After seeing immense returns a couple of weeks ago, the hype around BTT has evaporated and moved over to other assets. DOGE is a good example.
When looking at the chart there's a clear pattern. Not really a triangle, but something is brewing. The 0.0075 resistance is holding strong, the tops are getting lower. Classical bearish pattern. However, we're currently in a very strong period of the bull cycle, so I'm optimistic about this pattern.
For reference, my RVN analysis of last night:
My best guess would be that we're going to see a strong increase in volume/price in the coming days. Keep an eye out on BTT!
In my opinion, seeing 2 descending triangles, doesn't help to see it "fly to the moon". However I do agree, that the resistance line is holding nicely. We will see if BTT manages to break out of the bearish trend - fingers crossed.
FieryTrading
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@Reuvenx, I agree that a bearish triangle doesn't mean "fly to the moon". However, seeing that current state of the market, plus the fact that BTT has been relatively quiet during this time makes me believe we're going to see some fireworks soon.
@FieryTrading