LSK continues to decline within a clear bearish structure.
🔴 SELL $LSK /USDT: price is expected to FALL
Trend: SELL · Strong
Entry: 0.189432 – 0.190248
TP1: 0.182414 (-3.9%)
TP2: 0.177464 (-6.5%)
TP3: 0.170039 (-10.4%)
SL: 0.199741 (+5.2%)
Plan: enter only within this range, take profit on 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry point after TP1.
Why SELL? 6/12 signals agree, with 0 opposing signals.
• 4h trend is bearish (price below EMA50 and EMA200)
• 1h trend is bearish (price below EMA50 and EMA200)
• Sellers are dominating momentum (15m ADX is 25.4)
Trade note: LSK
I am waiting for an opportunity to enter a short position. The 4h trend shows that price is below EMA50, and EMA50 is below EMA200, forming a bearish structure; the 1h trend is similar, meaning both the medium- and short-term trends are bearish. Before entering at the expected price, I want to see price stay below EMA50 on the 1h timeframe; the trade's SL will be the level that invalidates my view.
What price level would make you consider this trade thesis invalid?
🔴 SELL $LSK /USDT: price is expected to FALL
Trend: SELL · Strong
Entry: 0.189432 – 0.190248
TP1: 0.182414 (-3.9%)
TP2: 0.177464 (-6.5%)
TP3: 0.170039 (-10.4%)
SL: 0.199741 (+5.2%)
Plan: enter only within this range, take profit on 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry point after TP1.
Why SELL? 6/12 signals agree, with 0 opposing signals.
• 4h trend is bearish (price below EMA50 and EMA200)
• 1h trend is bearish (price below EMA50 and EMA200)
• Sellers are dominating momentum (15m ADX is 25.4)
Trade note: LSK
I am waiting for an opportunity to enter a short position. The 4h trend shows that price is below EMA50, and EMA50 is below EMA200, forming a bearish structure; the 1h trend is similar, meaning both the medium- and short-term trends are bearish. Before entering at the expected price, I want to see price stay below EMA50 on the 1h timeframe; the trade's SL will be the level that invalidates my view.
What price level would make you consider this trade thesis invalid?