$BTW 5-minute decline of 2.23%, current price 2.5601. Two possible scenarios:
① Stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② Weak rebound and a break below the 24h low of 1.7554 → weakness is likely to continue
Personally, I’d rather assess the strength of the first rebound before deciding. What confirmation do you need before taking action?
#BTW
① Stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② Weak rebound and a break below the 24h low of 1.7554 → weakness is likely to continue
Personally, I’d rather assess the strength of the first rebound before deciding. What confirmation do you need before taking action?
#BTW