$BTR The strategy for the last LAB round has safely locked in profits. Accumulation is underway, and BTC’s market structure is signaling bearishness. The daily price is below the EMA50, which is itself below the EMA200—a moving-average alignment that won’t reverse in the short term. The 15-minute ADX is above 25, with the sellers’ DI clearly dominant, indicating that bears are driving the decline.
The 1-hour RSI is around 42, showing weak momentum and limited rebound strength. In this setup, a bounce into the resistance zone is an opportunity to enter a short, not a reason to chase longs. If a key level gives way, the downside could open up further. Keep positions small, take profits in stages, and strictly follow your stop-loss.
🔴 Trade direction: Short
📍 Entry range: 0.0501721 – 0.0502767
🛑 Stop loss: 0.0519542
🎯 Take profit 1: 0.0489271
🎯 Take profit 2: 0.0480622
🎯 Take profit 3: 0.0467649
Behold the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#BTR
Click below to trade 👇
The 1-hour RSI is around 42, showing weak momentum and limited rebound strength. In this setup, a bounce into the resistance zone is an opportunity to enter a short, not a reason to chase longs. If a key level gives way, the downside could open up further. Keep positions small, take profits in stages, and strictly follow your stop-loss.
🔴 Trade direction: Short
📍 Entry range: 0.0501721 – 0.0502767
🛑 Stop loss: 0.0519542
🎯 Take profit 1: 0.0489271
🎯 Take profit 2: 0.0480622
🎯 Take profit 3: 0.0467649
Behold the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#BTR
Click below to trade 👇