Algorand / Tether
Short
Aggiornato

ALGO short

115
Total market:
- BTC at daily resistance, bulls losing momentum. Price has broke triangle on 15 min chart to the down side
Daily:
- Price getting rejected at 20 day EMA & previous structural level
4H:
- Had bearish divergence, price could not break resistance level
1H:
- Price broke uptrend line, retested and has rejected and making move lower
15 min: (entry)
- Price selling off, going to have bb break to the downside

Stop loss: 0.8649
- within previous volatility level above VPVR zone
Take profit: 0.7336
- at strong liquidity zone on daily

* managing trade discretionally
Trade chiuso manualmente
Fake out on 1h, wick on 15 min. Total market price made move back up, still has more to test upwards before getting a rejection

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