Short sellers — is $BTR about to hand you another leg down?
BTR is trading below a bearish 4h EMA stack, and the daily picture backs the downside: price sits below both EMA50 and EMA200, so the big-picture trend is firmly down.
The setup:
Entry: 0.0419747 – 0.0421453
TP1: 0.0405303 (-3.6%)
TP2: 0.0395105 (-6.1%)
TP3: 0.0379808 (-9.7%)
SL: 0.0440996 (+4.8%)
The charts agree — 1h price 0.0421 with RSI(6) at 30.49, MACD still negative, and Ichimoku showing price below the cloud with a bearish TK cross and a bearish cloud ahead.
Plan: bank 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry once TP1 hits.
Does this short have more to gain than lose in your view? Manage risk — market analysis only, not financial advice.
BTR is trading below a bearish 4h EMA stack, and the daily picture backs the downside: price sits below both EMA50 and EMA200, so the big-picture trend is firmly down.
The setup:
Entry: 0.0419747 – 0.0421453
TP1: 0.0405303 (-3.6%)
TP2: 0.0395105 (-6.1%)
TP3: 0.0379808 (-9.7%)
SL: 0.0440996 (+4.8%)
The charts agree — 1h price 0.0421 with RSI(6) at 30.49, MACD still negative, and Ichimoku showing price below the cloud with a bearish TK cross and a bearish cloud ahead.
Plan: bank 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry once TP1 hits.
Does this short have more to gain than lose in your view? Manage risk — market analysis only, not financial advice.
