Current situation at the Bitcoin market brings a nice volatility to alts market. Many coins start to grow rapidly. Market scan revealed that TTC gains momentum for a good run.
There is a technical study of 1 and 12 hours timeframes. We can see that the price touches the support level and bounces while indicators are bullish. More thorough analysis of market players behavior reveals a three drives pattern in a parallel channel. With a subsequent volume increase there should be a significant breakout soon. Bullish divergence of price action and price oscillator confirms the forecast
Signal information
Position: TTC/BTC
Exchange: Bittrex
Duration: Short term
Risk level: Medium
Buy zone:
0.0000221-0.0000240
Sell targets:
0.0000257
0.0000269
0.0000284
0.0000304
Stop loss:
Below: 0.0000213
There is a technical study of 1 and 12 hours timeframes. We can see that the price touches the support level and bounces while indicators are bullish. More thorough analysis of market players behavior reveals a three drives pattern in a parallel channel. With a subsequent volume increase there should be a significant breakout soon. Bullish divergence of price action and price oscillator confirms the forecast
Signal information
Position: TTC/BTC
Exchange: Bittrex
Duration: Short term
Risk level: Medium
Buy zone:
0.0000221-0.0000240
Sell targets:
0.0000257
0.0000269
0.0000284
0.0000304
Stop loss:
Below: 0.0000213
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The signal went to a stop loss zone on 15th of April.
Loss: 3.6%
Duration: 4 days