$1000SATS
⌛15 MIN Timeframe⌛
📈 Trend Direction (Futures): Bearish Downtrend
💰 Entry Price: Between 0.0000490 - 0.0000495
🎯 Targets:
🥇 0.0000485
🥈 0.0000480
🥉 0.0000475
🛑 Stop Loss🫸 : 0.0000510
📢 LEVERAGE X5-X10 🔥
🔧 Analysis Equipment:
◽ MA(7, 99, 200): MA(7) below MA(99) and MA(200), bearish cross.
◽ MACD: Bearish divergence, momentum decreasing significantly.
◽ RSI(14): Currently at 34.64, approaching oversold, potential bounce.
◽ K% (Stochastic): No clear K% (Stochastic) provided in image.
◽ CCI : -96.95, indicating strong bearish momentum.
◽ Order book : Sell orders outweigh buy orders, bearish pressure.
💧 Liquidity: Moderate Liquidity.
🗞️News Sentiment: Recent news on 1000SATS shows cautious sentiment due to overall market volatility and Bitcoin's performance, but some look for potential rallies.
📝 NOTE: 1000SATS shows strong bearish momentum on the 15m chart, confirmed by MACD and CCI. RSI is approaching oversold, hinting at potential short-term bounce risk.
#Write2Earn #3ALA2 $1000SATS 1000SATS #MerlinTradingCompetition