ONG 1h bearish stack with sellers in control
đ´ SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT ¡ Leaning
Entry: 0.0891171 â 0.0892229
TP1: 0.0882309 (-1.1%)
TP2: 0.0876048 (-1.8%)
TP3: 0.0866657 (-2.8%)
SL: 0.0904221 (+1.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 6 signals only. Smaller size, hard stop.
Why SHORT? Leaning call, 6/12 signals agree, 1 against, 5 undecided.
⢠1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
⢠Trend strength (ADX/DI, 15m): ADX 32.4 with sellers in control (DI+ 8.3 vs DIâ 34.6) â sellers are driving the move
⢠4h RSI: 41.1, bearish momentum (below 45) â sellers have the momentum
Risk: Daily trend: price > EMA50 > EMA200, bullish stack â the big-picture trend is up
The reasoning:
ONG is in a counter-trend setup against the daily bullish trend, so this is a reversal bet and riskier than a trend-following trade. The 1h price sits below both the EMA50 and EMA200, and the 1h RSI at 34.3 shows bearish momentum. Size down and respect the stop because the higher-timeframe trend still runs against you. The strongest supporting signal is the 1h bearish EMA stack with sellers driving the move, while the main risk is the daily bullish trend still in place. Conviction is moderate with 6 out of 12 signals aligned.
What is your invalidation level for this short, and would you wait for a daily close below the EMA200 before entering?
Levels mapped on the chart below.
đ˛ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ď¸ Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
đ´ SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT ¡ Leaning
Entry: 0.0891171 â 0.0892229
TP1: 0.0882309 (-1.1%)
TP2: 0.0876048 (-1.8%)
TP3: 0.0866657 (-2.8%)
SL: 0.0904221 (+1.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 6 signals only. Smaller size, hard stop.
Why SHORT? Leaning call, 6/12 signals agree, 1 against, 5 undecided.
⢠1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
⢠Trend strength (ADX/DI, 15m): ADX 32.4 with sellers in control (DI+ 8.3 vs DIâ 34.6) â sellers are driving the move
⢠4h RSI: 41.1, bearish momentum (below 45) â sellers have the momentum
Risk: Daily trend: price > EMA50 > EMA200, bullish stack â the big-picture trend is up
The reasoning:
ONG is in a counter-trend setup against the daily bullish trend, so this is a reversal bet and riskier than a trend-following trade. The 1h price sits below both the EMA50 and EMA200, and the 1h RSI at 34.3 shows bearish momentum. Size down and respect the stop because the higher-timeframe trend still runs against you. The strongest supporting signal is the 1h bearish EMA stack with sellers driving the move, while the main risk is the daily bullish trend still in place. Conviction is moderate with 6 out of 12 signals aligned.
What is your invalidation level for this short, and would you wait for a daily close below the EMA200 before entering?
Levels mapped on the chart below.
đ˛ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ď¸ Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
