Corto
REEFUSDT Range High| Low Volume| RSI| PA Rotation
Evening Traders,
Today’s analysis – REEFUSDT – trading within a clear range that has defined boundaries,
Points to consider,
- Price Action Ranging
- Range High Resistance
- Range Low Support
- RSI Neutral
- Low Volume
REEFUSDT’s immediate price action is correction within a range, directional biases are to be from range high and range low.
The Range High being resistance allows for a valid short as the current volume profile is quite low and the RSI being neutral.
Overall, in my opinion, REEFUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
Today’s analysis – REEFUSDT – trading within a clear range that has defined boundaries,
Points to consider,
- Price Action Ranging
- Range High Resistance
- Range Low Support
- RSI Neutral
- Low Volume
REEFUSDT’s immediate price action is correction within a range, directional biases are to be from range high and range low.
The Range High being resistance allows for a valid short as the current volume profile is quite low and the RSI being neutral.
Overall, in my opinion, REEFUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
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Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
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Stay sharp, trade smart.
— Team The Alchemist ⚔️
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.