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
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#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
An Idea for BTTUSD and BTTBTC
Assuming this is a triangle formation and not just a double top
A bull breakout upwards will occur (indicated by arrow)
BTTBTC has reached a level that has previously been a support point twice in the past
Lets see if it hodls again for the third time
I am long BTT
Here we see that we've been in a slight wedge pattern running along this resistance, if you also take a look at the RSI we've been in a slight sell-off which is actually a strong Bullish indicator.
We've been in a sell-off but have stayed fairly steady along this resistance, once we get the Volume back up we will be in a nice Uptrend. If we do get a pullback we...
Drawing trendlines within the fib circle
It looks like the early times of support being established from a previous trendline
I think this coin could go big in the long term, it just needs time
I hodl BTT
Idea above shows true potential
Possible bullish pattern for BTT BiTTorent.. waiting for the Weekly Vortex Indicator to turn bullish. RSI is very low, Weekly Stoch RSI is now rising.
Have fun and wish everyone a awesome Christmas time ! Best to you !
$BTT
I wager that we see a bounce around 11-12 sats area, targeting 15-16. I'm not putting my money where my mouth is because I'm more interested in other setups atm, however that upcoming lunch with Buffet in the coming weeks could be used as a catalyst to push this up.
