What is next for BTT/USDT?
Are we breaking the falling wedge?
Not yet.
However both BTT/BTC and BTT/USDT are showing signs of bottoming, BTT/USDT is a bit ahead of BTT/BTC and will naturally soon see a small retracement. Between 6850-7000sats is a perfect spot to bounce back to the lower ranges. Here you can see several candlewicks touching, meaning there is a lot of liquidity to be found for the rich traders.
So at what point will we really break upwards?
Soon.
Similarly, the 6300sats support zone is where liquidity is to be found as marked by the line. A short touch can be expected and this will most likely show to be the last bottom. The first resistance to beat is the 8200 zone as marked on the chart. If this breakout is fueled by news than this might show to be no problem at all.
Any problems?
Yes.
If BTT speed gets announced things will be speed up and you might miss the train. So maybe you shouldn't bother with selling ups and downs and just buy already. Forward a month from here and you would be happy buying at these levels.
*Disclaimer: This is not financial advice and is merely meant as informative. Please try to make your trading decisions based on your own research.*
Not yet.
However both BTT/BTC and BTT/USDT are showing signs of bottoming, BTT/USDT is a bit ahead of BTT/BTC and will naturally soon see a small retracement. Between 6850-7000sats is a perfect spot to bounce back to the lower ranges. Here you can see several candlewicks touching, meaning there is a lot of liquidity to be found for the rich traders.
So at what point will we really break upwards?
Soon.
Similarly, the 6300sats support zone is where liquidity is to be found as marked by the line. A short touch can be expected and this will most likely show to be the last bottom. The first resistance to beat is the 8200 zone as marked on the chart. If this breakout is fueled by news than this might show to be no problem at all.
Any problems?
Yes.
If BTT speed gets announced things will be speed up and you might miss the train. So maybe you shouldn't bother with selling ups and downs and just buy already. Forward a month from here and you would be happy buying at these levels.
*Disclaimer: This is not financial advice and is merely meant as informative. Please try to make your trading decisions based on your own research.*
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