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🔴BTT can Reach The Top of The wedge.Here is why...
Hi every one
BITTORRENT / TETHER
BitTorrent has been Bearish for a while, But That can Be Changed Soon! As you can See The Price is In a Falling wedge Pattern! The Break Out Must Happen So That The Price would Increase Easily. There is a Scenario That we Expect To happen. As you can See The Price Has Not reached The Bottom Of The The Falling Wedge. Parabolic SAR suggests That The Price Still Needs To Decrease So we can Be Sure It will Touch The Bottom Of The Pattern. Another Thing Is That we can See a Bullish Cross Is about To Happen on MACD! The Blue Line (MACD) Would Cross The Red Line(Signal) Upwardly! This is a Great Bullish Sign as well! If Anything Goes as Expected, we can See BTT reach The Top Of The Wedge Pattern once again!
🔴Summery:
-BTT is in a Falling Wedge
-No break out yet
-Parabolic SAR Suggest a Bearish movement
-Bullish Cross about To Happen on MACD!
-Resistance at The Top of The Pattern.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
BITTORRENT / TETHER
BitTorrent has been Bearish for a while, But That can Be Changed Soon! As you can See The Price is In a Falling wedge Pattern! The Break Out Must Happen So That The Price would Increase Easily. There is a Scenario That we Expect To happen. As you can See The Price Has Not reached The Bottom Of The The Falling Wedge. Parabolic SAR suggests That The Price Still Needs To Decrease So we can Be Sure It will Touch The Bottom Of The Pattern. Another Thing Is That we can See a Bullish Cross Is about To Happen on MACD! The Blue Line (MACD) Would Cross The Red Line(Signal) Upwardly! This is a Great Bullish Sign as well! If Anything Goes as Expected, we can See BTT reach The Top Of The Wedge Pattern once again!
🔴Summery:
-BTT is in a Falling Wedge
-No break out yet
-Parabolic SAR Suggest a Bearish movement
-Bullish Cross about To Happen on MACD!
-Resistance at The Top of The Pattern.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
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