A 16.1 RSI reading on the 1H chart is a stark reminder that $CC is due for a correction.
$CC - SHORT
Entry: 0.09022
SL: 0.1043
TP1: 0.08319
TP2: 0.07616
TP3: 0.06913
⚠️ Move SL to Breakeven once TP1 is hit !!!
The 1H chart is flashing a compelling SHORT signal, with volatility compression hinting at an imminent expansion.
On a higher timeframe, the 1D chart confirms the bearish bias, with price trading below its EMA50 - our 1H SHORT trade is moving in tandem with this broader trend.
Can $CC really sustain a rally in the face of such a bearish landscape?
Click here to Trade 👇
$CC - SHORT
Entry: 0.09022
SL: 0.1043
TP1: 0.08319
TP2: 0.07616
TP3: 0.06913
⚠️ Move SL to Breakeven once TP1 is hit !!!
The 1H chart is flashing a compelling SHORT signal, with volatility compression hinting at an imminent expansion.
On a higher timeframe, the 1D chart confirms the bearish bias, with price trading below its EMA50 - our 1H SHORT trade is moving in tandem with this broader trend.
Can $CC really sustain a rally in the face of such a bearish landscape?
Click here to Trade 👇