๐จ๐ป $BTR
โ BEARISH STRUCTURE, BUT RSI IS SCREAMING OVERSOLD! ๐
$BTR remains bearish across Daily + 4H + 1H, but the short side comes with one big warning: 1H RSI is only 21.4. โ ๏ธ
๐ด SHORT ZONE: $0.0445991 โ $0.0447409
๐ SL: $0.0467006
๐ฏ TP1: $0.0431470
๐ฏ TP2: $0.0421317
๐ฏ TP3: $0.0406087
๐ WHY SHORT?
โข 7/12 signals bearish
โข Daily: Price < EMA50 < EMA200
โข 4H: Price < EMA50 < EMA200
โข 1H: Price < EMA50 < EMA200
โ ๏ธ THE CATCH: RSI 21.4 = heavily oversold. A relief bounce can happen anytime.
๐ PLAN: Let BTR return to the entry zone โ rejection โ confirmation โ short.
If the bounce reclaims the 1H EMA50, the bearish idea loses strength.
Donโt chase the dump. Wait for the retest. ๐ฅ
๐ป SHORT $BTR ๐
#BTR #Crypto #Altcoins #CryptoTrading #ShortSetup #Bearish #TechnicalAnalysis #Trading #RSI #BinanceSquare
โ BEARISH STRUCTURE, BUT RSI IS SCREAMING OVERSOLD! ๐
$BTR remains bearish across Daily + 4H + 1H, but the short side comes with one big warning: 1H RSI is only 21.4. โ ๏ธ
๐ด SHORT ZONE: $0.0445991 โ $0.0447409
๐ SL: $0.0467006
๐ฏ TP1: $0.0431470
๐ฏ TP2: $0.0421317
๐ฏ TP3: $0.0406087
๐ WHY SHORT?
โข 7/12 signals bearish
โข Daily: Price < EMA50 < EMA200
โข 4H: Price < EMA50 < EMA200
โข 1H: Price < EMA50 < EMA200
โ ๏ธ THE CATCH: RSI 21.4 = heavily oversold. A relief bounce can happen anytime.
๐ PLAN: Let BTR return to the entry zone โ rejection โ confirmation โ short.
If the bounce reclaims the 1H EMA50, the bearish idea loses strength.
Donโt chase the dump. Wait for the retest. ๐ฅ
๐ป SHORT $BTR ๐
#BTR #Crypto #Altcoins #CryptoTrading #ShortSetup #Bearish #TechnicalAnalysis #Trading #RSI #BinanceSquare
