🚨 $BTR — THE PARABLE MAY BE REACHING ITS END
$BTR has only been doing something brutal for just 2 days:
📈 +250% in a practically parabolic move.
But now something shows up that catches my attention even more than the rise itself. 👀
The price finally reached and completely filled the imbalance left behind during its previous drop.
And right after that…
📌 The impulse starts losing strength.
📌 The price enters a compression zone.
📌 A kind of wedge/triangle begins forming.
After such a vertical move, this kind of structure is something I would keep a very close eye on.
Why?
Because when price stops moving after a parabolic rise, while the market compresses, distribution may be forming.
🎯 My scenario: $BTR could be close to finishing its bullish move and setting up a strong drop.
I'm not trying to guess the top.
I'm waiting for confirmation that the structure is really losing strength.
⏳ After +250% in 2 days…
How much longer do you think BTR can hold on before the correction arrives? 👀
#BTR #Crypt or #Altcoins #Trading #BinanceSquare
$BTR has only been doing something brutal for just 2 days:
📈 +250% in a practically parabolic move.
But now something shows up that catches my attention even more than the rise itself. 👀
The price finally reached and completely filled the imbalance left behind during its previous drop.
And right after that…
📌 The impulse starts losing strength.
📌 The price enters a compression zone.
📌 A kind of wedge/triangle begins forming.
After such a vertical move, this kind of structure is something I would keep a very close eye on.
Why?
Because when price stops moving after a parabolic rise, while the market compresses, distribution may be forming.
🎯 My scenario: $BTR could be close to finishing its bullish move and setting up a strong drop.
I'm not trying to guess the top.
I'm waiting for confirmation that the structure is really losing strength.
⏳ After +250% in 2 days…
How much longer do you think BTR can hold on before the correction arrives? 👀
#BTR #Crypt or #Altcoins #Trading #BinanceSquare
