BTT BiTTorent - Breakout phase 1

Hi everyone,
We will see a new BTT breakout very soon from this triangle. We must trace wave E (around 0.0007976) before the breakout. Don’t forget we are in the first phase of the breakout from the long Ziz Zag Eliott Wave Wave C. Next target will top around 0.0009516. Breakout from the Zig Zag should bring us mid term around 0.0015556.


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Comment:

One more touch of the top of this triangle and breakout should happen

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Last Wave E still in play watch for a reversal at 0.0007976

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BTT should not go lower than 0.0007619

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A touch of 0.0007619 will confirm a descending triangle.

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We are now in a ascending triangle (bullish pattern) until we touch 0.0007619 which will confirm a bearish reversal.

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BTT is protecting the ascending triangle pattern which is a very good sign for the moment. BTC should retest now 4120$

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WE just confirmed a bull flag and falling wedge.

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Bull flag let's get ready for Wave A

Comment:

Sorry not A, WAVE 1