$BTW LONG (Pullback to MA7 - Follow the strong trend)
Just look at the BTW chart: this is a classic uptrend move, when it surged from the 0.0477 zone (July) all the way to the 0.8796 peak—turning a trader’s account by nearly 20x. The current price at 0.7535 is correcting -5.84% in the last 24 hours—this pullback is a healthy drop after a hot rally to rebalance buying and selling power.
The most important point: the price is still ABOVE all three MAs (MA7 0.7134, MA25 0.5562, MA99 0.2589). The chart structure clearly shows higher highs and higher lows. MA7 (0.7134) is the nearest dynamic support, and price is moving toward this area. The volume during this declining move is trending down compared to the earlier rally—signaling that the sellers are weaker, while the buyers still hold control.
The trap here is that many of you see the -5.84% red candle and panic: “It’s over the top—Short now.” But in a strong uptrend like this, pullbacks toward MA7 are often the best buying entries (buy the dip). Early shorts will get squeezed when price bounces from the 0.71 area.
However, if price breaks below MA7 (0.713) with heavy volume, there’s a high chance it will retest the 0.60-0.65 zone (the old August high) before continuing higher.
Best strategy:
- Option 1 (Aggressive): Go Long immediately in the 0.71-0.72 zone (MA7) with SL below 0.68; TP at 0.80 and 0.88.
- Option 2 (Conservative): Wait for a strong breakout above 0.81 with high volume, then Long following it to 0.90-1.00.
$RE $TRUMP
Just look at the BTW chart: this is a classic uptrend move, when it surged from the 0.0477 zone (July) all the way to the 0.8796 peak—turning a trader’s account by nearly 20x. The current price at 0.7535 is correcting -5.84% in the last 24 hours—this pullback is a healthy drop after a hot rally to rebalance buying and selling power.
The most important point: the price is still ABOVE all three MAs (MA7 0.7134, MA25 0.5562, MA99 0.2589). The chart structure clearly shows higher highs and higher lows. MA7 (0.7134) is the nearest dynamic support, and price is moving toward this area. The volume during this declining move is trending down compared to the earlier rally—signaling that the sellers are weaker, while the buyers still hold control.
The trap here is that many of you see the -5.84% red candle and panic: “It’s over the top—Short now.” But in a strong uptrend like this, pullbacks toward MA7 are often the best buying entries (buy the dip). Early shorts will get squeezed when price bounces from the 0.71 area.
However, if price breaks below MA7 (0.713) with heavy volume, there’s a high chance it will retest the 0.60-0.65 zone (the old August high) before continuing higher.
Best strategy:
- Option 1 (Aggressive): Go Long immediately in the 0.71-0.72 zone (MA7) with SL below 0.68; TP at 0.80 and 0.88.
- Option 2 (Conservative): Wait for a strong breakout above 0.81 with high volume, then Long following it to 0.90-1.00.
$RE $TRUMP