Crypto Pair $RIVER Trading Tips 💹
Short Recommendation
Entry Range: 4.0949-4.1521
Stop Loss: 4.2300
Targets: 4.0504, 3.9869, 3.8915
Technical Analysis: Man, RIVER is moving like it's got a bad case of constipation, lingering around 4.13 for ages. Now we've got a death cross on the EMA, MACD is also showing a death cross, and the RSI is sitting at 41.5, too lazy to even pretend it's oversold. And it's still dragging its feet without dropping cleanly? The bearish trend is right in our faces; don’t expect a bounce back to 4.2 to give you an escape route. Current price at 4.114, just short it straight away, with a stop loss at 4.23. If it drops below 4.0, we’ll reassess; no need to get caught up in the sideways grind. This kind of sluggish market is the worst. If you get in, don’t hold onto your position—if it breaks 4.23, just admit defeat and walk away.
Recommended Stop Loss: 4.230000, please adjust your position size based on your risk tolerance
#RIVER
Short Recommendation
Entry Range: 4.0949-4.1521
Stop Loss: 4.2300
Targets: 4.0504, 3.9869, 3.8915
Technical Analysis: Man, RIVER is moving like it's got a bad case of constipation, lingering around 4.13 for ages. Now we've got a death cross on the EMA, MACD is also showing a death cross, and the RSI is sitting at 41.5, too lazy to even pretend it's oversold. And it's still dragging its feet without dropping cleanly? The bearish trend is right in our faces; don’t expect a bounce back to 4.2 to give you an escape route. Current price at 4.114, just short it straight away, with a stop loss at 4.23. If it drops below 4.0, we’ll reassess; no need to get caught up in the sideways grind. This kind of sluggish market is the worst. If you get in, don’t hold onto your position—if it breaks 4.23, just admit defeat and walk away.
Recommended Stop Loss: 4.230000, please adjust your position size based on your risk tolerance
#RIVER