$DEXE: WAIT - price sits mid-range with no trigger yet.
What happened: price swung between 1.175 and 1.324 for a week. Bitcoin fell hard and closed near its lows, so rallies are for selling.
Entry: 1.321 only if price taps the ceiling and an hour candle closes back under 1.324.
Stop loss: 1.341, about 1.5% above entry.
Target 1: 1.250, gives 2.8 times the risk. Target 2: 1.175, gives 5.9 times the risk.
Avoid longs here, the weak market punishes chasing.
What cancels the idea: an hour candle closes above 1.324 twice, or price falls to 1.175 first.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
What happened: price swung between 1.175 and 1.324 for a week. Bitcoin fell hard and closed near its lows, so rallies are for selling.
Entry: 1.321 only if price taps the ceiling and an hour candle closes back under 1.324.
Stop loss: 1.341, about 1.5% above entry.
Target 1: 1.250, gives 2.8 times the risk. Target 2: 1.175, gives 5.9 times the risk.
Avoid longs here, the weak market punishes chasing.
What cancels the idea: an hour candle closes above 1.324 twice, or price falls to 1.175 first.
#write2earn #trade #tradesetup
Reply with your coin you want analysis on.
