Long
BTTUSDT BTT---BREAK OUT ALERT---Coiled Like a Viper!!!
BTT has had a large accumulation and support building period. The squeeze indicators are pointing to a potential large breakout that may break 7800 resistance. I am using only USDT pairs when trading at the moment due to the high risk of a BTC price meltdown. This will ensure a great win no matter which direction and typically in a bullish market the alts out preform BTC. SL= 7500 / T1 = 8091, hold 25% and move SL to catch a larger gain possibly.
Trade active
For my followers I did sell my ZRX recently. I am currently holding XLM/ ONT/ BTT and ETC in my portfolio with BTT and XLM as the largest holdings. XLM and ONT will be worth holding onto alot longer if BTC moves up another 100$ however I am primarily a breakout trader and search for the big green wicks before they appear!Note
Also, as a good tip to keep in mind. If BTC clears another 100$ to the upside we will start trading in BNB and BTC pairs. If the market drops our USDT SL will protect us like a short against a large downward drop and we will still profit in a short. If the price on BTC drops below 3850 on Bitmex, I will be moving funds to begin taking short positions in anticipation of a retest of 3300-3600.Note
All trades I post are trades I am actually in, most of the other TA people out there cant promise this.Note
Except Alexander and Tomhall !! LolNote
Alexander_Nikitin and Tomhall are great TA guys by the way whom I also watch for advice. Thank you guys for supporting and liking my breakout alerts!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.