WIF is below a bearish flag on the 4-hour chart
🔴 Short $WIF /USDT: Price is expected to decline
Bias: Short · Strong
Entry: 0.1899983 – 0.1906017
TP1: 0.1851244 (-2.7%)
TP2: 0.1816740 (-4.5%)
TP3: 0.1764984 (-7.3%)
Stop loss: 0.1972008 (+3.6%)
Plan: Enter only within the range, close 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry price after TP1.
Why short? What I checked: 7/12 indicators support it, and none oppose it.
• 4-hour trend is bearish (price below EMA50 and EMA200)
• 1-hour trend is bearish (price below EMA50 and EMA200)
• Sellers are driving the move (15-minute ADX at 33.0)
Note: The idea is invalidated if the price reaches the stop-loss level at 0.1972008$WIF
$WIF
🔴 Short $WIF /USDT: Price is expected to decline
Bias: Short · Strong
Entry: 0.1899983 – 0.1906017
TP1: 0.1851244 (-2.7%)
TP2: 0.1816740 (-4.5%)
TP3: 0.1764984 (-7.3%)
Stop loss: 0.1972008 (+3.6%)
Plan: Enter only within the range, close 50% at TP1, 25% at TP2, and 25% at TP3, and move the stop loss to the entry price after TP1.
Why short? What I checked: 7/12 indicators support it, and none oppose it.
• 4-hour trend is bearish (price below EMA50 and EMA200)
• 1-hour trend is bearish (price below EMA50 and EMA200)
• Sellers are driving the move (15-minute ADX at 33.0)
Note: The idea is invalidated if the price reaches the stop-loss level at 0.1972008$WIF
$WIF