Bias: Short while price remains below 131
The technical structure supports a bearish continuation the trend - following a confirmed Death Cross, signaling a sustained downside regime. Trend strength remains meaningful with ADX 26**, while momentum indicators reinforce the bearish bias — the 4h MACD histogram is negative and 1h RSI remains below neutral, indicating persistent short-term selling pressure.
Sentiment is strongly negative for the Datadog, aligning with the technical outlook and increasing the probability of near-term downside follow-through.
Execution plan
Entry: Keep an eye on the zone 110.24–111.55
Stoploss: c. 131.13
Primary target: 101.26
Conservative target: 101.06
Estimated duration (this is a swing trade!): 2–7 days
Estimated R:R: 1:3
Not financial advice - only trading idea.
The technical structure supports a bearish continuation the trend - following a confirmed Death Cross, signaling a sustained downside regime. Trend strength remains meaningful with ADX 26**, while momentum indicators reinforce the bearish bias — the 4h MACD histogram is negative and 1h RSI remains below neutral, indicating persistent short-term selling pressure.
Sentiment is strongly negative for the Datadog, aligning with the technical outlook and increasing the probability of near-term downside follow-through.
Execution plan
Entry: Keep an eye on the zone 110.24–111.55
Stoploss: c. 131.13
Primary target: 101.26
Conservative target: 101.06
Estimated duration (this is a swing trade!): 2–7 days
Estimated R:R: 1:3
Not financial advice - only trading idea.
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.
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.