BTT/USDT price is currently on a range, value area where big investors accumulate positions. Price broke a global descending trendline and it has retested it perfectly. We have the 200 period EMA and the 50 period EMA acting as support. The target is the next value area which is around 80% uprise. I would open a position in SPOT or use futures with a technical Stop Loss just under the wick of the previous red candle as well as under the trendline. I think this can be a great trade!
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.