🔴 $BTW/USDT – SHORTS ARE IN CONTROL!
$BTW is showing fairly bearish signals, with both the 4H and 1H trends leaning downward and the price below EMA50 and EMA200.
📉 SHORT plan:
⟶ Entry: 0.6503 – 0.6643
• TP1: 0.4999 (-24%)
• TP2: 0.3949 (-39.9%)
• TP3: 0.2374 (-63.9%)
⛔ SL: 0.8672 (+31.9%)
However, the price has already fallen quite sharply and is now far below the 1H EMA50, so a short-term rebound could occur.
🎯 It’s best to wait for a bounce to find a suitable SHORT entry, rather than chasing the price after a sharp drop. Managing your capital and sticking to your SL are most important!
Do you think BTW will continue plunging, or will a strong rebound occur?
$BTW is showing fairly bearish signals, with both the 4H and 1H trends leaning downward and the price below EMA50 and EMA200.
📉 SHORT plan:
⟶ Entry: 0.6503 – 0.6643
• TP1: 0.4999 (-24%)
• TP2: 0.3949 (-39.9%)
• TP3: 0.2374 (-63.9%)
⛔ SL: 0.8672 (+31.9%)
However, the price has already fallen quite sharply and is now far below the 1H EMA50, so a short-term rebound could occur.
🎯 It’s best to wait for a bounce to find a suitable SHORT entry, rather than chasing the price after a sharp drop. Managing your capital and sticking to your SL are most important!
Do you think BTW will continue plunging, or will a strong rebound occur?
