For the evening session: $DRAMB / SHORT
By the end of the day, the price reached a situation: not chasing the price: a SHORT idea is forming on a pullback to the EMA20.
The main trend remains, and the price has returned to the dynamic EMA20 zone at 44.8164 and is currently holding it in the direction of the current move.
What the indicators confirm at the moment: EMA20/EMA50: 44.8164/45.6395 · RSI 46.4 · 1H ✓ · 4H ✓.
What’s happening around the signal — 2 out of 2 available higher timeframes match the direction. BTC: neutral, 1H +0.53%, 4H -0.64% — the backdrop supports the direction.
Trade levels
Entry• 44.63 USDT
TP1• 43.4589 USDT
TP2• 42.7563 USDT
TP3• 42.2879 USDT
Stop• 45.9961 USDT
R/R• 1.71
On the next reaction I’m tracking: We need a reaction from EMA20 and the impulse to return below the current price.
Capital protection: the allowed risk is set in advance, and a technical error is recognized above 45.9961. Range: 43.1–48.74. Position size is determined based on the allowed risk up to the entry.
Where would you look for a repeat entry if the first target doesn’t go with us?
#SHORT #CryptoTrading #MarketUpdate #DRAMB
By the end of the day, the price reached a situation: not chasing the price: a SHORT idea is forming on a pullback to the EMA20.
The main trend remains, and the price has returned to the dynamic EMA20 zone at 44.8164 and is currently holding it in the direction of the current move.
What the indicators confirm at the moment: EMA20/EMA50: 44.8164/45.6395 · RSI 46.4 · 1H ✓ · 4H ✓.
What’s happening around the signal — 2 out of 2 available higher timeframes match the direction. BTC: neutral, 1H +0.53%, 4H -0.64% — the backdrop supports the direction.
Trade levels
Entry• 44.63 USDT
TP1• 43.4589 USDT
TP2• 42.7563 USDT
TP3• 42.2879 USDT
Stop• 45.9961 USDT
R/R• 1.71
On the next reaction I’m tracking: We need a reaction from EMA20 and the impulse to return below the current price.
Capital protection: the allowed risk is set in advance, and a technical error is recognized above 45.9961. Range: 43.1–48.74. Position size is determined based on the allowed risk up to the entry.
Where would you look for a repeat entry if the first target doesn’t go with us?
#SHORT #CryptoTrading #MarketUpdate #DRAMB
