[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  $Trader [@GDXTrader](/creator/twitter/GDXTrader) on x 11.5K followers Created: 2025-04-20 11:29:07 UTC $BTU $BTU printed a long-bodied Fred Tam-style candle two weeks ago, suggesting a potential reversal and shift in momentum as buyers stepped in aggressively. However, last week failed to confirm that pivot, with no strong follow-through to validate the move. Despite the lack of confirmation, price remains perched near the upper boundary of its descending channel, signaling that a breakout could still be in play. The current setup reflects hesitation, as bulls are trying to reclaim control but need a decisive breakout above the channel to shift sentiment. Until then, the pattern remains vulnerable, and traders should watch closely for a clean breakout or further consolidation. For traders seeking to learn effective Japanese candlestick strategies, in-depth technical concepts, detailed chart setups, and our post-market technical analysis video newsletter covering popular commodities, where we teach these approaches and more, join us at Discord: $ARCH $CEIX $AMR $HCC $METC $ARLP $NRP $BTU $NC $CRS $SXC $TECK  XXXXX engagements  **Related Topics** [btu btu](/topic/btu-btu) [trader](/topic/trader) [momentum](/topic/momentum) [reversal](/topic/reversal) [candle](/topic/candle) [fred](/topic/fred) [$btu](/topic/$btu) [$trader](/topic/$trader) [Post Link](https://x.com/GDXTrader/status/1913917845374734336)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
$Trader @GDXTrader on x 11.5K followers
Created: 2025-04-20 11:29:07 UTC
$BTU
$BTU printed a long-bodied Fred Tam-style candle two weeks ago, suggesting a potential reversal and shift in momentum as buyers stepped in aggressively.
However, last week failed to confirm that pivot, with no strong follow-through to validate the move.
Despite the lack of confirmation, price remains perched near the upper boundary of its descending channel, signaling that a breakout could still be in play.
The current setup reflects hesitation, as bulls are trying to reclaim control but need a decisive breakout above the channel to shift sentiment.
Until then, the pattern remains vulnerable, and traders should watch closely for a clean breakout or further consolidation.
For traders seeking to learn effective Japanese candlestick strategies, in-depth technical concepts, detailed chart setups, and our post-market technical analysis video newsletter covering popular commodities, where we teach these approaches and more, join us at
Discord:
$ARCH $CEIX $AMR $HCC $METC $ARLP $NRP $BTU $NC $CRS $SXC $TECK
XXXXX engagements
Related Topics btu btu trader momentum reversal candle fred $btu $trader
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