BTR's recent trend is worth paying attention to. The current price is around 0.03181, down more than 4 percentage points from earlier levels. From a technical perspective, the bearish momentum is weakening, showing signs of potential reversal. The current downtrend cycle has already run for 80 K-lines.
The dynamic tracking line is set at 0.03172, which serves as an important resistance reference and also as a stop-loss line for aggressive traders.
Where is the key support level? Focus on 0.03155 and 0.03114. Looking upward, 0.03195, 0.03224, and 0.03271 are all potential resistance levels.
From an operational standpoint, the price is now closely following the downtrend line, but a clear bullish divergence has appeared on the MACD, which is a good sign. If you are an aggressive trader, you can wait until the price clearly stabilizes above 0.03195, then try a small long position, with an initial target around the 0.0327 area.
However, risks are also present. If the price cannot effectively break through the trendline resistance, the rebound may fail, and the market could continue downward. Watch the support at 0.0311. Currently, we are at a critical turning point, and price volatility may increase, so stay alert.
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SquidTeacher
· 01-05 03:51
Bullish divergence is indeed interesting, but what I worry more about is false breakouts... too many people are playing at this level.
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DegenMcsleepless
· 01-04 12:53
The bullish divergence is quite interesting. I'm just waiting for it to break 0.03195. Entering with a small position is acceptable.
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MaticHoleFiller
· 01-04 12:48
How should I say about the bottom divergence signal... We need to wait until it truly stabilizes before making any judgments; just looking at MACD alone can easily lead to getting trapped.
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LostBetweenChains
· 01-04 12:45
I've seen the bottom divergence signal too many times; there's no reversal, it just keeps crashing in the end.
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SchrodingerWallet
· 01-04 12:44
The bearish divergence signal is good, but I still prefer to wait for a rebound confirmation before jumping in. Currently, going long feels like it’s easy to get trapped.
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ReverseFOMOguy
· 01-04 12:44
The bearish divergence is back again. Every time, it says there will be a reversal, but it keeps falling. It's just frustrating to watch.
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OfflineValidator
· 01-04 12:43
Bottom divergence again and again, where's the expected reversal? I've waited so long, just hoping for this to stabilize at 0.03195. Alright, I bet it won't.
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OPsychology
· 01-04 12:32
MACD bullish divergence has appeared. This reversal signal is quite clear; it all depends on whether it can break through the 0.03195 barrier.
BTR's recent trend is worth paying attention to. The current price is around 0.03181, down more than 4 percentage points from earlier levels. From a technical perspective, the bearish momentum is weakening, showing signs of potential reversal. The current downtrend cycle has already run for 80 K-lines.
The dynamic tracking line is set at 0.03172, which serves as an important resistance reference and also as a stop-loss line for aggressive traders.
Where is the key support level? Focus on 0.03155 and 0.03114. Looking upward, 0.03195, 0.03224, and 0.03271 are all potential resistance levels.
From an operational standpoint, the price is now closely following the downtrend line, but a clear bullish divergence has appeared on the MACD, which is a good sign. If you are an aggressive trader, you can wait until the price clearly stabilizes above 0.03195, then try a small long position, with an initial target around the 0.0327 area.
However, risks are also present. If the price cannot effectively break through the trendline resistance, the rebound may fail, and the market could continue downward. Watch the support at 0.0311. Currently, we are at a critical turning point, and price volatility may increase, so stay alert.