CryptoLoverArtist

Short-Term (1 Day)
Trend: Neutral to Bearish
Entry Price: $103,500
Stop Loss: $104,800 (above Ichimoku Conversion Line + EMA20)
Take Profit: $101,200 (below Camarilla S1 + ATR band)
Confidence Level: โ โ โ โ โ (4/5)
Rationale:
RSI: 44.6 (Below 50, showing weak momentum)
AO: -1744 (Bearish histogram)
Momentum: Negative (-5159), confirms downside pressure
ADX: 15.75 (Low trend strengthโexpect range or slight pullback)
Ichimoku: Baseline and Conversion line above priceโbearish cloud pressure
Price is hovering near EMA20/EMA30, forming minor resistance. Volume is average but declining.
Suggested Trade
Trend: Neutral to Bearish
Entry Price: $103,500
Stop Loss: $104,800 (above Ichimoku Conversion Line + EMA20)
Take Profit: $101,200 (below Camarilla S1 + ATR band)
Confidence Level: โ โ โ โ โ (4/5)
Rationale:
RSI: 44.6 (Below 50, showing weak momentum)
AO: -1744 (Bearish histogram)
Momentum: Negative (-5159), confirms downside pressure
ADX: 15.75 (Low trend strengthโexpect range or slight pullback)
Ichimoku: Baseline and Conversion line above priceโbearish cloud pressure
Price is hovering near EMA20/EMA30, forming minor resistance. Volume is average but declining.
Suggested Trade