๐ข $LYN / USDT | ๐ด SHORT | โญ 74%
๐ฏ Objective: $0.0333415. Does it achieve it?
๐ฏ Trading levels:
๐ด Entry: $0.03379
๐ Stop Loss: $0.034039
๐ TP1: $0.033342
๐ TP2: $0.033092
๐ TP3: $0.032793
๐ Analysis:
The market structure shows a consolidated bearish trend on the 4-hour timeframes, confirmed by a break of previous lows. Trading volume has increased significantly, exceeding the average, which reflects an increase in selling pressure. Additionally, the liquidity imbalance suggests greater activity from sellers in the short term.
โ๏ธ Risk/Reward: 1:1.8
โฑ๏ธ Timeframe: 15M
๐ญ A bearish break of structure (BOS) happens when the price crosses a prior support level, confirming the continuation of the downtrend.
#crypto #LYN #trading #Bearish
๐ก This analysis is educational and does not constitute financial advice. Do your own research and decide calmly.
๐ฏ Objective: $0.0333415. Does it achieve it?
๐ฏ Trading levels:
๐ด Entry: $0.03379
๐ Stop Loss: $0.034039
๐ TP1: $0.033342
๐ TP2: $0.033092
๐ TP3: $0.032793
๐ Analysis:
The market structure shows a consolidated bearish trend on the 4-hour timeframes, confirmed by a break of previous lows. Trading volume has increased significantly, exceeding the average, which reflects an increase in selling pressure. Additionally, the liquidity imbalance suggests greater activity from sellers in the short term.
โ๏ธ Risk/Reward: 1:1.8
โฑ๏ธ Timeframe: 15M
๐ญ A bearish break of structure (BOS) happens when the price crosses a prior support level, confirming the continuation of the downtrend.
#crypto #LYN #trading #Bearish
๐ก This analysis is educational and does not constitute financial advice. Do your own research and decide calmly.