๐๐๐ฒ๐ฟ๐ ๐ผ๐๐ฒ๐ฟ๐ฏ๐ผ๐๐ด๐ต๐ ๐๐ถ๐ด๐ป๐ฎ๐น ๐ถ๐ ๐ณ๐น๐ฎ๐๐ต๐ถ๐ป๐ด ๐ฎ๐ ๐ผ๐ป๐ฐ๐ฒ. ๐
๐ด Opening short on $ALLO
๐ Entry: 0.3400 to 0.3500
๐ฏ TP1: 0.3045
๐ฏ TP2: 0.2681
๐ฏ TP3: 0.2341
๐ Stop Loss: 0.3700
Potential reward-to-risk: approximately 1.8R / 3.6R / 5.6R
RSI at 94. StochRSI at 100. Wm%R at -1.
Three overbought signals maxed out at the same time.
Price is above the upper Bollinger band at 0.3319.
MA7 sits at 0.3045 โ that's the first magnet if this cools.
If 0.3045 breaks, MA25 at 0.2681 is next.
Use 3xโ4x leverage. A close above 0.3700 invalidates this short. Is this the blowoff top, or is there one more push left?
๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐ต๐ฒ๐ฟ๐ฒ ๐๐ป
#ALLOUSDT #Crypto #Trading #short
๐ด Opening short on $ALLO
๐ Entry: 0.3400 to 0.3500
๐ฏ TP1: 0.3045
๐ฏ TP2: 0.2681
๐ฏ TP3: 0.2341
๐ Stop Loss: 0.3700
Potential reward-to-risk: approximately 1.8R / 3.6R / 5.6R
RSI at 94. StochRSI at 100. Wm%R at -1.
Three overbought signals maxed out at the same time.
Price is above the upper Bollinger band at 0.3319.
MA7 sits at 0.3045 โ that's the first magnet if this cools.
If 0.3045 breaks, MA25 at 0.2681 is next.
Use 3xโ4x leverage. A close above 0.3700 invalidates this short. Is this the blowoff top, or is there one more push left?
๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐ต๐ฒ๐ฟ๐ฒ ๐๐ป
#ALLOUSDT #Crypto #Trading #short
