Long
Updated

BTT BiTTorent - Breakout phase 1

560
Hi everyone,
We will see a new BTT breakout very soon from this triangle. We must trace wave E (around 0.0007976) before the breakout. Don’t forget we are in the first phase of the breakout from the long Ziz Zag Eliott Wave Wave C. Next target will top around 0.0009516. Breakout from the Zig Zag should bring us mid term around 0.0015556.


Disclaimer: The content covered in this publication is NOT investment advice. I’m NOT a financial adviser. These are only my own personal opinions, ideas, charts, technical analysis (TA), insights, curated news publications and price prediction(s) for 2019 and beyond. Always do your own research and only invest solely based on your own findings and personal judgement. Trading and/or investing in Bitcoin (BTC), Ethereum (ETH) or any other type of cryptocurrency or altcoin is extremely high risk and the market + price of any asset can crash at any time! Cryptos are incredibly volatile!
Note
One more touch of the top of this triangle and breakout should happen
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Last Wave E still in play watch for a reversal at 0.0007976
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BTT should not go lower than 0.0007619
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A touch of 0.0007619 will confirm a descending triangle.
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We are now in a ascending triangle (bullish pattern) until we touch 0.0007619 which will confirm a bearish reversal.
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BTT is protecting the ascending triangle pattern which is a very good sign for the moment. BTC should retest now 4120$
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WE just confirmed a bull flag and falling wedge.
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Bull flag let's get ready for Wave A snapshot
Note
Sorry not A, WAVE 1

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