$BTR /USDT
Current Price: $0.06116 (+57.87%)
Pattern: Bull Flag forming on 4H timeframe – classic continuation pattern indicating consolidation before a potential upward move.
Trading Plan:
Entry: $0.058
Target 1: $0.061 (near current price, first resistance)
Target 2: $0.065 (major next resistance zone)
Stop Loss: $0.055 (below recent support to limit risk)
Strategy Notes:
Wait for a 4H candle close above resistance to confirm the breakout.
Volume confirmation is crucial: a breakout with strong volume increases the likelihood of a sustained rally.
Risk management: make sure position sizing aligns with your stop loss to control losses.
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