🟢 LONG $BTW /USDT: expecting price to go UP
Bias: LONG · Leaning

Entry: 1.5683495 – 1.5764505
TP1: 1.6307089 (+3.7%)
TP2: 1.6695815 (+6.2%)
TP3: 1.7278904 (+9.9%)
SL: 1.4946548 (-4.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

BTW holds above its moving averages on the 4h chart.

Why LONG? Leaning call, 5/11 signals agree, 1 against, 5 undecided.
• 4h trend: price > EMA50 > EMA200, bullish stack → the swing trend is up
• 1h trend: price > EMA50 > EMA200, bullish stack → the short-term trend is up
• Trend strength (ADX/DI, 15m): ADX 35.8 with buyers in control (DI+ 25.5 vs DI− 16.4) → buyers are driving the move
Risk: 1h RSI: 80.9, overbought: strong but stretched → price ran hot, pullbacks are common from here

The 4h trend shows price above the EMA50 and EMA200 in a bullish stack. The 1h price is 4.6 ATR above its EMA50, so a pullback is likely.

If you are in this long, what level would make you tighten the stop?

Full setup on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.