Timeframe: 1-Minute 💰 Entry: 2423.03 📉 Current Price: 2389.35 🔻 Loss: Approx. -33.68 points 🔁 Pattern: Bearish flag formation 📊 RSI (14): Showing mid-range consolidation around 47–53, no strong divergence 📉 Momentum: Downtrend continuation from bearish breakdown
Caught this clean bearish flag on the 1M chart 🧠 🔹 Entry at 2423 🔹 Price now at 2389 📉 Downtrend momentum confirmed with RSI support. ✅ Textbook breakout + flag = high probability setup. 🔁 Like if you took this trade & drop your chart in comments #ETH #Binance #BTC
Risk Management Tip: The stop loss is placed $6.99 below entry (approx. 0.28% risk), and first target is $1.58 above entry — a tight R:R on TG1. You may want to consider trailing the stop once TG1 is hit to reduce risk.
Risk Management Tip: The stop loss is placed $6.99 below entry (approx. 0.28% risk), and first target is $1.58 above entry — a tight R:R on TG1. You may want to consider trailing the stop once TG1 is hit to reduce risk.