Long
BTT - ATH RETEST?
Bittorrent looks like a solid 2X buy opportunity.
Based on the previous 2 run ups there have been 2 indicators that have called it on the 5H chart. (seen in green circles)
The first one being a blue arrow & the second being a green dot above the candle.
These indicators are printed signifying a trend reversal & a run up in the near future.
Now, the first wave was hyper-parabolic from the lows.
The second wave not being as powerful, but the third wave could retest ATH due to the magnification of the recent pullback.
It has brought a lot more buyers back into the space who panic sold when BTC was going down, & previous hodlers who took profits & now are looking to buy back in at a significantly lower price.
Smart money will come back in to pump BTT 25-100% in the coming days.
Purple lines are local highs.
White lines are daily support.
Teal lines are 4H support.
Yellow lines are 1H support.
Not financial advice.
Based on the previous 2 run ups there have been 2 indicators that have called it on the 5H chart. (seen in green circles)
The first one being a blue arrow & the second being a green dot above the candle.
These indicators are printed signifying a trend reversal & a run up in the near future.
Now, the first wave was hyper-parabolic from the lows.
The second wave not being as powerful, but the third wave could retest ATH due to the magnification of the recent pullback.
It has brought a lot more buyers back into the space who panic sold when BTC was going down, & previous hodlers who took profits & now are looking to buy back in at a significantly lower price.
Smart money will come back in to pump BTT 25-100% in the coming days.
Purple lines are local highs.
White lines are daily support.
Teal lines are 4H support.
Yellow lines are 1H support.
Not financial advice.
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.
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.