1h chart analysis
$DOT Guys risky zone for short trade so, for surity read this then enter into market . ..
Current price: ~0.958
Timeframe: 1H
The chart is still in a strong uptrend, so I would not short immediately. Price has pulled below the 9 EMA, but the 26 EMA is still well below price.
Safer short setup:
🔴 Entry: 0.950–0.960 after a bearish confirmation/retest
🛑 Stop Loss: 0.985
🎯 TP1: 0.940
🎯 TP2: 0.928
🎯 TP3: 0.910
Key trigger: A 1H candle closing below 0.950, followed by a failed retest of 0.950–0.960, would make the short setup stronger.
#tecnicalanalayist863 #write2earnonbinancesquare #cryptopulsedesk
$ENA
$ZAMA
$DOT Guys risky zone for short trade so, for surity read this then enter into market . ..
Current price: ~0.958
Timeframe: 1H
The chart is still in a strong uptrend, so I would not short immediately. Price has pulled below the 9 EMA, but the 26 EMA is still well below price.
Safer short setup:
🔴 Entry: 0.950–0.960 after a bearish confirmation/retest
🛑 Stop Loss: 0.985
🎯 TP1: 0.940
🎯 TP2: 0.928
🎯 TP3: 0.910
Key trigger: A 1H candle closing below 0.950, followed by a failed retest of 0.950–0.960, would make the short setup stronger.
#tecnicalanalayist863 #write2earnonbinancesquare #cryptopulsedesk
$ENA
$ZAMA