🔴$BTW USDT — Bitway | Price: 1,6065
❌ SELL (Short) — PRIMARY RECOMMENDATION
Entry zone: 1,640 – 1,660 (as it rises toward resistance)
Rationale:
Order book: 72% sell orders vs. 28% buy orders → nearly 3 times as many people selling as buying.
Down 6,08% today and 32,10% over 7 days → very strong downtrend.
The sharp rejection from 1,750 broke the previous bullish structure → now there are lower highs.
Every attempt to rise is cut short by red candles → buyers lack strength.
Stop-loss: 1,680 (above the rejection zone; if it breaks above this level, the idea fails)
Take-profit: 1,580 → 1,556 (24-hour low)
⚠️ BUY (Only on a bounce at firm support)
Condition: Clear bounce at 1,556 with buying volume
Rationale: Only for a technical bounce at extreme support; the broader trend remains bearish → a quick trade, not a long-term one.
Stop-loss: 1,540
Take-profit: 1,620 → 1,650
❌ SELL (Short) — PRIMARY RECOMMENDATION
Entry zone: 1,640 – 1,660 (as it rises toward resistance)
Rationale:
Order book: 72% sell orders vs. 28% buy orders → nearly 3 times as many people selling as buying.
Down 6,08% today and 32,10% over 7 days → very strong downtrend.
The sharp rejection from 1,750 broke the previous bullish structure → now there are lower highs.
Every attempt to rise is cut short by red candles → buyers lack strength.
Stop-loss: 1,680 (above the rejection zone; if it breaks above this level, the idea fails)
Take-profit: 1,580 → 1,556 (24-hour low)
⚠️ BUY (Only on a bounce at firm support)
Condition: Clear bounce at 1,556 with buying volume
Rationale: Only for a technical bounce at extreme support; the broader trend remains bearish → a quick trade, not a long-term one.
Stop-loss: 1,540
Take-profit: 1,620 → 1,650