BTTUSDT BTT---BREAK OUT ALERT---Coiled Like a Viper!!!
BTT has had a large accumulation and support building period. The squeeze indicators are pointing to a potential large breakout that may break 7800 resistance. I am using only USDT pairs when trading at the moment due to the high risk of a BTC price meltdown. This will ensure a great win no matter which direction and typically in a bullish market the alts out preform BTC. SL= 7500 / T1 = 8091, hold 25% and move SL to catch a larger gain possibly.
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For my followers I did sell my ZRX recently. I am currently holding XLM/ ONT/ BTT and ETC in my portfolio with BTT and XLM as the largest holdings. XLM and ONT will be worth holding onto alot longer if BTC moves up another 100$ however I am primarily a breakout trader and search for the big green wicks before they appear!
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Also, as a good tip to keep in mind. If BTC clears another 100$ to the upside we will start trading in BNB and BTC pairs. If the market drops our USDT SL will protect us like a short against a large downward drop and we will still profit in a short. If the price on BTC drops below 3850 on Bitmex, I will be moving funds to begin taking short positions in anticipation of a retest of 3300-3600.
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All trades I post are trades I am actually in, most of the other TA people out there cant promise this.
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Except Alexander and Tomhall !! Lol
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Alexander_Nikitin and Tomhall are great TA guys by the way whom I also watch for advice. Thank you guys for supporting and liking my breakout alerts!