📢 $BERA / USDT | 🔴 SHORT | ⭐ 81%
🎯 Target: $0.16645414. Will it reach it?
🎯 Trade levels:
🔴 Entry: $0.1715
🛑 Stop Loss: $0.174303
🏁 TP1: $0.166454
🏁 TP2: $0.163651
🏁 TP3: $0.160287
📈 Analysis:
The market structure shows a clear downtrend, with lower-high patterns on the 4-hour timeframe. Trading volume has increased significantly, exceeding its usual average and accompanying the current selling pressure. With a long-to-short position ratio of 0.64, sellers remain in control as the price attempts to break key support levels.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A lower-high (LH) pattern indicates that each new price peak is lower than the previous one, which is a common sign of weakness in a downtrend.
#crypto #BERA #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
🎯 Target: $0.16645414. Will it reach it?
🎯 Trade levels:
🔴 Entry: $0.1715
🛑 Stop Loss: $0.174303
🏁 TP1: $0.166454
🏁 TP2: $0.163651
🏁 TP3: $0.160287
📈 Analysis:
The market structure shows a clear downtrend, with lower-high patterns on the 4-hour timeframe. Trading volume has increased significantly, exceeding its usual average and accompanying the current selling pressure. With a long-to-short position ratio of 0.64, sellers remain in control as the price attempts to break key support levels.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A lower-high (LH) pattern indicates that each new price peak is lower than the previous one, which is a common sign of weakness in a downtrend.
#crypto #BERA #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.