The 1h timeframe price remains below the cluster of moving averages, which are tilted toward a downtrend on the daily chart.
🔴 SHORT $BTR /USDT: expecting the price to FALL
Trend: SHORT · Bearish bias
Entry: 0.0480721 – 0.0481879
TP1: 0.0470573 (-2.2%)
TP2: 0.0463422 (-3.7%)
TP3: 0.0452695 (-5.9%)
SL: 0.0495602 (+3.0%)
Plan: enter only within this zone, take half off at TP1, then move the stop loss to breakeven.
Note: confidence is only moderate, so keep your position size small.
Why SHORT? 4/12 signals agree, with 0 opposing signals.
• Daily trend is down (price below EMA50 and EMA200)
• 4h trend is down (price below EMA50 and EMA200)
• 1h trend is down (price below EMA50 and EMA200)
My take on BTR today
I'm watching BTR for a potential short opportunity with moderate confidence. The daily trend is down, and the 1h timeframe price is below EMA50. I want to see sellers remain in control around 0.0480721, with the 15m RSI at 45.74 suggesting sellers are still applying pressure.
Where would you place the invalidation level?
🔴 SHORT $BTR /USDT: expecting the price to FALL
Trend: SHORT · Bearish bias
Entry: 0.0480721 – 0.0481879
TP1: 0.0470573 (-2.2%)
TP2: 0.0463422 (-3.7%)
TP3: 0.0452695 (-5.9%)
SL: 0.0495602 (+3.0%)
Plan: enter only within this zone, take half off at TP1, then move the stop loss to breakeven.
Note: confidence is only moderate, so keep your position size small.
Why SHORT? 4/12 signals agree, with 0 opposing signals.
• Daily trend is down (price below EMA50 and EMA200)
• 4h trend is down (price below EMA50 and EMA200)
• 1h trend is down (price below EMA50 and EMA200)
My take on BTR today
I'm watching BTR for a potential short opportunity with moderate confidence. The daily trend is down, and the 1h timeframe price is below EMA50. I want to see sellers remain in control around 0.0480721, with the 15m RSI at 45.74 suggesting sellers are still applying pressure.
Where would you place the invalidation level?