Currency $EBAY trade alert š¹
Short-sellers: recommendation
Entry range: 111.7112-112.5175
Stop loss: 112.9654
Targets: 111.0842, 110.1883, 108.8446
Technical analysis: EBAYāthis trend is frustrating. The short-term EMA has crossed below the long-term EMA; 111.93 is being pressured by 112.10. MACD has also formed a dead cross. RSI is at 42.9, neither dead nor aliveāno oversold condition and no rebound momentum. Yes, itās bearish, but donāt expect a dramatic, satisfying collapse; itāll likely just grind down with a lingering, downward drift. Current price is 111.98, stuck near the moving averagesācanāt go up, canāt go down, exhausting. If you want to go short, you can follow, but please set your stop loss properly: donāt hold stubbornly above 112.965424. Anyway, Iām just lying back and waiting; letās talk when it truly breaks the level.
Suggested stop loss level: 112.965424. Adjust your position size according to your own risk tolerance.
#EBAY
Short-sellers: recommendation
Entry range: 111.7112-112.5175
Stop loss: 112.9654
Targets: 111.0842, 110.1883, 108.8446
Technical analysis: EBAYāthis trend is frustrating. The short-term EMA has crossed below the long-term EMA; 111.93 is being pressured by 112.10. MACD has also formed a dead cross. RSI is at 42.9, neither dead nor aliveāno oversold condition and no rebound momentum. Yes, itās bearish, but donāt expect a dramatic, satisfying collapse; itāll likely just grind down with a lingering, downward drift. Current price is 111.98, stuck near the moving averagesācanāt go up, canāt go down, exhausting. If you want to go short, you can follow, but please set your stop loss properly: donāt hold stubbornly above 112.965424. Anyway, Iām just lying back and waiting; letās talk when it truly breaks the level.
Suggested stop loss level: 112.965424. Adjust your position size according to your own risk tolerance.
#EBAY