Long
BTT is breaking out!
As we look at both the daily BTT/BTC and also the BTT/USD charts we can see that BTT has finally broken its downtrend on the daily chart. There is plenty of room to run on this one. Fib levels and areas of interest for potential targets marked in purple.
Note
Trade seems to be going strong, the strongest breakouts don't retest and it doesn't look like it wants to retest. Since the diagonal break was a major one going back to July, I think this still has quite a bit of room to run.
Note
BTTUSD correction looks over and starting a new wave up! Note
BTTBTC looks to be breaking out of its falling wedge nowwith both pairs breaking out we should see some nice movement!
Note
Looking like correction from the first wave is over, we can now start our third wave, potential targets for third wave are on dotted pink line :) Note
Took profit here at 4890will look to relong around 4030
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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.