Hi Folks,
What are your thoughts?
This is a chart to watch closely only for the next 24 hour trading period... All that is in it will be useless after then...
All I am doing here is outlying the two plays I see for BTT and commenting on them. ***Note this all is under the assumption that BTC remains relatively stable over the next couple days***
My thoughts:
(i) Highly unlikely that we go to 12 sats for now... 14sats has held alright thus far, and we are trading on USDT closer to the 15sat mark... So this is bullish-ish... ;)
(ii) However, chart just seems like we need to go lower (eventually). This is a feeling, but we did have three down waves from the top, so why can't we have one more wave up before deciding what's next?
We shall see. Not financial advise as always, but keep this in mind. A break of the small channel would be negative.
Take care,