Extremely bearish scenario - moving to 23$
The 4h chart is forming a bearish pennant indicating that the market is losing strength.
The stochastic also shows that the market is oversold confirming a potential reversal.
Perfect time to short.
Entry: 35.00
Targets: 29.33, 27.242, 23.018
Stop loss: 36.5
Note: Not financial advice. Do your own research before doing these trades. I am not responsible for the financial losses caused due to any such trade.
The stochastic also shows that the market is oversold confirming a potential reversal.
Perfect time to short.
Entry: 35.00
Targets: 29.33, 27.242, 23.018
Stop loss: 36.5
Note: Not financial advice. Do your own research before doing these trades. I am not responsible for the financial losses caused due to any such trade.
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