🚨 A bearish candle on 3.1x volume smashed straight through.
$BTW 15m, price plunged to 1.6933.
The MACD histogram just turned positive, but the fast and slow lines are still firmly below the zero line.🔥
3 conditions have lit up, but 1 is still dark—this trade is incomplete.
Oversold in a bearish trend, I’m not jumping in now. I’ll place a limit order and wait for the knife to keep falling.
1.4890 is my entry, with a stop-loss at 1.4875. If it breaks by 0.10%, I’ll cancel the order and walk away.
If it doesn’t fill within 20 15m candles, I’ll cancel when it expires.⏰
⚠️ The biggest danger with countertrend scalping is thinking “it’s fallen so much, it must be an opportunity.”
What do you think—is the histogram turning positive while the lines are still underwater a genuine signal?
#ETH #BTC $ETH $BTC
$BTW 15m, price plunged to 1.6933.
The MACD histogram just turned positive, but the fast and slow lines are still firmly below the zero line.🔥
3 conditions have lit up, but 1 is still dark—this trade is incomplete.
Oversold in a bearish trend, I’m not jumping in now. I’ll place a limit order and wait for the knife to keep falling.
1.4890 is my entry, with a stop-loss at 1.4875. If it breaks by 0.10%, I’ll cancel the order and walk away.
If it doesn’t fill within 20 15m candles, I’ll cancel when it expires.⏰
⚠️ The biggest danger with countertrend scalping is thinking “it’s fallen so much, it must be an opportunity.”
What do you think—is the histogram turning positive while the lines are still underwater a genuine signal?
#ETH #BTC $ETH $BTC
