I’m looking down on $BEAT . 📉
Here, three timeframes are saying the same thing:
4H — down.
Daily — down.
Weekly — down.
So my plan is simple.
First, I’m waiting for a move to 0.1204 → 0.1182.
After that, I’ll see whether they take out the 0.1176 low.
If sellers push it through, the next area of interest is 0.1132.
Then 0.0972.
But I won’t be looking for an entry at the current price.
My short zone is 0.130–0.1391.
Price comes there → gets rejected → bearish confirmation appears → then I’ll consider an entry.
The stop is beyond the structure break zone.
4H closes above 0.1391 — that’s it, the short scenario is no longer valid.
And yes, $BTC is looking stronger right now. That’s exactly why I wouldn’t try to guess a long here against the structure $BEAT
Here, three timeframes are saying the same thing:
4H — down.
Daily — down.
Weekly — down.
So my plan is simple.
First, I’m waiting for a move to 0.1204 → 0.1182.
After that, I’ll see whether they take out the 0.1176 low.
If sellers push it through, the next area of interest is 0.1132.
Then 0.0972.
But I won’t be looking for an entry at the current price.
My short zone is 0.130–0.1391.
Price comes there → gets rejected → bearish confirmation appears → then I’ll consider an entry.
The stop is beyond the structure break zone.
4H closes above 0.1391 — that’s it, the short scenario is no longer valid.
And yes, $BTC is looking stronger right now. That’s exactly why I wouldn’t try to guess a long here against the structure $BEAT
