What is Inverse Head And Shoulders Pattern?
Formation of the head and shoulders pattern in trendline indicates a reversal in uptrend. Similarly, an inverse head and shoulders pattern appearing in a downtrend is indicative of bearish to bullish reversal. Like head and shoulders pattern, the inverse head and shoulders also appear in all time frames and is easy to...
BTTOLD has formed a nice bullflag structure
This is a breakout above the dominant downtrend in orange
Very similar to a prior bullflag that can be seen in green circle
Great long opportunity
An opportunity presents itself on the Monthly timeframe for BTTOLDUSD, as price shows a sharp dip below a strong level of support, this dipped is quickly recovered and the support maintained
This is considered very bullish in my opinion and a long entry along this support line is nice
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BTT is near a strong resistance zone, The possibility of rejection from this area is higher but there is still hope to breakout this resistance.
After breakout of this resistance, You can set your buy orders, In the blue area to achieve a 25% gain.
BINANCE:BTTUSDT
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Possible Targets
➡️Come back in to white uptrend channel and retest 0.38 level fib
➡️MACD - bullish
➡️Mood on market in cold green zone, good indicator for accumulation
Hope you enjoyed...
BINANCE:BTTUSDT
Today we will see #BTTC Mainnet Launch
#BTT Redenomination Plan will redenominate old #BTT and swap with the new at 1:1000 ratio.
This is possible move by this news for BTT retest middle line downtrend channel, and going inside upside trend channel to the next target 0.38 on global fib since May.
Hope you enjoyed the content I created, You...
Using again the Cloud indicator,
extreme support can be seen building in the orange zone, with many touches at the bottom of this zone
this was a support even before the massive breakout, expect another breakout if it continues to hodl
BINANCE:BTTUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
#BTTC Mainnet and #BTT Redenomination Plan will be launched on Dec 12, 2021!
We trade in RED downtrend channel, and by this news we going out of middle line this channel and start coming...
Using this bands indicator, I am able to plot the highs and lows for BTT.
Price can be currently seen to be within a symmetrical triangle, yet to break out
The staggered indicator can be seen within the triangle this is common with triangle structures
The upcoming BitTorrent Chain (BTTC) will be a cross-chain scaling solution that interconnects TRON, Ethereum, and BSC. On top of providing global mainstream blockchains with practical scaling solutions, more importantly, it will deliver heterogeneous cross-chain communication that is decentralized and free of trust, ushering in a new era of “connecting all...
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Downward trend is broken (It's better to wait till tomorrow but it's already seems OK)
BTT is also in support zone , there are several supports (like 200EMA or static/dynamic support...) witch make it even more interesting.
I expect BTT to act like WINK
The first goal is 0.005 and the next one is 0.009
