I just identified SXPUSDT with nice SHORT position. At this time, price created lower top, it is as valuable consideration that bear movement will happen. Beside, I also check other considerations:
1. RSI: RSI line is moving down from the top.
2. MACD. MACD histogram is moving down.
2. Candle stick pattern: Bullish engulfing completed.
Because of these reasons, I propose SHORT idea as below:
- Entry price: Current price.
- Take-profit price: 1. 0.33xx, 2. 0.322x
- Leverage: 10-15x.
- Stop-loss price: 0.36xx-0.37xx.
Additionally, I also checked's movement and it tells us it is good time for making SHORT position at this time. Please refer to following related idea link for reading my detailed analyst of BTC's movement
1. RSI: RSI line is moving down from the top.
2. MACD. MACD histogram is moving down.
2. Candle stick pattern: Bullish engulfing completed.
Because of these reasons, I propose SHORT idea as below:
- Entry price: Current price.
- Take-profit price: 1. 0.33xx, 2. 0.322x
- Leverage: 10-15x.
- Stop-loss price: 0.36xx-0.37xx.
Additionally, I also checked's movement and it tells us it is good time for making SHORT position at this time. Please refer to following related idea link for reading my detailed analyst of BTC's movement