BTT
BTT overextended after major growth, time for a correction?BTT has been growing like crazy for the past few weeks, we've hit new ATH after ATH.
After reaching a new ATH this morning, is the end in sight?
If the bullish momentum stops, we might see a retracement back to $0.0042
BTTUSDT Breakout may occur. Look at the volume very important, Increasing volume correlates with positive breakout...
Climbing to the top of the channel with plenty of supportNice strong channel with support that leads through to the top half of channel. MACD/Stoch RSI, and Ichimoku all look like they are ready to trend upward. Just be careful if it falls through both supports. Set your stops and sell in greed!
🔥 BTT Channel BreakoutAfter spending a week inside a channel, it looks like BTT has finally made a new push upward, breaking out of the channel. With BTC looking more bullish as of today, BTT might actually see some strong returns in the short term.
Happy trading!
BTTUSDT Pennant PatternBTTUSDT (4H CHART) Technical Analysis Update
BTT/USDT currently trading at $0.0033
Long Entry-level: only buy after the pennant pattern breakout
Stop loss: Below $0.00290
Target 1: $0.0040
Target 2: $0.0045
Target 3: $0.0050
Target 4: $0.0060
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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BTTUSDT in next 3 daysbtt is reaching the end of the triangle.
As you can see, there are two very strong support areas at the end of the triangle.
The currency is expected to make significant gains in the next three days if the price of Bitcoin stabilizes.
Great triangle⚖️Did you miss ideas, wolves?🔥
There is a symmetrical triangle on BTTUSDT.
There was a strong bullish sentiment before.
So it may be a good signal to buy. However do not rush the trade and wait for clear signal.
According to Elliott Waves theory all the waves are done and price is heading to the breakout now.
Follow the chart and look for the breakout carefully.
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BTTUSDT - Bittorrent - Breakout Pattern forming?!!!IF IT LOOKS ALL MESSED UP!!!
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== ANALYSIS ==
It looks like BINANCE:BTTUSDT is slowly consolidating into a breakout pattern. Thoughts?
BTT next move towards 0.0039? With BTC going down, BTT is now almost oversold crazy. Looking at the chart it might be forming an ascending triangle. MACD is looking good aswell imo and divergence too. I expect a move upwards if btc holds up and will not go down.
Let me know your thoughts.