Momentum is rotating back into $BMT
$BMT · LONG · Conf 65%
Trade Plan:
Entry: 0.023166 - 0.02409
SL: 0.019502
TP1: 0.02748
TP2: 0.02789
TP3: 0.030476
R:R about 1.0 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
BMT/USDT 0.02409, +55.03% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 57.9 with volume x0.46 against the 20-bar average.
- Price is working a symmetrical triangle, which usually resolves sharply.
- Invalidation is unambiguous: through 0.019502 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.02061 · 0.01713 · 0.01651 | R 0.02748 · 0.02789
Debate:
Does BMT clear 0.02789 on this attempt, or fade back toward 0.019502 first?
Trade BMT: spot https://www.binance.com/en/trade/BMT_USDT | futures https://www.binance.com/en/futures/BMTUSDT
$BMT #BMT #Write2Earn #TechnicalAnalysis #TradingSignals
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
$BMT · LONG · Conf 65%
Trade Plan:
Entry: 0.023166 - 0.02409
SL: 0.019502
TP1: 0.02748
TP2: 0.02789
TP3: 0.030476
R:R about 1.0 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
BMT/USDT 0.02409, +55.03% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 57.9 with volume x0.46 against the 20-bar average.
- Price is working a symmetrical triangle, which usually resolves sharply.
- Invalidation is unambiguous: through 0.019502 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.02061 · 0.01713 · 0.01651 | R 0.02748 · 0.02789
Debate:
Does BMT clear 0.02789 on this attempt, or fade back toward 0.019502 first?
Trade BMT: spot https://www.binance.com/en/trade/BMT_USDT | futures https://www.binance.com/en/futures/BMTUSDT
$BMT #BMT #Write2Earn #TechnicalAnalysis #TradingSignals
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
