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AutomatedTradingAlgorithms
Oct 4, 2023 12:02 PM

Bearish set-up on STORJUSDT Short

Storj / TetherUSBinance

Description

Reasons for short:
- Head and Shoulders formation
- Bearish Divergence on RSI
- Bearish reversal signal on FRSI
- Price crossed below the whipsaw-resistant trend cloud signalling the beginning of a potential downtrend

Levels:
Entry - $0.4687
Take Profit - $0.3267
Stop Loss - $0.4999
More