🤖 AI Insight

For short trading on AEURUSDT, consider a long-term perspective as day traders face more fluctuations. Given the current moment at 15m, here's a summary of your trading indicators and advice:

1. Price: Current price of AEURUSDT is 1.0194. You should consider entering a short position once the price breaches the support level at 1.0194. A close below the support level may indicate further downward momentum.

2. EMAs: EMA7 (1.0205939657437) and EMA25 (1.0210739814499) show a gradually increasing trend, but the price is close to the EMA7, indicating potential for consolidation or resistance challenges. Use these EMA breaks as key entry points.

3. RSI (40.427893198706): The RSI is slightly below the neutral zone (40), suggesting an oversold condition, yet it might recover as the price bounces against resistance levels mentioned below. Enter a short position if the RSI drops below 40 decisively after a resistance breach.

4. MACD (signal lines crossing towards sell: -0.00023871712688339): The MACD is heading towards a potential signal line cross, signaling a possible bearish trade. Entrust your short position when this cross occurs.

5. Resistance levels: Note the key resistance levels at 1.0249. You may look to go short when these resistances are breached or when price action indicates a breakdown after testing the resistance levels.

When considering long positions:

1. Look for entry after price breaches the resistance levels mentioned above and confirms with a strong upward momentum, ensuring a clear break above the key resistance at 1.0249.

2. EMA breaks: Monitor price breaks (closes above) of EMA7 (1.0205939657437) and EMA25 (1.0210739814499) to enter a long position.

3. RSI (above 40): Keep an eye out for an upward crossing of the Relative Strength Index (RSI) above 40 after a significant EMA break or resistance breach, suggesting an oversold condition and a possible uptrend.

Advice: Do not invest a large portion of your capital into leveraged products like crypto futures, as they carry high leverage risks. Monitor the mentioned support and resistance levels and wait for confirmed upward momentum on the basis of EMA breaks and RSI above 40 before entering long positions. Keep your stops below support levels and consider utilizing a trailing stop-loss to lock in profits as the price moves upward. For short positions, look for a breach of resistance levels after an EMA break, RSI below 40, and a MACD signal line cross. Place stops just above the breached resistance levels to limit potential losses. Monitor your positions closely and adjust your stops accordingly.