Crypto Chart Makers

This chart is a 1-hour candlestick chart for the Perpetual Contract on
🟥 Short Trade Signal
Entry: Marked as "SHORT #1", around 105,064.2 USD.
A red downward arrow indicates the short entry point.
This suggests the trader anticipated a downward price move from that point.
🟩 Profit Target Hit
TP SHORT: Take Profit point, marked with a purple arrow.
Price appears to have reached around 100,599.0 USD at the low.
The shaded green area shows the profitable range of this short position.
🟫 Risk Area (Stop Loss Zone)
The red shaded area above the short entry indicates the risk zone or potential stop loss area.
The top of this area ends around 107,690.8 USD, indicating the maximum allowed loss for this trade setup.
✅ Outcome
The price dropped significantly after the short entry and hit the TP level.
This trade would be considered successful, as the take-profit target was reached.

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The following news is expected today that will affect the markets.
- Core CPI , CPI m/m , CPI y/y, Unemployment Claims. GOod Luck to all traders. Watch out for the golden pockets

The 50 MA (Moving Average) cross with the 200 MA is a technical analysis trading strategy used to identify potential changes in the direction of a trend.

The moving average is an indicator that shows the average price of an asset over a specific time period. The 50-day moving average shows the average price of the asset over the past 50 trading days, while the 200-day moving average shows the average price over the past 200 trading days.

When the 50-day moving average crosses above the 200-day moving average, it is considered a bullish signal, indicating that the price of the asset may be trending upward. This is known as a "golden cross." Conversely, when the 50-day moving average crosses below the 200-day moving average, it is considered a bearish signal, indicating that the price of the asset may be trending downward. This is known as a "death cross."