Trading Plan Long $BTW
$BTW held the EMA21 and EMA50 on the 1H after a slight retrace, setting up for continuation.
Entry: $0.19300-$0.19850
Stoploss: $0.18400
Targets: $0.20700 / $0.22200 / $0.24500
BTW shows a clear trend continuation setup with 1H, 4H, and 1D all bullish. The price is holding above the EMA21 and EMA50, absorbing selling pressure indicated by the taker sell volume ratio of 0.94. Open Interest increased 4.19% in 24h, suggesting new longs are building positions after the slight dip. The BB squeeze building on the 1H points to an imminent expansion. Lose $0.18400, thesis broken.
Trade $BTW here 👇
$BTW held the EMA21 and EMA50 on the 1H after a slight retrace, setting up for continuation.
Entry: $0.19300-$0.19850
Stoploss: $0.18400
Targets: $0.20700 / $0.22200 / $0.24500
BTW shows a clear trend continuation setup with 1H, 4H, and 1D all bullish. The price is holding above the EMA21 and EMA50, absorbing selling pressure indicated by the taker sell volume ratio of 0.94. Open Interest increased 4.19% in 24h, suggesting new longs are building positions after the slight dip. The BB squeeze building on the 1H points to an imminent expansion. Lose $0.18400, thesis broken.
Trade $BTW here 👇