Coin: BTW Direction: Short Signal score: 4
Reason: Price broke below EMA20
$BTW Short
Entry: 1.8472-2.0570
Take profit 1: 1.8379
Take profit 2: 1.7828
Stop loss: 2.0631
KDJ has turned downward: 13/17/6. J previously surged to 9 and has now fallen to 6, indicating weakening short-term momentum.
The 1-hour MACD histogram is -0.046417 and is still negative, but slightly shorter than the previous bar (-0.049156). The decline is slowing, so there may be a bounce.
The Bollinger Bands are widening, with the upper band at 2.4686 and the lower band at 1.7280. Price is below the middle band, indicating weakness. Honestly, I’ve been watching this level for quite a while. Price at 1.8546 is being held down by EMA20 (2.0488), confirming the rebound. EMA20 acting as resistance shows that the bears are still in control. Take profit 1 at 1.8379 is a support level between the previous low and the lower Bollinger Band. Bears may take profits there, so secure some gains first. Stop loss is 2.0631; if price moves above it, exit—don’t hold on.
🔴Click here to open a trade👉👉👉 $BTW
Reason: Price broke below EMA20
$BTW Short
Entry: 1.8472-2.0570
Take profit 1: 1.8379
Take profit 2: 1.7828
Stop loss: 2.0631
KDJ has turned downward: 13/17/6. J previously surged to 9 and has now fallen to 6, indicating weakening short-term momentum.
The 1-hour MACD histogram is -0.046417 and is still negative, but slightly shorter than the previous bar (-0.049156). The decline is slowing, so there may be a bounce.
The Bollinger Bands are widening, with the upper band at 2.4686 and the lower band at 1.7280. Price is below the middle band, indicating weakness. Honestly, I’ve been watching this level for quite a while. Price at 1.8546 is being held down by EMA20 (2.0488), confirming the rebound. EMA20 acting as resistance shows that the bears are still in control. Take profit 1 at 1.8379 is a support level between the previous low and the lower Bollinger Band. Bears may take profits there, so secure some gains first. Stop loss is 2.0631; if price moves above it, exit—don’t hold on.
🔴Click here to open a trade👉👉👉 $BTW