Updated
BTT Diamond pattern finishing.
Hi everyone .
BTT appears as a two trends creating diamond pattern.
I like to mention, it´s not absolutely random, that ema 50 & ema 10 copying this zones.
I will monitoring 4H chart mainly due to short history data.
Will be great to see this token hold red ema50 and follow a blue trend canal.
For uptrend, BTT will need to stay above blue ema10.
It´s better to watching close at 1H chart candles for a detail.
Red canal could mean zonetest of 0.0006usdt territory.
Also everytime keeep an eye on BTC & now LTC too.
Now let´s wait, how it break.
Mario Emvo.
*This is not a financial advice.
BTT appears as a two trends creating diamond pattern.
I like to mention, it´s not absolutely random, that ema 50 & ema 10 copying this zones.
I will monitoring 4H chart mainly due to short history data.
Will be great to see this token hold red ema50 and follow a blue trend canal.
For uptrend, BTT will need to stay above blue ema10.
It´s better to watching close at 1H chart candles for a detail.
Red canal could mean zonetest of 0.0006usdt territory.
Also everytime keeep an eye on BTC & now LTC too.
Now let´s wait, how it break.
Mario Emvo.
*This is not a financial advice.
Trade active
Ema10 Daily holding. Note
Looks like BTT choose blue way. 4h candle close awaiting.Yes, I had to redraw my FIBO little. Now working perfectly.
If will break above FIBO 618, I will expect more UP.
*This is not a financial advice.
Note
Maybe will complete.Note
I consider it´s more narrow. But it is. Breakout awaiting to test top of uptrend canal.Trade closed: target reached
Red-dashed line was target. Is clever to take profit. Who will hold , keep watching red and neck line , if makes support there.
Congratulations if you success : f
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.