Are professional hands in control? Is a distribution schematic forming?
The bullish pattern has been breached with BTTUSDC having been at an all time high.
I have 3 points of interest to re-enter at dependent on how things play out with my lowest being .002.
I am interested in holding this coin long term.
Look forward to any comments, thoughts!
Entonnoir : W/D/H4 (swing)
Un autre configuration de trading range assez bullish sur BTT qui compresse en daily (jaune) dans le bas de sa compression weekly (blanc). Un autre aspect bullish à prendre en compte est le fait que nous ayons eu une légère réintégration de cette compression daily à la hausse.
Il faudra donc attendre une cassure de cette...
I don't follow BTT very much did a little charting, so take my analysis with a grain of salt.
Watch for a break between 3850-3820 today (or when ever it attempts to enter the lower end of my pitchfork.
If BTT finds support we may have a short move up until ~the 18th of this month.
Target short & stop set on chart as Burkowski’s Adam and Eve double bottom theory coupled with volume index seems to indicate a parabolic surge pending confirmations.
BTT is usually one of the lesser Alts (in terms of volume accumulation) so if there is any, usually that alone is in itself a powerful indication of some sort of major priceaction.
There are a few things I am noticing here. BTT is trading well above the 3 moving averages and we can see the MACD about to cross. This indicates a strong buy to me as far as moving averages go. Some of my oscillators look a bit more neutral, but there are some things worth noting. If we look at the RSI, we can see it crossing above the 50 center line and is...
BitTorrent Is Rising looking at it through the ichimoku indicator. Also looking at the TEMA hour moving averages as well. I am by no means a financial advisor but from my observation you want to be holding this be for take off.