๐ Trade Details:
Entry Type: Short / Sell ๐ด
Entry Price: Between 0.3811 and 0.3850 (or current price).
๐ฏ Targets (Take Profit):
First Target: 0.3620 (Partial profit taking).
Second Target: 0.3500 (Bollinger Band midline).
Third Target: 0.3340 (Key support level).
๐ก๏ธ Risk Management (Stop Loss):
Close of 4-hour candlestick above level: 0.4020 (Absolutely crucial to stick to the stop loss to avoid a reversal).
๐ก Technical Notes:
StochRSI is trading above 94, indicating that the temporary bullish momentum is nearing its end.
The price is currently trading outside the upper Bollinger Band, and it often retraces to the midline.
Alert: Trading involves high risks, make sure to use appropriate leverage for your portfolio. Good luck to everyone! ๐๐ธ
#Binance #Trading #ShortSignal #crypto
Entry Type: Short / Sell ๐ด
Entry Price: Between 0.3811 and 0.3850 (or current price).
๐ฏ Targets (Take Profit):
First Target: 0.3620 (Partial profit taking).
Second Target: 0.3500 (Bollinger Band midline).
Third Target: 0.3340 (Key support level).
๐ก๏ธ Risk Management (Stop Loss):
Close of 4-hour candlestick above level: 0.4020 (Absolutely crucial to stick to the stop loss to avoid a reversal).
๐ก Technical Notes:
StochRSI is trading above 94, indicating that the temporary bullish momentum is nearing its end.
The price is currently trading outside the upper Bollinger Band, and it often retraces to the midline.
Alert: Trading involves high risks, make sure to use appropriate leverage for your portfolio. Good luck to everyone! ๐๐ธ
#Binance #Trading #ShortSignal #crypto