🔴 $ETC SHORT setup · 15m
Price just broke key short-term support levels on the fifteen-minute chart.
📍 Entry 6.951
🎯 TP 6.708 (+3.50%)
🛑 SL 7.041 (-1.30%)
⚖️ Risk / Reward 1 : 2.70
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 46.3: momentum still has room, not overextended
The breakdown below key moving averages, coupled with weakening momentum indicators, signals immediate downward pressure. The current reading suggests continued downside movement.
👀 Watch: A decisive break below the next major support zone is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price just broke key short-term support levels on the fifteen-minute chart.
📍 Entry 6.951
🎯 TP 6.708 (+3.50%)
🛑 SL 7.041 (-1.30%)
⚖️ Risk / Reward 1 : 2.70
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 46.3: momentum still has room, not overextended
The breakdown below key moving averages, coupled with weakening momentum indicators, signals immediate downward pressure. The current reading suggests continued downside movement.
👀 Watch: A decisive break below the next major support zone is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
