Coin: $BTCDOM
Forecast: 🔴 SHORT SHORT
Entry: 5314.4
🎯 Take-profit: 5208.2
🛑 Stop-loss: 6643.0
We place hidden (shadow) stop orders. We trade according to the trend with strict risk management.
💡 Analysis:
After an upward impulse, the price removed liquidity from the highs and received a strong sell-side reaction. The EMA200 level (5358.5) and VWAP (1740.0) now act as resistance. On a break and retest of 5314.4 to the downside, a short looks the most logical.
#BTCDOM #CryptoSignals #Trading #BinanceSquare
Forecast: 🔴 SHORT SHORT
Entry: 5314.4
🎯 Take-profit: 5208.2
🛑 Stop-loss: 6643.0
We place hidden (shadow) stop orders. We trade according to the trend with strict risk management.
💡 Analysis:
After an upward impulse, the price removed liquidity from the highs and received a strong sell-side reaction. The EMA200 level (5358.5) and VWAP (1740.0) now act as resistance. On a break and retest of 5314.4 to the downside, a short looks the most logical.
#BTCDOM #CryptoSignals #Trading #BinanceSquare