Subscribe & Save 5% on Cryptonary Pro!
Market Analysis

BTT Technical Analysis – More upside incoming?

Last week we shared our analysis on BTT/USDT Price had started breaking the bearish lower low and lower high structure with a weekly candle closure above $0.0004165 with the next target at $0.0004821.

In a few short days, price achieved the latter level and rejected it on last week’s candle with a closure just under it. Currently, this week’s candle is above, if it closes at this state by the end of the week, then BTT/USDT is likely to continue its bullish rally towards $0.0006.

Conversely, if price fails to close a weekly candle above $0.0004821; PA could, in theory, drift back down towards $0.0004165.

Of course, we have to factor in the rest of the market’s current bullish momentum, which is currently communicating that $0.0006 is likely to be met in the near future.

Sign up for our FREE mailing list

Join 12,590 others now and get actionable research and analysis sent directly to your inbox.

Post a Comment


Delivered to your inbox, every Sunday evening.