$BTR +50% in 24h. Is it just me or does this look like the top?
BTR: 60% in 4 days, 50% on the day. Big move, so I had a proper look at the chart.
It pushed above 0.06262 for a moment, got sold hard from 0.06715 and is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
Next stop for me is 0.05801. Nobody's touched it since the pullback (22% of the leg), so it's the obvious magnet. A move above 0.06715 proves me wrong.
📌 My trade: short from 0.06538, stop at 0.06906, target 0.05801 (+11.3%, 1:2)
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#BTR #Altcoins #FuturesTrading
BTR: 60% in 4 days, 50% on the day. Big move, so I had a proper look at the chart.
It pushed above 0.06262 for a moment, got sold hard from 0.06715 and is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
Next stop for me is 0.05801. Nobody's touched it since the pullback (22% of the leg), so it's the obvious magnet. A move above 0.06715 proves me wrong.
📌 My trade: short from 0.06538, stop at 0.06906, target 0.05801 (+11.3%, 1:2)
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#BTR #Altcoins #FuturesTrading