๐ $BR reversal watch on the 1H: RSI 33.4 oversold (turn not confirmed yet)
Why now?
โข RSI 33.4 is oversold
โข Current 1H volume is 1.44x its 20-candle average
๐ข Bias: LONG reversal attempt
๐ Entry: 0.529731 โ 0.544358
๐ Stop: 0.498648 (7.1% from entry)
๐ฏ TP1: 0.595189 (+10.8%)
๐ฏ TP2: 0.630294 (+17.4%)
๐ฏ TP3: 0.674177 (+25.5%)
๐ R:R to TP2: 2.43:1
Confirmation to look for: a 1H candle closing back above 0.544358. Until then this is a watch, not an entry.
โ ๏ธ Invalid below 0.498648. Do not chase outside the entry zone.
Is this a real turn for BR or just a pause?
#CryptoTrading
Not financial advice. Do your own research and size risk responsibly.
Why now?
โข RSI 33.4 is oversold
โข Current 1H volume is 1.44x its 20-candle average
๐ข Bias: LONG reversal attempt
๐ Entry: 0.529731 โ 0.544358
๐ Stop: 0.498648 (7.1% from entry)
๐ฏ TP1: 0.595189 (+10.8%)
๐ฏ TP2: 0.630294 (+17.4%)
๐ฏ TP3: 0.674177 (+25.5%)
๐ R:R to TP2: 2.43:1
Confirmation to look for: a 1H candle closing back above 0.544358. Until then this is a watch, not an entry.
โ ๏ธ Invalid below 0.498648. Do not chase outside the entry zone.
Is this a real turn for BR or just a pause?
#CryptoTrading
Not financial advice. Do your own research and size risk responsibly.