- the price is out of the bull wedge
- as well as #TRX in the example above fell to strong support, followed by a rebound
- top 30 justin sun promises him
- bearish divergence
Who is out of position, it is possible to enter from the current or closer to the resistance of the wedge. Stop under the blue line (red dotted line). Profits are indicated by green areas on...
The priceline of BitTorrent (BTT) / Bitcoin cryptocurrency has completed the formation of bullish butterfly and entered in potential reversal zone.
The RSI is already oversold and stochastic RSI has given bull cross.
From here the price action can hit the sell targets soon insha Allah.
I have defined targets using Fibonacci sequence as below:
BTT has taken the liquidity below the previous 2 lows and bounced off of support
We can see a strong reaction so far but needs to start showing signs of strength or else we could see another wave lower breaking below this strong floor
OBV still remains uptrending while price continues to make lower lows, which is a sign of bull div
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.
- Justin Sun cool marketer he is good PR their products including the throne and in addition more and BitTorrent appeared. Graphs are very similar to where the throne began and now BitTorrent has the same pattern of the beginning of the pump. Justin Sun promised that both coin throne and BitTorrent gonna drive in have mandated 10 coins. I also think that the pump...
#BTT #BTTBTC (Binance)
Almost Ready For Breakout..
Volume Is Incresing
Falling Wedge Completed..
Buy Around 10-11 Sats
For Short Term 14-16-18 Sats
For Midterm 23-25-27 Sats
Justin Will Pump It Soon
As last analytic for BTT, BTT has increased strongly from the area of 0.0006$. Target of this wave can reach 0.000828$-0.001$ or 14-20sts
I think BTT has accumulated enough and ready to pump.
In my opion, I don't see any deeper dip for BTT
Stoploss if price is lower than 0.0006$ or 8sts
Bouncing today for 20%. Personally I'd be taking profit here and at white zone. If we manage to break through and turn that level back into support, then R2 would be the next ceiling.
If I was looking to long, I'd either way for a retrace to the yearly open (green support) if the chance occurs, or once we break white zone and turn it into support.