weak with a demand for correction.
2. The daily line has rebounded to the resistance zone where the previous triangle was broken.
3. An overcast top bearish pattern appears on the 4-hour chart; at 16:00, the closing of the 4-hour candle indicates a prediction of at least one more drop 📉 in the next 4-hour K-line.
4. On the 15-minute chart, the K-line at 18:00, marked as position 1 in the third image, breaking down with increased volume is an opportunity for short-selling on the right side. The first target position for taking profit is considered at the 15-minute ema200 support at 0.1150, as breaking a moving average will push the price to the next moving average to seek support. There is a profit space of 6-7 points here.
If the price reaches around 0.107-106, it is a relatively good short-term entry position for longs.
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