I think we need one more week. To bust a few stops. But not quite go all the way down to the buy support at the 786 fib level (12-13 sats ). Somewhere in the middle creates the maximum amount of uncertainty. So approx 16 i'd say.
And on the , you could easily form an inverted . For which, we would cross the neckline (up) on March 24th/25th. This would coincide with breaching the top of the on the same time. Creating a double breakout for extra power.
As Bitcoin either goes sideways, or down to retest one of either of 3 supports: retouch the wedge (potentially lower than the last bottom), the recent trend line (dotted), or the bottom again. And personally, I'm thinking October for the real start of the bull run for BTC. Once the bottom is well established technically.
BTT should come out with the launch of their coin.... And the difference between BTC's no action or negative action, and positive fundamentals coming from BTT. Should be enough to slingshot the price up (against BTC). And thats where I think our run up to 45+ (100 hopefully, 2000 in dreamy land!) will come from.
Let's just confirm that there's actual volume behind this, and not yet another fake out.
I've been long on this coin for a while, so I'm not really trading this information either way. But if it dips significantly more, I'll definitely add to my position.