Trade Breakdown – Sell-Side (Crypto Weekend Setup)
📅 Date: Saturday, April 5, 2025
⏰ Time: 3:00 PM NY Time (NY Session PM)
📉 Pair: DOGE/USD
📉 Trade Direction: Short (Sell)
Trade Parameters:
Entry Price: 0.16821
Take Profit (TP): 0.16173 (+3.85%)
Stop Loss (SL): 0.17009 (-1.12%)
Risk-Reward Ratio (RR): 3.45
Reasoning:
Demand Turned to Resistance" — this signals a bearish shift in structure:
I assume a likely failed rally, where previous demand could not hold for confirmation bias
and price seemed to respect the demand zone (highlighted blue) as resistance, giving confluence for a short. Targeting a pivotal low, suggesting a liquidity grab or structure retest.
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