📢 $RIVER / USDT | 🔴 SHORT | ⭐ 70%
🎯 Target: $1.0008. Will it get there?
🎯 Trading levels:
🔴 Entry: $1.071
🛑 Stop Loss: $1.11
🏁 TP1: $1.0008
🏁 TP2: $0.9618
🏁 TP3: $0.915
📈 Analysis:
The asset shows a clear bearish structure on higher timeframes, confirmed by lower highs and breaks of structure. We are currently seeing selling pressure seeking to capitalize on weakness following a break of support levels, accompanied by a notable increase in trading volume. Volatility is expanding, suggesting a strong move in the sellers’ direction.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A pattern of lower highs (LH) indicates that each new price peak is lower than the previous one, which is a common sign of a weakening trend.
#crypto #RIVER #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
🎯 Target: $1.0008. Will it get there?
🎯 Trading levels:
🔴 Entry: $1.071
🛑 Stop Loss: $1.11
🏁 TP1: $1.0008
🏁 TP2: $0.9618
🏁 TP3: $0.915
📈 Analysis:
The asset shows a clear bearish structure on higher timeframes, confirmed by lower highs and breaks of structure. We are currently seeing selling pressure seeking to capitalize on weakness following a break of support levels, accompanied by a notable increase in trading volume. Volatility is expanding, suggesting a strong move in the sellers’ direction.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A pattern of lower highs (LH) indicates that each new price peak is lower than the previous one, which is a common sign of a weakening trend.
#crypto #RIVER #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.
