Potential SHORT setup on the 4H timeframe ๐
Traders, take note. On the 4H chart, weโre seeing a clear bearish structure, with momentum signals looking less than positive. The current price zone shows selling pressure taking the lead, and the marketโs reaction at recent resistance levels further supports this scenario. Iโve planned to enter in stages, manage risk carefully, and be ready to move the Stop Loss to breakeven once the first TP is hit. Remember, this is a long-term setup that requires patience. Always trade with an appropriate amount of capital and take responsibility for your own decisions.
๐ $ALPACA โ SHORT setup (ban) ๐
๐ฏ Entry zone: 0.2244 โ 0.35782
๐ Stop Loss (SL): 1.27
โ Take Profit (TP): -0.68778 / -1.667 / -2.646
(Long-term setup ยท 4H timeframe ยท enter in stages, move SL to breakeven when TP1 is hit)
For informational purposes only; not investment advice. DYOR.
#cryptotrade
Traders, take note. On the 4H chart, weโre seeing a clear bearish structure, with momentum signals looking less than positive. The current price zone shows selling pressure taking the lead, and the marketโs reaction at recent resistance levels further supports this scenario. Iโve planned to enter in stages, manage risk carefully, and be ready to move the Stop Loss to breakeven once the first TP is hit. Remember, this is a long-term setup that requires patience. Always trade with an appropriate amount of capital and take responsibility for your own decisions.
๐ $ALPACA โ SHORT setup (ban) ๐
๐ฏ Entry zone: 0.2244 โ 0.35782
๐ Stop Loss (SL): 1.27
โ Take Profit (TP): -0.68778 / -1.667 / -2.646
(Long-term setup ยท 4H timeframe ยท enter in stages, move SL to breakeven when TP1 is hit)
For informational purposes only; not investment advice. DYOR.
#cryptotrade