$BTW Bounces Hard After the Crash Fading the Recovery
Pair: $BTW /USDT
Direction: SHORT
Leverage: 3x
Entry Zone: 1.2550 – 1.2650
Take Profit:
- TP1: 1.1469 +26%
- TP2: 1.0736 +43%
- TP3: 0.96352 +70%
Stop Loss: 1.4037
Chart Structure:
- BTW spiked sharply to a ~1.65 high, then crashed violently down to a ~0.95 low a classic flash-crash pattern before recovering steadily back up to current levels near 1.26
- Current price sits right at the entry zone, retesting the MA7/MA25 confluence after reclaiming both during the bounce
- ⚠️ Mixed signal: RSI 14 recovered from a sub-25 reading up into the mid-50s, and MACD just crossed positive with a building green histogram both indicators are turning bullish, directly working against this short
- Given the strength of the recovery and improving momentum, this is a contrarian fade rather than a high-conviction trend continuation
the bounce could extend further before any rejection
- Stop is placed above the recent local high at the risk-area boundary, which would need to be reclaimed to invalidate the short
- ⚠️ This remains an extremely volatile asset given the recent flash-crash size down regardless of direction taken
$BTW
Pair: $BTW /USDT
Direction: SHORT
Leverage: 3x
Entry Zone: 1.2550 – 1.2650
Take Profit:
- TP1: 1.1469 +26%
- TP2: 1.0736 +43%
- TP3: 0.96352 +70%
Stop Loss: 1.4037
Chart Structure:
- BTW spiked sharply to a ~1.65 high, then crashed violently down to a ~0.95 low a classic flash-crash pattern before recovering steadily back up to current levels near 1.26
- Current price sits right at the entry zone, retesting the MA7/MA25 confluence after reclaiming both during the bounce
- ⚠️ Mixed signal: RSI 14 recovered from a sub-25 reading up into the mid-50s, and MACD just crossed positive with a building green histogram both indicators are turning bullish, directly working against this short
- Given the strength of the recovery and improving momentum, this is a contrarian fade rather than a high-conviction trend continuation
the bounce could extend further before any rejection
- Stop is placed above the recent local high at the risk-area boundary, which would need to be reclaimed to invalidate the short
- ⚠️ This remains an extremely volatile asset given the recent flash-crash size down regardless of direction taken
$BTW
