Been watching BTT/USD since the morning, has confirmed an upside breakout with closes above the wedge on the 4hr. Easy trade setup. May retest ATH (a little below), or shoot through. Either way very little resistance we will have to see how much demand can be hyped up by mr hypeman justin sun.
Trade active
Bought at 0.00117
TP1 - 0.0014~
TP2 - 0.0017~
Trade active
Bought at 0.00117
TP1 - 0.0014~
TP2 - 0.0017~
Note
25% of position closed, touch off of ichimoku cloud we want to see a clean breakNote
Potential Cup and Handle forming, along with a thin H&SCan buy in now with a tight stop under .00120
Neckline at .00135, if breakout can expect resistance at .00140~
From there we are clear to the .00170 - .00185 range
Fundamentals wise, Justin Sun has the power lunch with Warren Buffet so can expect some news coming out about that. Like him or not, news is news and may help drive the coin short term leading up to the meet.
Note
Additional 25% of original pos closed at TP1, currently riding on support channel and 200 MA on the 4hr. Buy in again with a tight stop at .00128.Adjusted TP2 is .0016, which is .5 of a fib extension. Previous TP2 is now TP3
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.