📉 BTW — SHARP CORRECTION & MOVING AVERAGE RECLAMATION ATTEMPT! 🔴
$BTW (Bitway) is trading lower at 1.2711 (-16.56%, or roughly Rs352.37), moving within a 24-hour range between a high of 1.6281 and a low of 0.8646. Price action on this 4-hour chart displays a heavy pullback following its rejection near the 1.76620 peak, currently attempting to stabilize and cross back over the fast MA(7) (1.17070) while testing below the MA(25) (1.34751) and holding above the structural MA(99) (1.06665) baseline.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1.1000–1.2500 (on support defense and sustained consolidation above the fast moving average cluster)
🛑 STOP LOSS: 0.9800
🎯 TP1: 1.4500
🎯 TP2: 1.7000
Are you buying this Bitway dip as it bounces off local support, or waiting for a clean reclaim of the MA(25)? Let's discuss below! 👇
👉 Trade: $BTW
#BTW #Bitway #cryptotrading #BinanceSquare #Correction
$BTW (Bitway) is trading lower at 1.2711 (-16.56%, or roughly Rs352.37), moving within a 24-hour range between a high of 1.6281 and a low of 0.8646. Price action on this 4-hour chart displays a heavy pullback following its rejection near the 1.76620 peak, currently attempting to stabilize and cross back over the fast MA(7) (1.17070) while testing below the MA(25) (1.34751) and holding above the structural MA(99) (1.06665) baseline.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1.1000–1.2500 (on support defense and sustained consolidation above the fast moving average cluster)
🛑 STOP LOSS: 0.9800
🎯 TP1: 1.4500
🎯 TP2: 1.7000
Are you buying this Bitway dip as it bounces off local support, or waiting for a clean reclaim of the MA(25)? Let's discuss below! 👇
👉 Trade: $BTW
#BTW #Bitway #cryptotrading #BinanceSquare #Correction
