I was already writing off BTTUSDT expecting a longer correction. but was missing a double-top on the 4hr, which made my head scratch.
However, I spotted some indicators on the 4-hour that keep me being bullish on BTTUSDT:
- There is a valid uptrend with clear touch points
- We have a bullish Stochastic RSI vs. trend divergence
- There is a falling...
Here´s some of my BTT watching.
Best buy opportunity not in reach, yet. Is it at lower Bollinger ( conservative ) , or also 0,0008656 at 38.20 FIBO.
Sell target of pink bull flag is around 127.20 FIBO in yellow.
If will hold as support, target 2 is 0.0014 usdt.
Conservative trade after break UP, is sell around upper Bollinger Band.
Looks like we are going to party BTT again after the price retrace in the area of 0.5 Fibonacci Ratio.
Strong reasons to rise are
- Price of entering the EMA 21 area
- Stochastic Targets Over Sold
- There is a Falling Wedge pattern on H1
Note: Make a Purchase When the Price Successfully Penetrates / Closing Candle Above 9551,
And Never Buy Before the Price...
There is no doubt that BitTorrent (BTT) has done something incredible in the longest bearish market ever in the crypto space.
With its +1.000% gain since ICO, and incredibly large volume since its start of trading on Binance, it is surely a coin to have eyes on.
The history is too short to make an accurate prediction on the future price.
However, if you have...