【$BTR Signal】Pullback to Long + 1H Strong Consolidation, Preparing for a Second Surge
$BTR The 1H timeframe experienced a violent surge of over 40% yesterday and is now in a strong consolidation phase at a high level. The price is building a support platform around 0.199, with the 1H EMA20 (0.1878) providing dynamic support. The 4H level shows a pullback confirmation after volume breakout. Open interest remains stable, indicating that funds are not significantly withdrawing. This is a typical main force shakeout and accumulation pattern, waiting for a second ignition.
🎯 Direction: Long (Long)
🎯 Entry/Order: 0.1985 - 0.2000 ( Reason: Current strong consolidation at the lower boundary, 1H candlestick body support zone )
🛑 Stop Loss: 0.1930 ( Reason: Break below yesterday’s key pullback low after the surge and 1H EMA50 support )
🚀 Target 1: 0.2100 ( Reason: Resistance near previous high, initial profit-taking point )
🚀 Target 2: 0.2260 ( Reason: Breakthrough previous high, aiming for 4H level previous high resistance )
🛡️ Trading Management:
- Position Size Suggestion: Light ( Reason: Significant intraday rally with high volatility, control risk )
- Execution Strategy: After entering, if the price quickly surges to Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for more than 4 1H candles without advancing, consider halving the position or taking breakeven.
Deep Logic: The three massive bullish candles on the 4H level set a strong tone, with the last candle closing with a long upper shadow but no deep decline, indicating healthy rotation. The 1H RSI (67.05) has fallen back from overbought into a healthy zone, leaving room for further upward movement. Market data shows sell orders stacking above 0.1997, but buy orders are also substantial below 0.1995, creating a delicate balance. Once buy pressure overcomes the thin sell orders above, a rapid surge is likely. Market logic suggests upward movement, combined with stable open interest, indicating main force support or new funds entering, rather than pure short-term selling pressure.
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StarryCommunityBitcoinGold
· 4h ago
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【$BTR Signal】Pullback to Long + 1H Strong Consolidation, Preparing for a Second Surge
$BTR The 1H timeframe experienced a violent surge of over 40% yesterday and is now in a strong consolidation phase at a high level. The price is building a support platform around 0.199, with the 1H EMA20 (0.1878) providing dynamic support. The 4H level shows a pullback confirmation after volume breakout. Open interest remains stable, indicating that funds are not significantly withdrawing. This is a typical main force shakeout and accumulation pattern, waiting for a second ignition.
🎯 Direction: Long (Long)
🎯 Entry/Order: 0.1985 - 0.2000 ( Reason: Current strong consolidation at the lower boundary, 1H candlestick body support zone )
🛑 Stop Loss: 0.1930 ( Reason: Break below yesterday’s key pullback low after the surge and 1H EMA50 support )
🚀 Target 1: 0.2100 ( Reason: Resistance near previous high, initial profit-taking point )
🚀 Target 2: 0.2260 ( Reason: Breakthrough previous high, aiming for 4H level previous high resistance )
🛡️ Trading Management:
- Position Size Suggestion: Light ( Reason: Significant intraday rally with high volatility, control risk )
- Execution Strategy: After entering, if the price quickly surges to Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for more than 4 1H candles without advancing, consider halving the position or taking breakeven.
Deep Logic: The three massive bullish candles on the 4H level set a strong tone, with the last candle closing with a long upper shadow but no deep decline, indicating healthy rotation. The 1H RSI (67.05) has fallen back from overbought into a healthy zone, leaving room for further upward movement. Market data shows sell orders stacking above 0.1997, but buy orders are also substantial below 0.1995, creating a delicate balance. Once buy pressure overcomes the thin sell orders above, a rapid surge is likely. Market logic suggests upward movement, combined with stable open interest, indicating main force support or new funds entering, rather than pure short-term selling pressure.
Trade here 👇 $BTR
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