RSI : 63 Volume : Interestingly increasing by the last 3 days. Correction incoming by the following days. It will be a good opportunity if the 2nd wave correctional move created as depicted. Need to breakout and close above the channel's resistance line depicted in red to confirm a bull trend continuation. Accumulation Area : 12 sats - 14 sats Distribution Area : Target 1 : 15 sats [After Correctional accumulation] Target 2 : 18 sats Target 3 : 20 sats Target 4 : 23 sats Target 5 : 27 sats Target 6 : 32 sats[Mid To Long Term] Stop Loss : 8 Sats *Hodl this with patience to get a good profit. Capital Accumulation : 3% Risk : High
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#BTT_Update So Far 83.33% profits achieved from our call on #BTT. #BTT was called here in our channel on May 18 when it was only at 12 satoshi's. Even though it was a good position to call it at that level after confirming the reflex point of the trend and the confirmation of the upward trend we did received it was a late call. Our defense point for that suggestion was that we were sure that we will get at least 80% of profits in this trade and even further more we pointed out that we are very sure about its bullish dramatic trend for the mid and longer term time frames. We are still in that position to predict about #BTT's coming growth. It is showing exactly the same trend like we did forecast referring to a creation of an impulsive elliott waves and it did exactly the same. It seems we are on a position of the 4th wave ending a beginning of the last wave. We sure will have to see a correction before going to our ATH position and need to test the next stronger resistance levels of 24 sats and 26 sats as depicted by blue lines on the chart.
There will be more updates shortly. Stay Tuned. For live crypto trading updates follow our telegram channel.
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