BTTC Pumping Hard as ExpectedHey Everyone,
I analysed this chart and concluded the following:
Here is my Technical Outlook:
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BTTC Bullish Continuation & Bullish Trend, atleast for the moment
Liquidity Levels are also mentioned
It made a good move as expected
Technicals are highly bullish
Bias: still Bullish
Price broke out of Strong Key levels following consolidation from last months with massive volume breakout
Price Above 200 EMA and Strongly Holding it
Timeframe: 1H
Manage your risk properly, Sell in Profit if you were holding from past few months, still risky to enter from here, wait for price to pullback to lower demand levels for new entries
Shorting is also very risky in current bullish scenario, So manage your risk properly\
BTC is also very bullish on HTF trend, but BTC dominance is outperforming alts market
But this coin managed to pump by outperforming BTC
Keep an eye on it
Also stay focused on BTC dominance, Total, Total2 and total3 for clear market direction
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Always use Proper Risk Management
WISH YOU GOOD LUCK :)
Bttcusd
BTC Bearish Pennant ?After a Sudden Drop due to several FUD, BTC is Consolidating under a major trend line and forming a Pennant.
M pattern already formed.
considering that .. Will it be a Bearish Pennant. or BTC will Bounce back ..
BTC will decide its path soon..
Let's wait for a clear breakout.
DYOR.