META under EMA50 and EMA200 on the 4h chart
đŽ SHORT $META /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 636.12063 â 639.47937
TP1: 619.81836 (-2.8%)
TP2: 607.83060 (-4.7%)
TP3: 589.84896 (-7.5%)
SL: 661.77552 (+3.8%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 1 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 20.3)
Risk: Buyers have the momentum (1h RSI 59.6)
META in 3 points:
1/3 The 4h trend shows price below EMA50 below EMA200, a bearish stack indicating the swing trend is down.
2/3 The 1h trend mirrors this with price below EMA50 below EMA200, keeping the short-term trend down.
3/3 A 1h RSI at 59.6 shows bullish momentum above 55, which would invalidate the short if sustained.
What level would make you ignore this short?
đŽ SHORT $META /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 636.12063 â 639.47937
TP1: 619.81836 (-2.8%)
TP2: 607.83060 (-4.7%)
TP3: 589.84896 (-7.5%)
SL: 661.77552 (+3.8%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 1 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 20.3)
Risk: Buyers have the momentum (1h RSI 59.6)
META in 3 points:
1/3 The 4h trend shows price below EMA50 below EMA200, a bearish stack indicating the swing trend is down.
2/3 The 1h trend mirrors this with price below EMA50 below EMA200, keeping the short-term trend down.
3/3 A 1h RSI at 59.6 shows bullish momentum above 55, which would invalidate the short if sustained.
What level would make you ignore this short?
