LoganWestCoast

UPDATE: BTTBTC - Potential 200% Setup

Long
LoganWestCoast Updated   
BINANCE:BTTBTC   None
Updated my chart after altering the fib levels. I've outlined the most likely short-term scenario based on the following:
- Justin Sun's Consensus 2019 appearance later today
- Sun Network Testnet release on May 30th

If all goes to plan, I will sell 50% of my stack at 15 sats, buying back in the "strong buy zone" before targeting the highlighted levels.

This is not intended as financial advice. Let me know what you think!
Comment:
Volume is increasing on the USDT pairing, BTC pairing continues to be suppressed by Bitcoin's pumping but is holding the support at 9 sats.

Justin Sun announced yesterday that BTT will be active on uTorrent by the end of June, so still confident in a positive move in the coming days/weeks.

Currently approaching the area I consider BTT to be a strong buy; after considering the current situation, I have another buy at 9 sats waiting to be filled.
Comment:
Technically, we opened today's daily candle above the upper trendline. However, volume seems to have dropped a little overnight and there's been no follow-through as yet.

A good sign, but not getting too excited at the minute.
Comment:
Binance trading has been suspended for the last few hours, decreasing the volume significantly. However, $2M have been added to BTT's market cap during this time.

Binance trading will reopen in the next couple of hours, could see a pump when it does.
Comment:
Touched our T2 earlier. Looks on track to complete the move.

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