$BTW High-reward opportunities often emerge when everyone else is hesitating, and BTC is a perfect example right now. The moving averages on the 4-hour and 1-hour charts are still bearishly aligned, and the price gets pushed back down whenever it rebounds toward them, showing that selling pressure remains overhead. Looking at the chart, this rebound hasn't been backed by volume, and the price hasn't held above key levels, so the overall structure is still weak.
My plan is to wait for a rebound into the resistance zone and see whether the downtrend can continue, rather than chasing the rebound with a long position. One thing to keep in mind: the price is a little far from the moving averages, so a short-term bounce is quite possible. Keep your position size small and play it safe.
🔴 Trade direction: Short
📍 Entry range: 0.9876517 – 0.9947272
🛑 Stop loss: 1.0656238
🎯 Take profit 1: 0.9353637
🎯 Take profit 2: 0.8981466
🎯 Take profit 3: 0.8423208
There's no need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and let every moment resonate.
#BTW
Click below to trade 👇
My plan is to wait for a rebound into the resistance zone and see whether the downtrend can continue, rather than chasing the rebound with a long position. One thing to keep in mind: the price is a little far from the moving averages, so a short-term bounce is quite possible. Keep your position size small and play it safe.
🔴 Trade direction: Short
📍 Entry range: 0.9876517 – 0.9947272
🛑 Stop loss: 1.0656238
🎯 Take profit 1: 0.9353637
🎯 Take profit 2: 0.8981466
🎯 Take profit 3: 0.8423208
There's no need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and let every moment resonate.
#BTW
Click below to trade 👇