One of the most talked about altcoins in recent weeks is BTT , a project already consolidated in the world market that arrived with strength in the crypto market seeking the decentralization of the torrent platform.
With a very significant increase since the ICO (1000% in ATH ), it has made many investors remember the golden weeks of the crypto market, comparing the move to movements that occurred in December 2017 in several altcoins.
Well, let's get down to business:
Graphically the BTT had a practically vertical upward move and then started a correction coming from 37sat some days ago to 20sat in the last 24h forming a that was broken few hours ago, a drop in the indicated the selling force finishing and at that moment we can perceive the returning to increase in the breaking of the figure.
, besides being on the positive side above zero, we can see the formation of an which is a very strong pattern that confirms my expectation of uptrend in the next few hours/days.
is also showing that the buying power is dominant now, crossing above 50 and holding steady above that on the 1H chart.
The price has already surpassed the MA20 and MA50 and currently they are serving perfectly as a dynamic support, both are pointed up and also demonstrate the possible beginning of a short-term .
Buy-Long at: 25sat
Target: 30sat (+20%) and 36sat (+44%)
SL: 21sat (-16%)
Im moving the stop-loss to 25sat on the remain 1/2.