USELESS down 1.7 ATR from its 1h EMA50.
🔴 SHORT $USELESS /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.1873143 – 0.1883657
TP1: 0.1803973 (-4.0%)
TP2: 0.1754355 (-6.6%)
TP3: 0.1679927 (-10.6%)
SL: 0.1977636 (+5.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? What I checked: 8/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 47.0)
Watch: The idea is wrong if price reaches the stop at 0.1977636
Bottom line: The 4h trend is down and sellers are driving the move; the daily trend is range-bound and this bias is only in a shorter timeframe.
What level would make you take the other side?
Levels mapped on the chart below.
🔴 SHORT $USELESS /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.1873143 – 0.1883657
TP1: 0.1803973 (-4.0%)
TP2: 0.1754355 (-6.6%)
TP3: 0.1679927 (-10.6%)
SL: 0.1977636 (+5.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? What I checked: 8/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 47.0)
Watch: The idea is wrong if price reaches the stop at 0.1977636
Bottom line: The 4h trend is down and sellers are driving the move; the daily trend is range-bound and this bias is only in a shorter timeframe.
What level would make you take the other side?
Levels mapped on the chart below.