CryptoManiac101

BTT / BTC TA - SOLID 40% PROFIT POSSIBILITY - CryptoManiac101

Long
BINANCE:BTTBTC   None
BTT / BTC TA - Clear trade with over 40% profit possibility

Do keep in mind that this is a newly released token which means that we don't have enough data for complete analysis. BTT may see similar movement as Tron did back in 2016 when it was first released, however since this is somewhat 'backed' by Tron the company and is fully supported by Binance, we may see a much more accelerated growth beyond our minor target. We would not recommend to outright put sell orders around target area, unless you're a day trader. Instead set profit stop losses as we move closer to target zone and just inch just stop loss forward which would minimize your risk and actually move your trade into profit even in the case we see a massive drop.

If you've received it through an airdrop, definitely would recommend to keep it through next bull run as it may outperform what Tron did back in 2017

Enjoy it and be safe!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.