📢 $FIGHT / USDT | 🔴 SHORT | ⭐ 71%
🎯 Target: $0.00265811. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.002701
🛑 Stop Loss: $0.00272483
🏁 TP1: $0.00265811
🏁 TP2: $0.00263428
🏁 TP3: $0.00260569
📈 Analysis:
The market structure shows a firmly established downtrend, marked by the formation of lower highs and lower lows on the four-hour timeframe. A recent bearish breakout is supported by above-average volume, suggesting increased selling pressure. The liquidity imbalance and the market takers' buy ratio reinforce this scenario of price weakness.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish breakout occurs when the price crosses below a support level, indicating that sellers have taken control and may continue driving the price down.
#crypto #FIGHT #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision carefully.
🎯 Target: $0.00265811. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.002701
🛑 Stop Loss: $0.00272483
🏁 TP1: $0.00265811
🏁 TP2: $0.00263428
🏁 TP3: $0.00260569
📈 Analysis:
The market structure shows a firmly established downtrend, marked by the formation of lower highs and lower lows on the four-hour timeframe. A recent bearish breakout is supported by above-average volume, suggesting increased selling pressure. The liquidity imbalance and the market takers' buy ratio reinforce this scenario of price weakness.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish breakout occurs when the price crosses below a support level, indicating that sellers have taken control and may continue driving the price down.
#crypto #FIGHT #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision carefully.