PORTAL is leaning down on stacked EMAs.
🔴 SHORT $PORTAL /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0133975 – 0.0134425
TP1: 0.0130926 (-2.4%)
TP2: 0.0128743 (-4.1%)
TP3: 0.0125469 (-6.5%)
SL: 0.0138565 (+3.3%)
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? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 20.4)
Risk: BTC is rising, this coin follows (corr 0.63)
The reasoning:
The 1h and 4h trends both show bearish stacks with price below EMA50 and EMA200. Sellers are in control with ADX 20.4 and RSI near 35 on both timeframes. The daily trend is mixed and BTC is rising with 0.63 correlation, which is the main risk.
Where would you place your stop for this trade?
🔴 SHORT $PORTAL /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0133975 – 0.0134425
TP1: 0.0130926 (-2.4%)
TP2: 0.0128743 (-4.1%)
TP3: 0.0125469 (-6.5%)
SL: 0.0138565 (+3.3%)
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? 5/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 20.4)
Risk: BTC is rising, this coin follows (corr 0.63)
The reasoning:
The 1h and 4h trends both show bearish stacks with price below EMA50 and EMA200. Sellers are in control with ADX 20.4 and RSI near 35 on both timeframes. The daily trend is mixed and BTC is rising with 0.63 correlation, which is the main risk.
Where would you place your stop for this trade?
