🔴 $BTW /USDT · Bias: SHORT
BTW price sits below EMA50 and EMA200 on the 4h, so the swing trend points down.
Entry: 1.0640275 – 1.0707725
TP1: 1.0092901 (-5.4%)
TP2: 0.9705502 (-9.1%)
TP3: 0.9124403 (-14.5%)
SL: 1.1448799 (+7.3%)
Why: 4h trend: price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down and sellers are driving the move.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would you take this short setup at the entry zone?
BTW price sits below EMA50 and EMA200 on the 4h, so the swing trend points down.
Entry: 1.0640275 – 1.0707725
TP1: 1.0092901 (-5.4%)
TP2: 0.9705502 (-9.1%)
TP3: 0.9124403 (-14.5%)
SL: 1.1448799 (+7.3%)
Why: 4h trend: price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down and sellers are driving the move.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would you take this short setup at the entry zone?
