1INCH - RSI bearish divergence detected
Updated
#1INCH/USDT #Analysis
Description
---------------------------------------------------------------
+ I'm seeing a clear divergence from the RSI and it's bearish divergence.
+ Also i'm seeing price moving in bearish direction.
+ I'm entering a small short position at this range with tight stoploss.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.6180
Stop Loss: 0.6396
------------------------------
Target 1: 0.6302
Target 2: 0.5881
Target 3: 0.5708
Target 4: 0.5514
------------------------------
Timeframe:4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ I'm seeing a clear divergence from the RSI and it's bearish divergence.
+ Also i'm seeing price moving in bearish direction.
+ I'm entering a small short position at this range with tight stoploss.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.6180
Stop Loss: 0.6396
------------------------------
Target 1: 0.6302
Target 2: 0.5881
Target 3: 0.5708
Target 4: 0.5514
------------------------------
Timeframe:4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Note
correction: Target 1: 6032
Note
This is a high risk trade. Enter with small capital.Note
Target 2 reached. Enjoy
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.