$BTR The final signal is here: BTC’s current price action is confirming a bearish trend. Look, the price is trading below the moving averages across all three time frames, from the daily chart down to the 1-hour chart. Each rebound is weaker than the last, so chasing longs right now would put you at a disadvantage. There’s no need to rush into a trade—wait for the price to rebound toward resistance before considering an entry. That should give you a much better chance of success.
There’s still room to move lower, and the moving averages continue to act as resistance. The rebound looks more like an opportunity for bears to step in. From what I can see, this structure is weak, so keep your position size small and don’t go in too heavily.
🔴 Trade direction: Short
📍 Entry range: 0.0476477 – 0.0477431
🛑 Stop loss: 0.0489116
🎯 Take profit 1: 0.0467833
🎯 Take profit 2: 0.0461751
🎯 Take profit 3: 0.0452630
No need to chase the prevailing winds; they’ll come to rest in time.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#BTR
Click below to trade 👇
There’s still room to move lower, and the moving averages continue to act as resistance. The rebound looks more like an opportunity for bears to step in. From what I can see, this structure is weak, so keep your position size small and don’t go in too heavily.
🔴 Trade direction: Short
📍 Entry range: 0.0476477 – 0.0477431
🛑 Stop loss: 0.0489116
🎯 Take profit 1: 0.0467833
🎯 Take profit 2: 0.0461751
🎯 Take profit 3: 0.0452630
No need to chase the prevailing winds; they’ll come to rest in time.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#BTR
Click below to trade 👇