Kind of a cup and handle formation (a bit jerked :P) but what matters it looks like one in my view. If this is confirmed you already know what it means continuation of bullish trend.
My bets for BTTUSDT this altcoin season that is yet to come will be:
Low risk: .03$
Med risk: .05$
High risk: .07$
Hold till moon risk: .10$
Remember DOGECOIN was less a cent...
⏳ Spot
💎 BTTUSDT has formed a symmetrical triangle on H12. The price has got rejected from the support line and has been making HHs and HLs. After the breakout I expect the price to go higher and reached the TPs
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.003380
☕️ TP1 0.004110
🍺 TP2 0.004920
🍻 TP3 0.005750
🍾 TP4...
Dear Friends, I am sharing with you the Idea of BTTUSDT pair, it is right now forming a cup & Handle and near to breakout this pattern. If it break this patern then it will go long. So keep an eye on it... And also please like and share my idea if you like it. and comment about idea.
According to my BTT short term (15min) analysis it has been performing a cup & handle. It is about to break neckline, If it broke to upward my technical target is $ 0.0039 in short term.
Thank You !
#DoYourOwnResearch#
#IamNotaFinancialAdvisor#
- BitTorrent is the most popular torrent client (together with uTorrent).
- On the chart we can see a bullish flag , which is currently breaking out!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The price retested the ALL TIME HIGH level, we can...
With how BTT is preforming now I think its safe to assume at this point in time we're gonna see a LOOOOOOOOOOOOOOONG consolidation phase stretching to as long as 2-3 years until the next halving bullrun... Lets hope you weren't like me and bought the top hoping for that one god wick that never came... So if you wanted to start collecting those sweet BTT coins,...
Weekly and daily charts are all about buying ! We just have to find the right point for BUY.
Do we have a better fit than your day's zoon, too?
And Please consider that they have a joint project with TRON.
If a reversal back upwards in the market occurs
BTT is a good candidate for an altcoin buy
It just makes sense
However if a reversal doesn't come to be, this post will be redundant
Aim for sell at .1 if we go there
BTT is right on the trend line, which is now acting as STRONG SUPPORT! 3 TIMES TESTED THIS LINE and bounced back! If it closes below the line then the idea is invalidated and you better get out of this coin. Otherwise targets 0.020$ by January 2022!
Dear friends, here you can see a Strong Support zone of BTT and a Triangle pattern. But remember that Fundamental news are more important than technical analysis in Cryptocurrency world.
ATTENTION: THIS IS NOT A TRADING SIGNAL.
Let me know your opinion.
