📢 $RIVER / USDT | 🔴 SHORT | ⭐ 72%
🎯 Goal: $1,127.13565. Does it achieve it?
🎯 Trading levels:
🔴 Entry: $1.168
🛑 Stop Loss: $1.1907
🏁 TP1: $1.1271
🏁 TP2: $1.1044
🏁 TP3: $1.0772
📈 Analysis:
The market structure shows a clear bearish trend across multiple timeframes, confirmed by the formation of lower highs. The recent breakdown of support at 1.18, accompanied by a 64.9% increase in volume, suggests strong selling pressure. With the Relative Strength Index (RSI) at low levels and the MACD showing weakness, sellers maintain control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Relative volume measures how much more an asset is being traded compared to its recent average; a value above 1 indicates unusually high activity, which often confirms the strength of a breakout.
#crypto #RIVER #trading #Bearish
💡 This analysis is for educational purposes only and does not constitute financial advice. Do your own research and decide calmly.
🎯 Goal: $1,127.13565. Does it achieve it?
🎯 Trading levels:
🔴 Entry: $1.168
🛑 Stop Loss: $1.1907
🏁 TP1: $1.1271
🏁 TP2: $1.1044
🏁 TP3: $1.0772
📈 Analysis:
The market structure shows a clear bearish trend across multiple timeframes, confirmed by the formation of lower highs. The recent breakdown of support at 1.18, accompanied by a 64.9% increase in volume, suggests strong selling pressure. With the Relative Strength Index (RSI) at low levels and the MACD showing weakness, sellers maintain control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 Relative volume measures how much more an asset is being traded compared to its recent average; a value above 1 indicates unusually high activity, which often confirms the strength of a breakout.
#crypto #RIVER #trading #Bearish
💡 This analysis is for educational purposes only and does not constitute financial advice. Do your own research and decide calmly.
