Long Setup
Based on the analysis that I posted yesterday, it breaks the major pump line and currently falls at the support level at 0.0070 - 0.0073. This level (50% Fib Retrenchment) has very strong support which holds the correction throughout the days. Therefore, I expect the price will go up from this support level to the previous high at 0.010.
However, due to the BTC crushed and other circumstances, it might breaks this support level (50% Fib Retrenchment) and fall to 0.0058 which is 61.8% of Fib Retrenchment. At 61.8% Fib Retrenchment level, there are many strong trendlines that may fix the price to continue the growth.
I will get in at the current support level, keep my money bullets for buying the dips and hold it long term.
And remember BTT token is very potential and the team is developing their projects.
This is not financial advice
You may leave your comment and idea below :D
Thank you
However, due to the BTC crushed and other circumstances, it might breaks this support level (50% Fib Retrenchment) and fall to 0.0058 which is 61.8% of Fib Retrenchment. At 61.8% Fib Retrenchment level, there are many strong trendlines that may fix the price to continue the growth.
I will get in at the current support level, keep my money bullets for buying the dips and hold it long term.
And remember BTT token is very potential and the team is developing their projects.
This is not financial advice
You may leave your comment and idea below :D
Thank you
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