Manuel Y
69 Posts
Manuel Y
Open Trade
High-Frequency Trader
2.5 Years
5 Following
95 Followers
144 Liked
Posts
Portfolio
All
Quotes
Live
Manuel Y
·
--
Chasing rejection in resistance, Short (6x). After reaching a maximum of 24h at 0.19168, the price of $AIN began to show weakness and rejection at the top.
We entered at 0.18214 after confirming the bearish candlestick pattern on short timeframes (you can see the sell markers on the chart).
RSI(6) is balanced around the 43-point area, which gives room for the price to continue correcting toward the lower support.
We have a projected Take Profit (TP) near the previous liquidity zone (0.16120), where the estimated PnL would add +1.59. Discipline in trading in line with the structure and not chasing the price when it is overbought pays off.
For now, the trade is in profit! 🟢What do you think about AIN’s move for the next few hours? Do you think it will find support at 0.16 or bounce before? I’m reading your comments. 👇#BinanceFutures #CryptoTradingInsights #TechnicalAnalysis #trading #ShortPositionAdjustment
We entered at 0.18214 after confirming the bearish candlestick pattern on short timeframes (you can see the sell markers on the chart).
RSI(6) is balanced around the 43-point area, which gives room for the price to continue correcting toward the lower support.
We have a projected Take Profit (TP) near the previous liquidity zone (0.16120), where the estimated PnL would add +1.59. Discipline in trading in line with the structure and not chasing the price when it is overbought pays off.
For now, the trade is in profit! 🟢What do you think about AIN’s move for the next few hours? Do you think it will find support at 0.16 or bounce before? I’m reading your comments. 👇#BinanceFutures #CryptoTradingInsights #TechnicalAnalysis #trading #ShortPositionAdjustment
Log in to explore more content