[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: 2025-06-21 19:55:28 UTC $BTU $BTU had been showing signs of strength mid last week as price pushed above its 50-day moving average, making a run toward the neckline of a potential inverse head and shoulders pattern—often seen as a bullish reversal setup. Momentum was building, suggesting bulls were attempting to shift the trend. However, Friday’s session shifted the tone dramatically with a large bearish engulfing candle that wiped out the previous three sessions’ gains and closed near the lows of the day, down nearly 6%. This kind of aggressive selling pressure threatens the development of the right shoulder and casts doubt on immediate bullish continuation. While the pattern is not yet invalidated, bulls must step in quickly to defend the $XX support level, which aligns with the right shoulder’s structure. If this level fails, the setup could unravel. This scenario highlights the critical importance of waiting for confirmation in pattern-based trading—jumping in too early on unconfirmed structures can expose traders to unnecessary risk and sharp reversals. $ARCH $CEIX $ARLP $HCC $AMR $NC $NRP $SXC $METC $TECK $BTG $CLF  XXXXX engagements  **Related Topics** [btu btu](/topic/btu-btu) [btu](/topic/btu) [trader](/topic/trader) [momentum](/topic/momentum) [reversal](/topic/reversal) [$btu](/topic/$btu) [$trader](/topic/$trader) [Post Link](https://x.com/GDXTrader/status/1936513319638016331)
[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: 2025-06-21 19:55:28 UTC
$BTU
$BTU had been showing signs of strength mid last week as price pushed above its 50-day moving average, making a run toward the neckline of a potential inverse head and shoulders pattern—often seen as a bullish reversal setup.
Momentum was building, suggesting bulls were attempting to shift the trend. However, Friday’s session shifted the tone dramatically with a large bearish engulfing candle that wiped out the previous three sessions’ gains and closed near the lows of the day, down nearly 6%.
This kind of aggressive selling pressure threatens the development of the right shoulder and casts doubt on immediate bullish continuation.
While the pattern is not yet invalidated, bulls must step in quickly to defend the $XX support level, which aligns with the right shoulder’s structure. If this level fails, the setup could unravel.
This scenario highlights the critical importance of waiting for confirmation in pattern-based trading—jumping in too early on unconfirmed structures can expose traders to unnecessary risk and sharp reversals.
$ARCH $CEIX $ARLP $HCC $AMR $NC $NRP $SXC $METC $TECK $BTG $CLF
XXXXX engagements
Related Topics btu btu btu trader momentum reversal $btu $trader