Short-trade
US500 || Going Short || Week6Series of LLs and LHs >>> DownTrend
LH @ 0.382 of fab retracement
Going Short
Inverted Hammer @ LH
MATIC SHORT 1 HOUR TIME FRAMEHello and good morning/night depending on where you are reading this!
We all saw that MATIC pump towards the upside today. But it has barely any support at the top, and it seems that we have established a new resistance line on the 1 hour timeframe: 1.1778 and a new support line at 1.09. It is looking like MATIC is going to consolidate at around the support line. I think MATIC is a great buy this upcoming month but not before it has built more support.
So here is my short trade on MATIC:
ENTRY: 1.1600
TP1: 1.13
TP2: 1.10
TP3: 1.06
Do not take this as financial advice, I'm just sharing my thoughts on it. What do you guys think as I am always looking for input! If you found this useful please consider liking :)
Have a great day rest of your day :)
- The Stallion
SAND short with GREAT RISK-REWARDSand is incredibly bearish. There is nothing about this chart that suggests this asset will gain value any time soon.
Reasons why it's bearish
- In a downward channel for over 2 months with no threat of breaking it.
- Just broke 80c support and backtested it as resistance.
- Both the RSI and MACD look set for negative growth.
The short will be active until the channel is broken to the upside and it leads to a break back above 80c and holds it as support.
I will not exit the trade if the SL hits unless I see this^.
ETHW/// OLD ETHEREUM /// DUMP IT /// NOW Hi
Go and dump the ETHW
Perfect short.
This is the Ethereum on Proof of Work, no one will use this any more.
Dump it like LUNA
Dump it
Don`t FOMO, always can pump 50-100% to kill all shorts, BIG players are hunting the order books. Sell on DCA and wait for confirmations
Good Luck
EURUSD short ideaThe EURUSD currency pair only due to the Over-Bough of US dollar and the closing some of them in the higher-higher of DXY, and in another side as well as the words of the ECB regarding the increase of 75bp interest rate, will cause this currency pair to rise to higher rates, but still for the fundamental direction is BEARISH.
As a result, we suggest selling from higher areas around 1.00793 to 1.019
Ascending Triangle pattern on GMT/USDTHello guys, Today i saw a bullish Ascending triangle on STEPN and i thought it will be a good long setup.
first position is when the price hits trend line and goes to resistance area , open your long position between 0.9400 and 0.9600(you can open short position now from 0.9787 to trend line).
wait until the price hitting the Resistance area and close your position safely.
second position is after break out , open your short position at 1.0000 and close it after hitting the Support zone.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.