The ZEC strategy shared earlier has now successfully taken profit. Opportunities to make easy money are often hidden in market disagreements, and $HEMI is in exactly that kind of situation right now. The daily, four-hour, and one-hour charts are all below EMA50 and EMA200. With multiple timeframes aligned to the downside, any rebound is just handing bears a better entry.
The one-hour RSI is only in the low 30s. Some people think it’s oversold and are afraid to chase the move, but I see it as proof that sellers are firmly in control. In a weak market, there’s no such thing as oversold—only weaker. Until price reclaims that short-term moving average above, the downtrend remains intact. Rebound volume is getting thinner each time, showing that buying interest is fading.
🔴 Trade direction: Short
📍 Entry range: 0.0057256 – 0.0057354
🛑 Stop loss: 0.0058317
🎯 Take profit 1: 0.0056547
🎯 Take profit 2: 0.0056042
🎯 Take profit 3: 0.0055284
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Join Uncle Xiong, and witness the gains and losses of the world.
#HEMI
Click below to trade 👇
The one-hour RSI is only in the low 30s. Some people think it’s oversold and are afraid to chase the move, but I see it as proof that sellers are firmly in control. In a weak market, there’s no such thing as oversold—only weaker. Until price reclaims that short-term moving average above, the downtrend remains intact. Rebound volume is getting thinner each time, showing that buying interest is fading.
🔴 Trade direction: Short
📍 Entry range: 0.0057256 – 0.0057354
🛑 Stop loss: 0.0058317
🎯 Take profit 1: 0.0056547
🎯 Take profit 2: 0.0056042
🎯 Take profit 3: 0.0055284
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Join Uncle Xiong, and witness the gains and losses of the world.
#HEMI
Click below to trade 👇