📈 BTR prepares to continue its uptrend after breaking out of consolidation
BTR/USDT showed a classic scenario: over nearly a month and a half, the price formed a rising triangle—flat resistance around 0.186 and an ascending support line from 0.13. These patterns are most often resolved in the direction of the previous trend, and here the prior trend was bullish.
🕯️ The breakout was accompanied by a large impulsive candle with a noticeable increase in volume—an important signal: the market didn’t just “push” the price upward on thin liquidity; buyers entered with genuine interest. It’s the volume on the breakout that separates a false breakout from the start of a new move.
📊 Technically, the 0.186–0.19 zone has now turned from resistance into support. As long as the price stays above it, the structure remains bullish. The next major obstacle is the psychological level 0.20, and if it’s broken, the path opens to an extended target around 0.23, where the upper boundary of the current impulse lies.
❓ Do you think we’ll see a retest of 0.186 before the next impulse, or will the market go straight to 0.20?
❗️Be careful and stay cautious. Always manage your risk.
$BTR
BTR/USDT showed a classic scenario: over nearly a month and a half, the price formed a rising triangle—flat resistance around 0.186 and an ascending support line from 0.13. These patterns are most often resolved in the direction of the previous trend, and here the prior trend was bullish.
🕯️ The breakout was accompanied by a large impulsive candle with a noticeable increase in volume—an important signal: the market didn’t just “push” the price upward on thin liquidity; buyers entered with genuine interest. It’s the volume on the breakout that separates a false breakout from the start of a new move.
📊 Technically, the 0.186–0.19 zone has now turned from resistance into support. As long as the price stays above it, the structure remains bullish. The next major obstacle is the psychological level 0.20, and if it’s broken, the path opens to an extended target around 0.23, where the upper boundary of the current impulse lies.
❓ Do you think we’ll see a retest of 0.186 before the next impulse, or will the market go straight to 0.20?
❗️Be careful and stay cautious. Always manage your risk.
$BTR
