BTW continues to rise despite the price action being overextended.
🟢 Buy $BTW
/USDT: Bullish price outlook
Bias: Buy · Strong
Entry: 2.5127323 – 2.5484677
Take profit 1: 2.7587711 (+9.0%)
Take profit 2: 2.9108852 (+15.0%)
Take profit 3: 3.1390563 (+24.0%)
Stop loss: 2.2263719 (-12.0%)
Plan: Enter only within the range, close 50% at take profit 1, 25% at take profit 2, and 25% at take profit 3, and move the stop loss to the entry price after take profit 1.
Why buy? 6/11 signals agree, and one signal disagrees.
• 4-hour trend is bullish (price above EMA50 and EMA200)
• 1-hour trend is bullish (price above EMA50 and EMA200)
• Buyers are driving the move (15-minute ADX at 34.2)
Risk: Price is far above its average, making a pullback likely (+3.2 ATR from the 1-hour EMA50)