Humble trader sharing a LAB short setup.
đŽ SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0414343 â 0.0417857
TP1: 0.0390936 (-6.0%)
TP2: 0.0374159 (-10.1%)
TP3: 0.0348995 (-16.1%)
SL: 0.0449653 (+8.1%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 7/12 signals agree, 1 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
Risk: Price is washed out, bounces are common from here (1h RSI 23.6, oversold)
Trade note: LAB
I'm watching LAB because the daily trend is bearish and the 4h trend is bearish. I want to see price respect the daily EMA50 near 0.0414343. The setup has 7 out of 12 signals aligned, which is strong, but the 1h RSI is oversold at 23.6, meaning a bounce is common from here.
Where do you take profits on a LAB short?
Chart with every level below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
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.
đŽ SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0414343 â 0.0417857
TP1: 0.0390936 (-6.0%)
TP2: 0.0374159 (-10.1%)
TP3: 0.0348995 (-16.1%)
SL: 0.0449653 (+8.1%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 7/12 signals agree, 1 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
Risk: Price is washed out, bounces are common from here (1h RSI 23.6, oversold)
Trade note: LAB
I'm watching LAB because the daily trend is bearish and the 4h trend is bearish. I want to see price respect the daily EMA50 near 0.0414343. The setup has 7 out of 12 signals aligned, which is strong, but the 1h RSI is oversold at 23.6, meaning a bounce is common from here.
Where do you take profits on a LAB short?
Chart with every level below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
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.