A fakeout occurred on the downtrend line, which is a bearish signal, and then the price dropped, forming a bearish iCH pattern indicating the presence of sellers. After that, the short-term trend lines (marked with dashed lines) were broken.
The drop in momentum is also strong, showing that sellers are firmly holding their position.
The signals support sell/short positions, so we are looking for sell/short entries.
We have identified two entry points, which should be entered using DCA (Dollar-Cost Averaging).
Targets are marked on the chart.
Hitting the stop level will invalidate this analysis.
What do you think is the best entry point? What is the best target?
This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
The drop in momentum is also strong, showing that sellers are firmly holding their position.
The signals support sell/short positions, so we are looking for sell/short entries.
We have identified two entry points, which should be entered using DCA (Dollar-Cost Averaging).
Targets are marked on the chart.
Hitting the stop level will invalidate this analysis.
What do you think is the best entry point? What is the best target?
This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
⚠️ Only important signals are posted on Telegram.
⚠️ Only important signals are posted on Telegram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
⚠️ Only important signals are posted on Telegram.
⚠️ Only important signals are posted on Telegram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
