The LSK strategy we discussed earlier paid off nicely this time—great job to everyone who followed the plan! Unusual price signals are more reliable than sentiment; real confirmation comes from the chart structure. $BTR ’s rebound looks lively, but on the four-hour timeframe, the price has failed to climb above any moving average. Every push higher has been met with selling pressure. We have to acknowledge that reality when trading. On the daily chart, the price is also below the medium- and long-term moving averages, so the broader downtrend remains intact.
It has been a little stronger than BTC lately, but strength that doesn’t turn into a breakout is hollow—and it may actually offer a better short entry. The rebound hasn’t been accompanied by sustained increases in volume, and buying support is only average. I’m inclined to go short when the rebound meets resistance, with the previous low area below as a zone worth watching. Pay close attention to how the price reacts around the moving averages, and don’t rush to chase the rebound.
🔴 Trade direction: Short
📍 Entry range: 0.0418935 – 0.0420999
🛑 Stop loss: 0.0439512
🎯 Take profit 1: 0.0405308
🎯 Take profit 2: 0.0395535
🎯 Take profit 3: 0.0380877
There’s no need to chase the latest trend; it will come to you in time.
Stand shoulder to shoulder with Sister Li, and make every moment count.
#BTR
Click below to trade 👇
It has been a little stronger than BTC lately, but strength that doesn’t turn into a breakout is hollow—and it may actually offer a better short entry. The rebound hasn’t been accompanied by sustained increases in volume, and buying support is only average. I’m inclined to go short when the rebound meets resistance, with the previous low area below as a zone worth watching. Pay close attention to how the price reacts around the moving averages, and don’t rush to chase the rebound.
🔴 Trade direction: Short
📍 Entry range: 0.0418935 – 0.0420999
🛑 Stop loss: 0.0439512
🎯 Take profit 1: 0.0405308
🎯 Take profit 2: 0.0395535
🎯 Take profit 3: 0.0380877
There’s no need to chase the latest trend; it will come to you in time.
Stand shoulder to shoulder with Sister Li, and make every moment count.
#BTR
Click below to trade 👇