🔥 $BTW in a corrective bounce phase. It needs to reclaim the 1.25 zone to confirm a true trend reversal; otherwise, it remains vulnerable to another leg down.
🎯 Trading Scenarios
· 🟢 $BTW Long Scenario (Buying the Dip)
· Entry: 1.10 - 1.15 (Looking for a pullback to local support zone to catch the continuation of the current bounce).
· Stop Loss: below 0.98 (recent structural low)
· Take Profit: TP1: 1.30, TP2: 1.40 (previous resistance zones).
· 🔴 $BTW Short Scenario (Fading the Rally)
· Entry: 1.30 - 1.35 (Only if price rallies into this heavy resistance zone and strong rejected)
· Stop Loss: above 1.45 (major swing high).
· Take Profit: TP1: 1.10, TP2: 1.00 (recent lows and psychological support)
Support me just Trade here👇
#btw #bitway
🎯 Trading Scenarios
· 🟢 $BTW Long Scenario (Buying the Dip)
· Entry: 1.10 - 1.15 (Looking for a pullback to local support zone to catch the continuation of the current bounce).
· Stop Loss: below 0.98 (recent structural low)
· Take Profit: TP1: 1.30, TP2: 1.40 (previous resistance zones).
· 🔴 $BTW Short Scenario (Fading the Rally)
· Entry: 1.30 - 1.35 (Only if price rallies into this heavy resistance zone and strong rejected)
· Stop Loss: above 1.45 (major swing high).
· Take Profit: TP1: 1.10, TP2: 1.00 (recent lows and psychological support)
Support me just Trade here👇
#btw #bitway
