Would be nice, but I think we'll run to the end of your triangle first. Usually takes the slowest path!
Erkan_Ozak
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@losingup, I think so. I've been observing the buy-sell orders for last 2-3 hours. And selling side of the trading is still more powerfull. The chart was only a possibility for us to follow, thats it. Thanks for your contribution.
losingup
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@Erkan_Ozak, Likely. Though I don't give much credibility to the order books, as it's mostly bots and walls that'll be pulled.
But BTT should move up soon. It's basically inevitable in my mind. Just gotta ride out the patience game first.
@Erkan_Ozak, Looking at the timeline, your triangle comes to a close on 12/13th March. Which is right after the next airdrop to TRX holders. So once that 1billion BTT max selling pressure eases for another month, could be good to go.
losingup
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@Erkan_Ozak, I'm thinking something like this for a slower way forwards. As we may be a bit optimistic with our current timelines; and even this isn't slow. Only a few more weeks;
- Touch 18 within your triangle.
- Breakout a little bit.
- Then fall back down to retest the upper descending trend line, this could be a wick down to 17.
- Then sideways til the end of the month
- Creep upwards, followed by an announcement of launch/fundamental. And boom.
Erkan_Ozak
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@losingup, You say right. The arrow is still down and inside the triangle. I agree with you on the opinion of BTT max selling pressure. Your chart shows a good approach. Nearly same ideas. Thank you
losingup
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@Erkan_Ozak, Yes. Same idea. I just find things take longer than you expect. And as much as it would be nice to have a clear vertical breakout from the triangle - rarely happens like that. Especially when you're long on the coin already lol
@Erkan_Ozak, Also to note, Tron @ 6 weeks hit its low point (17sats conveniently enough). I wonder if history repeats somewhat here / this weekend? (And Tron then took 4 weeks from here, to reach its bubble top)