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BTTBTC Correction Wave Analysis

$BINANCE:BTTBTC
BTT is currently in a correction wave.
Price movement is tight and looks like to be forming a Elliott triangle wave. Looking for a thrust out of the triangle to the upside to finish wave B.
A shallow wave C should follow with support at the 0.00000029-0.00000028 level if we are to see any signs of strong bullish behavior before resuming the previous trend.
This will also form the cup and handle pattern.
If those levels does not hold, then we will see a deeper wave C looking for support at 0.00000025 and then 0.00000021.
BTT is currently in a correction wave.
Price movement is tight and looks like to be forming a Elliott triangle wave. Looking for a thrust out of the triangle to the upside to finish wave B.
A shallow wave C should follow with support at the 0.00000029-0.00000028 level if we are to see any signs of strong bullish behavior before resuming the previous trend.
This will also form the cup and handle pattern.
If those levels does not hold, then we will see a deeper wave C looking for support at 0.00000025 and then 0.00000021.
註釋
Looks like we won't get the thrust out of the triangle to the upside and wave C has started to the lower support levels.免責聲明
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免責聲明
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