The LSK strategy I shared earlier has now successfully hit its take-profit targets. The setup played out nicely. Don’t let the disagreement throw you off—the undercurrents are what really matter. On the $BTR four-hour chart, price has stayed beneath the EMAs, with each rebound topping out lower than the last. In this structure, I’d rather follow the sellers’ lead and look for an entry.

The daily chart is similarly discouraging: price is below the medium- and long-term moving averages, and the bears still have control of the broader trend. Its recent relative strength against BTC only suggests that if a catch-up decline begins, the pullback could be substantial. Volume hasn’t picked up noticeably near key levels, showing limited willingness from buyers to step in. I’m inclined to open short positions when rebounds lose momentum, targeting several prior lows below.

🔴 Trade direction: Short
📍 Entry range: 0.0419012 – 0.0421077
🛑 Stop loss: 0.0439593
🎯 Take-profit 1: 0.0405383
🎯 Take-profit 2: 0.0395608
🎯 Take-profit 3: 0.0380947

Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.

#BTR

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