DOWN CRCLBUSDT SHORT
Entry zone:
61.4800 - 61.5800
Current follow-up price:
61.4800
R-style targets:
TP1: 61.1500 (1R)
TP2: 60.8300 (2R)
TP3: 60.5000 (3R)
Stop loss:
61.8100
Risk/Reward ratio up to TP2:
1:2
Reason for entry:
Overall trend is bearish on 4H and 1H: EMA50 below EMA200 + entry after a nearby pullback to EMA20/EMA50, not selling after a late, extended drop + bearish candle confirmation with volume 6.1x + strong ADX at 37.4 and healthy RSI for the short at 41.3
Educational content, not financial advice. Risk management is more important than entry.
#CRCLB #CRCLBUSDT #CryptoTrading
Entry zone:
61.4800 - 61.5800
Current follow-up price:
61.4800
R-style targets:
TP1: 61.1500 (1R)
TP2: 60.8300 (2R)
TP3: 60.5000 (3R)
Stop loss:
61.8100
Risk/Reward ratio up to TP2:
1:2
Reason for entry:
Overall trend is bearish on 4H and 1H: EMA50 below EMA200 + entry after a nearby pullback to EMA20/EMA50, not selling after a late, extended drop + bearish candle confirmation with volume 6.1x + strong ADX at 37.4 and healthy RSI for the short at 41.3
Educational content, not financial advice. Risk management is more important than entry.
#CRCLB #CRCLBUSDT #CryptoTrading