The HEMI strategy shared earlier has now successfully captured this round’s profit potential. This isn’t divergence—the breakout is speaking for itself. $BTR The moving averages across all timeframes are bearishly aligned, with price from the daily chart down to the hourly chart sitting below both EMA50 and EMA200. Structurally, there’s no room for the bulls. Each rebound comes with weaker volume, showing that sellers are in control; pullbacks look more like opportunities to position for shorts.
The resistance zone above has been tested repeatedly without a breakout. I’m inclined to treat rebounds as opportunities to position, rather than signs of a reversal. A break below the key level would open up room to the downside, and the stop-loss logic is clear: if price moves back above that line, the thesis is wrong.
🔴 Trade direction: Short
📍 Entry range: 0.0441778 – 0.0443232
🛑 Stop loss: 0.0456218
🎯 Take profit 1: 0.0432220
🎯 Take profit 2: 0.0425363
🎯 Take profit 3: 0.0415078
Behold the vastness of mountains and seas; observe the market’s every subtle move.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#BTR
Click below to trade 👇
The resistance zone above has been tested repeatedly without a breakout. I’m inclined to treat rebounds as opportunities to position, rather than signs of a reversal. A break below the key level would open up room to the downside, and the stop-loss logic is clear: if price moves back above that line, the thesis is wrong.
🔴 Trade direction: Short
📍 Entry range: 0.0441778 – 0.0443232
🛑 Stop loss: 0.0456218
🎯 Take profit 1: 0.0432220
🎯 Take profit 2: 0.0425363
🎯 Take profit 3: 0.0415078
Behold the vastness of mountains and seas; observe the market’s every subtle move.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#BTR
Click below to trade 👇