🔴 SHORT $BTW / USDT UPDATE: Expecting price to go DOWN
🔹 Bias: SHORT (Leaning)
🔹 Entry Zone: 1.4982620 – 1.5159380
🎯 Take Profit (TP) Levels:
TP1: 1.3430736 (-10.9%)
TP2: 1.2337226 (-18.1%)
TP3: 1.0696962 (-29.0%)
🛑 Stop Loss (SL): 1.7258019 (+14.5%)
📌 Trading Plan:
Enter only inside the zone.
Close 50% at TP1, 25% at TP2, and 25% at TP3.
Move the stop loss to entry after hitting TP1.
Moderate conviction only, keep your position size light.
📊 Why SHORT?
1h trend is down, price is under EMA50 and EMA200.
Sellers are driving the move (15m ADX 35.0) and have the momentum (4h RSI 41.4).
1h RSI sits at 33, indicating clear seller momentum.
⚠️ Disclaimer: Personal market analysis only. Not financial advice (NFA). Manage your risk and always Do Your Own Research (DYOR)
🔹 Bias: SHORT (Leaning)
🔹 Entry Zone: 1.4982620 – 1.5159380
🎯 Take Profit (TP) Levels:
TP1: 1.3430736 (-10.9%)
TP2: 1.2337226 (-18.1%)
TP3: 1.0696962 (-29.0%)
🛑 Stop Loss (SL): 1.7258019 (+14.5%)
📌 Trading Plan:
Enter only inside the zone.
Close 50% at TP1, 25% at TP2, and 25% at TP3.
Move the stop loss to entry after hitting TP1.
Moderate conviction only, keep your position size light.
📊 Why SHORT?
1h trend is down, price is under EMA50 and EMA200.
Sellers are driving the move (15m ADX 35.0) and have the momentum (4h RSI 41.4).
1h RSI sits at 33, indicating clear seller momentum.
⚠️ Disclaimer: Personal market analysis only. Not financial advice (NFA). Manage your risk and always Do Your Own Research (DYOR)
