Short $SPCX /USDT: Expect the price to fall
Direction: Short · Strong
Entry: 143.66765 – 143.91235
Target 1: 141.77726 (-1.4%)
Target 2: 140.43543 (-2.3%)
Target 3: 138.42268 (-3.7%)
Stop loss: 146.47366 (+1.9%)
Plan: Enter only within the range, close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1 is reached.
SPCX continues to decline within the 4-hour downtrend
Why short? 6/11 signals agree, with no opposing signals.
• The 4-hour trend is bearish (price below EMA50 and EMA200)
• The 1-hour trend is bearish (price below EMA50 and EMA200)
• Sellers are leading the move (15-minute ADX: 28.4)
$SPCX
Direction: Short · Strong
Entry: 143.66765 – 143.91235
Target 1: 141.77726 (-1.4%)
Target 2: 140.43543 (-2.3%)
Target 3: 138.42268 (-3.7%)
Stop loss: 146.47366 (+1.9%)
Plan: Enter only within the range, close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1 is reached.
SPCX continues to decline within the 4-hour downtrend
Why short? 6/11 signals agree, with no opposing signals.
• The 4-hour trend is bearish (price below EMA50 and EMA200)
• The 1-hour trend is bearish (price below EMA50 and EMA200)
• Sellers are leading the move (15-minute ADX: 28.4)
$SPCX
