Instrument : HBAR/USDT
Entry: 0.17885 USDT (65% Fib retrace of the last down‑swing)
Stop Loss: 0.18248 USDT (≈2 × ATR above entry; just above the recent swing high)
Take Profit: 0.17158 USDT (≈4 × ATR below entry / next structural support)
Rationale:
Downtrend Structure: Clear sequence of lower highs and lower lows on the 1 h chart (confirmed on H4).
EMA Alignment: Fast EMA below Slow EMA, both sloping downward; HTF EMA also bearish.
Oscillators & Volume: RSI and MACD both favor sellers; volume supports continued downside.
ATR‑Based Levels: SL set at 2 × ATR to absorb normal volatility; TP at 4 × ATR for a ~2 : 1 reward/risk.
Risk/Reward: ~2 : 1 (Risk ≈0.00363 USDT vs. Reward ≈0.00727 USDT)
Entry: 0.17885 USDT (65% Fib retrace of the last down‑swing)
Stop Loss: 0.18248 USDT (≈2 × ATR above entry; just above the recent swing high)
Take Profit: 0.17158 USDT (≈4 × ATR below entry / next structural support)
Rationale:
Downtrend Structure: Clear sequence of lower highs and lower lows on the 1 h chart (confirmed on H4).
EMA Alignment: Fast EMA below Slow EMA, both sloping downward; HTF EMA also bearish.
Oscillators & Volume: RSI and MACD both favor sellers; volume supports continued downside.
ATR‑Based Levels: SL set at 2 × ATR to absorb normal volatility; TP at 4 × ATR for a ~2 : 1 reward/risk.
Risk/Reward: ~2 : 1 (Risk ≈0.00363 USDT vs. Reward ≈0.00727 USDT)
Trade closed: target reached
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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.