$AXL 2nd Entry Taken. Now Entry 1 will be Tp1, remaining T | Crypto Sat on Binance Square

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Bearish

$AXL 
2nd Entry Taken. Now Entry 1 will be Tp1, remaining TPs same! ✌️

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Crypto Sat

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Bearish

💰#AXL/USDT

🔽SHORT

✳️ ENTRY - 7534 , 7700

🎯 TARGETS - 7490 , 7430 , 7360 , 7250 , 7031 , 6600

🀄️ LEVERAGE - 20X

🔴 STOPLOSS - 7903

$AXL $PEOPLE $MANA

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AXL

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Ethereum (ETH) 4-Hour Chart Analysis 📊 Ethereum is currently testing a crucial trendline on the 4-hour chart. 📈 This trendline has historically provided support, but if ETH breaks below it, the next significant support level to watch is around 2330. 📉 The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are key momentum indicators to monitor. A low RSI might suggest an oversold condition, potentially leading to a bounce. Bounce 🆙 Conversely, a bullish crossover in MACD could indicate a shift in momentum towards the upside. 🚀 Strategy 💡 * Long Position 🟢 : If Ethereum shows signs of bouncing off the trendline support, this could be an opportunity to enter a long position. Look for confirmation like an increase in volume or a reversal pattern forming at the support. * Short Position 🔴 : Should Ethereum break below the trendline with significant volume or momentum, it might be time to consider shorting, targeting the 2330 support level or lower, depending on the market sentiment and further technical analysis. Why This Matters 🤔 Trendlines on longer time frames like the 4-hour chart often act as significant psychological and technical barriers. Their breach or defense can lead to substantial price movements. Momentum indicators help gauge the strength of the current trend. A shift in momentum can precede price action, giving traders a heads-up on potential reversals or continuations. Actionable Insight 🎯 * For Longs : Set buy orders slightly above the trendline if you believe in a bounce, with a stop-loss below the trendline for risk management. * For Shorts : Place sell orders below the trendline if you anticipate a breakdown, with a stop-loss above the trendline or recent highs to protect against false breaks. #Ethereum #ETH #Crypto #Trading #Analysis

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The price is trading at horizontal support. If it loses the 2.07 region, you should definitely close the trade. The next support is the 1.8 region, which it may hit if it doesn't hold the current support.

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Trump VS Harris

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$BTC UPDATE Expecting a bounce from the trendline (66.5 to 66.8k region). A big move could happen at any time☄️ Click below TAB To enter the TRADE 👇

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