Instrument & TF: HBAR/USDT Perpetual (1 h chart)
Entry: 0.18480 (65% Fib retrace of the last down‑swing)
Stop Loss: 0.18847 (just above the recent swing high)
Take Profit: 0.17748 (1.618 × ATR below entry / next structural support)
Rationale:
Trend Structure: Consecutive lower highs and lows on both H1 and H4, confirming bearish bias.
EMA Confirmation: Fast EMA < Slow EMA, both sloping down on H1 and aligned on the higher time‑frame.
Oscillators OK: RSI and MACD both favor sellers; volume remains muted on rallies.
ATR‑Based Levels: SL set at 2× ATR above entry to absorb normal volatility; TP at 4× ATR for a ~2:1 reward/risk.
Risk/Reward: ~2 : 1 (Risk ~0.00367 USDT vs. Reward ~0.00732 USDT)
Entry: 0.18480 (65% Fib retrace of the last down‑swing)
Stop Loss: 0.18847 (just above the recent swing high)
Take Profit: 0.17748 (1.618 × ATR below entry / next structural support)
Rationale:
Trend Structure: Consecutive lower highs and lows on both H1 and H4, confirming bearish bias.
EMA Confirmation: Fast EMA < Slow EMA, both sloping down on H1 and aligned on the higher time‑frame.
Oscillators OK: RSI and MACD both favor sellers; volume remains muted on rallies.
ATR‑Based Levels: SL set at 2× ATR above entry to absorb normal volatility; TP at 4× ATR for a ~2:1 reward/risk.
Risk/Reward: ~2 : 1 (Risk ~0.00367 USDT vs. Reward ~0.00732 USDT)
Trade closed: target reached
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.
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.