Long
Updated

TTCBTC a hort short term opportunity to make profit

283
Current situation at the Bitcoin market brings a nice volatility to alts market. Many coins start to grow rapidly. Market scan revealed that TTC gains momentum for a good run.

There is a technical study of 1 and 12 hours timeframes. We can see that the price touches the support level and bounces while indicators are bullish. More thorough analysis of market players behavior reveals a three drives pattern in a parallel channel. With a subsequent volume increase there should be a significant breakout soon. Bullish divergence of price action and price oscillator confirms the forecast

Signal information
Position: TTC/BTC
Exchange: Bittrex
Duration: Short term
Risk level: Medium

Buy zone:
0.0000221-0.0000240
Sell targets:
0.0000257
0.0000269
0.0000284
0.0000304

Stop loss:
Below: 0.0000213
Note
#TTC

The signal went to a stop loss zone on 15th of April.

Loss: 3.6%
Duration: 4 days

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.