Successfully bouncing up after hitting final support line, arriving at the end of the triangle pattern and attempting breakout. Expecting recovery to previous ATH after breaking out of the triangle. Two major resistance as initial targets.
BTT has been moving sideways for sometime forming a flag pattern (yellow area) from the previous pump. The move however is quite slow as it tries to break out of the flag pattern by following an upward channel (green area) instead of sharp move. BTT will need extra push to trigger sharp breakout move.
Today's BTC drop brought BTT to retest its long time support line. Breakout upwards will officially end the bear. Very few resistance upwards, the only thing left is market enthusiasm. Can BTT be appealing enough to big bucks?
Current pattern showing massive inverted head and shoulders inside a broadening wedge, expecting a breakout to the upside very soon. Straying off the course slightly due to Bitcoin pull-back, but if the BTT price managed to climb back to 0.003738 and close daily candle above, it will attempt to break to the upside once again.