BTT Decision Day
Updated
Hi Folks,
What are your thoughts?
This is a chart to watch closely only for the next 24 hour trading period... All that is in it will be useless after then...
All I am doing here is outlying the two plays I see for BTT and commenting on them. ***Note this all is under the assumption that BTC remains relatively stable over the next couple days***
My thoughts:
(i) Highly unlikely that we go to 12 sats for now... 14sats has held alright thus far, and we are trading on USDT closer to the 15sat mark... So this is bullish-ish... ;)
(ii) However, chart just seems like we need to go lower (eventually). This is a feeling, but we did have three down waves from the top, so why can't we have one more wave up before deciding what's next?
We shall see. Not financial advise as always, but keep this in mind. A break of the small channel would be negative.
Take care,
What are your thoughts?
This is a chart to watch closely only for the next 24 hour trading period... All that is in it will be useless after then...
All I am doing here is outlying the two plays I see for BTT and commenting on them. ***Note this all is under the assumption that BTC remains relatively stable over the next couple days***
My thoughts:
(i) Highly unlikely that we go to 12 sats for now... 14sats has held alright thus far, and we are trading on USDT closer to the 15sat mark... So this is bullish-ish... ;)
(ii) However, chart just seems like we need to go lower (eventually). This is a feeling, but we did have three down waves from the top, so why can't we have one more wave up before deciding what's next?
We shall see. Not financial advise as always, but keep this in mind. A break of the small channel would be negative.
Take care,
Note
Met resistance at the red line... Now I imagine we trade within the two channels (the little triangle formed by red and gray lines) until our next move. Cheers to the couple % of profit. Now I wait.Note
Heading towards the 13-14 sat range! We failed to break the resistance that we hit yesterday.
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