BTCUSDT short hit TP2. Spot moved +1.44% in about 8h 11m. Trade closed as planned. Always manage your risk and size positions carefully. đđŻ
612 Ceros
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Range days can hide sharp drops
$BNB /USDT: NO TRADE YET, waiting for one side to break Bias: NEUTRAL · 2 bullish vs 3 bearish
Two scenarios, no position yet: LONG on a 1h close above 779.600 â targets 789.410 / 795.949 / 805.758, stop 766.521 SHORT on a 1h close below 758.180 â targets 748.371 / 741.831 / 732.022, stop 771.259 In between (2.8% wide): no edge, no trade.
Technical read: NEUTRAL. 2 of 12 signals bullish, 3 bearish, 7 undecided. For the bulls: âą Daily trend: price > EMA50 > EMA200, bullish stack â the big-picture trend is up âą Distance from 1h EMA50: â3.2 ATR from the 1h EMA50, overextended with bounce risk â price fell far below its average, a bounce is likely For the bears: âą Trend strength (ADX/DI, 15m): ADX 57.9 with sellers in control (DI+ 13.0 vs DIâ 36.7) â sellers are driving the move âą BTC backdrop: BTC trend is bearish and correlation is 0.85 â BTC is falling and this coin tends to follow
Why I'm flat: There is no edge right now. The strongest bullish factor is the daily trend: price is above the EMA50 and EMA200 in a bullish stack, meaning the big picture is up. The strongest bearish factor is 15m trend strength with ADX at 57.9 and sellers in control, meaning sellers are driving the move. A 1h close above 779.600 would signal a long. A 1h close below 758.180 would signal a short. The invalidation level is 755.568.
Which trigger level do you see first, 779.600 or 758.180?
Full setup on the chart below.
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â ïž 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.