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BTT/BTC TA Update (Ready for Breakout?)
BTT/BTC
BTT is still traveling inside this bullish falling wedge pattern for quite some time now. The price keeps respecting them both downward channels,
We can see some bullish signs that this pattern is nearing the end and ready for a large breakout. If BTT can hold the immediate support area around 400 sats
and consolidate for at least a week. That will signal a potential 1st Higher Low before it will have a chance to finally break bullish. Volume is also starting to increase
before it reaches the apex of this pattern which is also added a factor that accumulation is almost done. I'm bullish and already bought some bags for the mid-term trade.
BTT is still traveling inside this bullish falling wedge pattern for quite some time now. The price keeps respecting them both downward channels,
We can see some bullish signs that this pattern is nearing the end and ready for a large breakout. If BTT can hold the immediate support area around 400 sats
and consolidate for at least a week. That will signal a potential 1st Higher Low before it will have a chance to finally break bullish. Volume is also starting to increase
before it reaches the apex of this pattern which is also added a factor that accumulation is almost done. I'm bullish and already bought some bags for the mid-term trade.
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