Long BTT to 0.386 Fib and maybe furtherSimple chart, with breakout already happening. Descending wedge falls to supports, leading to bounce.
BTTUSDT
Important FIBO levels to me.Hey .
Here´s some of my BTT watching.
Best buy opportunity not in reach, yet. Is it at lower Bollinger ( conservative ) , or also 0,0008656 at 38.20 FIBO.
Sell target of pink bull flag is around 127.20 FIBO in yellow.
If will hold as support, target 2 is 0.0014 usdt.
Conservative trade after break UP, is sell around upper Bollinger Band.
Now just consolidating between EMA50 & EMA 10. Sits perfectlly to FIBO 38.20 and 50.
Actually EMA10 still acting as resistance.
Breakout here / with volume above average! / could determine my first buy strategy decission.
Legit are only closed candles & wait for second confirmation candle for insure.
Also watch for BTC moves, of course : f
Sincerely, Emvo.
*This is not a financial advice.
I am not a professional trader.
DYOR.
BTT/USD BreakOut or FakeOut?No specific short term bias for me until clear breakout+retest or more confluences in general.
Would have preferred to see 61.8 Fib retracement 1st to be LONG.
Personal long term bias: LONG
BTT/USD Bull trap. DON'T FOMO HEREBTT breaks Prabola, DON'T FOMO HERE. Maybe consider long position at .00045
