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Bearish set-up on STORJUSDT

Short
Storj / TetherUS (BINANCE:STORJUSDT)  
AutomatedTradingAlgorithms  
BINANCE:STORJUSDT   Storj / TetherUS
Technical Indicators Trend Analysis Chart Patterns shortsetup algoalert reversal retracement bitcoinprice cryptomarket CRPTOCURRENCY bitcon shorttrade
6
0
indicator trendanalysis chartpattern shortsetup algoalert reversal retracement bitcoinprice cryptomarket crptocurrency bitcon shorttrade
Reasons for short:
- Head and Shoulders formation
- Bearish Divergence on RSI
- Bearish reversal signal on FRSI
- Price crossed below the whipsaw-resistant trend cloud signalling the beginning of a potential downtrend

Levels:
Entry - $0.4687
Take Profit - $0.3267
Stop Loss - $0.4999
Automated Trading Algorithms: discord.gg/xuKHyhPKS6
Tutorials-YouTube: www.youtube.com/channel/UCJH8wJ8Ab_O-HTb0wrrtAKQ

Mathematical papers:
algoalert.net/pdfs/fourier.pdf
algoalert.net/pdfs/IEEEwavelet.pdf

Related Ideas

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Whipsaw Resistant Trend Cloud [Algo Alert]
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Fourier Smoothed Relative Strength Index (FRSI) [Algo Alert]
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