$BTW IS ANOTHER DUMP COMING?
For roughly the past week BTW has been moving inside a wide range between the $0.90 and $1.45 areas. Now BTW is trading around $1.1 with +17% gainer.
That kind of repeated rejection near the highs can become important if buyers fail to push through resistance.
If you're considering a short the higher end of the range may offer a more interesting risk area. But if $0.90 support holds and price bounces strongly, taking profits on the short becomes important.
The key levels are simple resistance near $1.45 and support around $0.90. dyor
$BTW
For roughly the past week BTW has been moving inside a wide range between the $0.90 and $1.45 areas. Now BTW is trading around $1.1 with +17% gainer.
That kind of repeated rejection near the highs can become important if buyers fail to push through resistance.
If you're considering a short the higher end of the range may offer a more interesting risk area. But if $0.90 support holds and price bounces strongly, taking profits on the short becomes important.
The key levels are simple resistance near $1.45 and support around $0.90. dyor
$BTW